Password shairing No : Netflix announces

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Nairobi, Kenya July 21...Streaming giant Netflix has announced its decision to end password sharing across the world  

Netflix has been wrestling with a sharp slowdown in growth since the pandemic, as competition heats up, households grapple with rising costs and it reaches what analysts see as saturation point in some of its biggest markets.

In May, Netflix had imposed restrictions on password sharing in several countries including major markets like the US, UK and France

The company has been cracking down on password sharing across the world in a bid to boost revenue after a slump in growth since the pandemic

In addition, the company also launched a less expensive streaming plan with ads last year and cut prices in dozens of countries in February.



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