Netflix password sharing option is going away soon.

Netflix, America’s leading movie streaming company, has indicated that it will discontinue password sharing in the future. According to The Source.com, users using the international video streaming company Netflix pay a monthly fee to the company for numerous movies and web shows, but there are some who take advantage of the feature for free.

Reportedly, 4 screen accounts (ie, an account that 4 people can use) watching video streaming sites receive up to $ 6 to $ 12 per service. However, reports are now that Netflix is considering discontinuing the facility after news of more people being used by 4 people accounts, so that it can receive more profit.

The streaming company’s chief product officer says they are looking for a way to prevent a user’s account password from being used by the rest of their friends and family. The company’s product officer said in an interview that there is currently no plan to take immediate action regarding the password sharing problem.  But to address this situation, we are reviewing the accounts of password-sharing users.

It is also worth mentioning that over 9% of people on Netflix are estimated to share passwords, However, this causes millions of dollars in loss for Netflix’s 9% password sharing.