yes! Netflix Password Sharing will attract a charge from the new year.it will affect more than 100 Million users as they use someone else’s account.

Netflix has been losing subscribers and password sharing is one of the major reasons.

Netflix has long been aware that password sharing is a problem that negatively affects its earnings, but the rise in subscriptions in 2020 led the company to avoid addressing the issue.

Because of the revenue downfall this year and the platform’s first subscriber loss in 10 years, Netflix CEO Reed Hastings decided it was time to take action on the issue.

Starting next year, the company plans to ask users who share accounts with others outside of their household to pay for the same, the report said.

In October, the streaming giant had announced the ‘Profile Transfer’ feature to prevent password sharing that had been rolled out to all members globally.