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