The days of password-sharing for free are coming to an end.

Password-sharing also hurts Netflix’s ability to “build our business,” the company said.

Netflix has already rolled out the password-sharing changes in some countries, including Argentina and Honduras.

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The fee was not disclosed.

We’ll report back with more information as it becomes available.

In other Netflix news, founder Reed Hastings isstepping down as co-CEO and will become executive chairman.

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Additionally, Netflix management believes thatreleasing Glass Onion in theaters didn’t hurt its streaming results.

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