Netflix confirms the date it will begin charging for shared accounts

Recently, the streaming giant revealed in a report that it had lost nearly 970,000 subscribers in the second quarter of 2022, amassing more than a million customers who have left the service since last year. Now, Netflix will start loading shared accounts very soon.

Even with previews like those of the fourth season of “Stranger Things”, “Better Call Sall” and the arrival of “The Head of the Spider” starring Chris Hemsworth, it wasn’t enough for Netflix to report alarming numbers as its shares dropped. 35% according to the company’s financial reports.

This is how the company reported a $ 70 million dollar loss due to severance costs. Even so, the streaming giant continues with its strategy to attract new customers and has announced it On August 22, they will begin charging for shared Netflix accounts..

The new mode called Netflix Homes will arrive in countries such as Argentina, Guatemala, El Salvador, Honduras and the Dominican Republicto expand around the world later and hope that this subscription package will be rolled out in most regions by the end of this year.

What is the Netflix Homes mode?

Basically the new mode of Netflix Homes will charge an additional fee to those who log into an account from another home this is not the principal who was granted that profile. Starting August 22, 2022, to use your Netflix account for additional homes, we’ll ask if you want to add a home for an additional monthly fee.

This new policy will only apply to TVs that access the shared account, while the additional cost will not apply to mobile devices while traveling, in which case they will be given a two-week period to enjoy all the content of the service, and therefore implement new measures.

This will be one of the two plans that Netflix has, as it also plans to launch a new package that is cheaper than the basic one and which will have advertisements within the page, in which Microsoft will help them with the implementation and which will be launched until following year 2023.