At present, it is common that people share their video streaming apps like Netflix, Amazon passwords with each other. In such a situation, a subscription is taken by one person and it is used by more than one person.
At present, it is common that people share their video streaming apps like Netflix, Amazon passwords with each other. In such a situation, a subscription is taken by one person and it is used by more than one person. But in the coming time, video streaming apps are preparing to rein in this process. With this, no one will be able to share their password with each other.
Due to password sharing, this industry has to bear a loss of billions of dollars. CFRA analyst Tuna Amobi says that the industry is ready to take steps against password sharing. The question is not whether this will happen, but when it will happen.
In March, some Netflix users are being asked to enter the code through e-mail or text to verify the account, but they were also given the option to verify it later. Netflix did not reveal whether the process was only for the US or elsewhere. Where people had participated in this process, it was not told.
Disney + CEO Ball Legger told CNBC in an interview that we are going to create a service that is family-friendly. We have made such a system that four family members can see together. We are examining this matter with various technology tools.
According to the report of the New Center for Internet and Technology, two out of five adults share their password with a family member or friend. This percentage is much higher in TNZers. 56 percent of 18 to 29-year-olds share online adult passwords. Amobi says that the programming cost is increasing, in such a situation, these App will have to take some steps. He can also increase the price of the plan to meet his deficit.