Unauthorized account-sharing is "impacting our ability to invest in great new TV and films for our members," the streaming giant said.
Highlights
- Netflix is cracking down on account sharing.
- The new feature will be tested in Costa Rica, Chile and Peru.
- Unauthorized account-sharing is “impacting our ability to invest in great new TV and films,” Netflix says.
- It’s not clear if or when the feature will debut in the US, the streaming giant says.
- In 2021, Netflix grew to 221.8 million subscribers, up almost 10% from the year prior, according to a recent report by the company.
- It added 8.3 million subscribers in the fourth quarter of last year, just shy of its goal of 8.5 million in the U.S.