Streaming platform giant Netflix officially announced that it will stop sharing passwords for accounts starting 2023. This follows from the great financial loss the platform suffered over the past two years, which led to the loss of many shareholders and funds. Netflix announced earlier last year that it would impose an additional fee of $2-3 on any account that shares its password with another person. Netflix also launched the “Profile Transfer” feature, which allows the user to transfer his/her profile – which includes all personal recommendations, viewing history and lists – to a new paid Netflix membership. “We’ve been testing profile transfers in Chile, Costa Rica and Peru since March,
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