Summary of Article Contents: Chile, Peru, and Costa Rica unveil additional account plans in three countries
[Seoul=Newsis] Reporter Jinyoung Lee = Netflix is pushing to impose additional fees on subscribers who share an account with family and friends who do not live in the same household.
According to foreign media on the 17th, Netflix announced a new rate plan with the same content on the local time blog on the 16th. This plan will be implemented first in Chile, Peru and Costa Rica.
Subscribers from three Latin American countries can add up to two account-sharers who do not live together. In this case, the charges are $2.97 in Chile, $2.99 in Costa Rica, and $2.11 in Peru.
Existing Netflix users have shared a single account with family and friends, and have shared the subscription fee among several people.
However, as Netflix expects to expand its account-sharing surcharge to other countries, this method is expected to become difficult in the future.
As competition in the streaming market intensifies and subscriber acquisition begins to stagnate, some analysts say that Netflix introduced an account-sharing surcharge as a means of expanding revenue.