Source: iMore
What you need to know
- Netflix is going to start cracking down on password sharing this year.
- Executives are aiming to introduce lower-price tiers with adverts in the last three months of 2022.
- A ban on sharing your password is set to take effect around the same time.
Netflix is aiming to introduce adverts to its platform and ban password sharing by the end of the year, according to the new report.
The NYT reports:
In the note, Netflix executives said that they were aiming to introduce the ad tier in the final three months of the year, according to two people who shared details of the communication, speaking on condition of anonymity to describe internal company discussions. The note also said that they were planning to begin cracking down on password sharing among its subscriber base around the same time, the people said.
As the report notes that is a more accelerated timeline than previously indicated. Netflix is in some bother after announcing last quarter that it lost subscribers for the first time in more than 10 years, with more expected in the next quarter.
As a result, Netflix shares plummeted, with the company announcing some drastic plans to fix its financial woes. Alongside canceling a swathe of content, Netflix is going to introduce cheaper pricing tiers that will be supplemented by adverts for users who don't mind sitting through commercials while paying a bit less.
The other measure is a ban on password sharing. Netflix estimates that it has around 100 million users who are sharing a password with another paying household, essentially getting a free ride for the service. Netflix has reiterated that users are not meant to share their passwords with anyone outside of their household and plans to try and put a stop to the practice in the next few months.
The platform is one of the best iPhone apps for streaming original content on devices like the iPhone 13, iPad, and MacBook. While more ways to pay for the service and cheaper options might be a welcome advent for some, its password-sharing policy is bound to prove unpopular with users.

Kuo: A new HomePod is coming in late 2022 or early 2023
Apple is set to announce a new HomePod either later in 2022 or in the early part of 2023, according to analyst Ming-Chi Kuo.

Streaming reached a record share of total TV viewing last month
Streaming services were responsible for a record share of the total television viewing across the United States for the month of April, according to new data.

Report: Apple increases iPhone 14 OLED order to 150 million, BOE struggling
A new report says that Apple is set to make 150 million units of OLED panelts for the iPhone 14, but that supplier BOE hasn't yet been approved as one of the manufacturers.

Catch up with the latest Apple TV+ shows with the best streaming devices
Binge watch the latest season of Ted Lasso and so much more with the best streaming devices that support the Apple TV app.