Netflix changes pricing structure
Streaming platform Netflix has announced an updated tiered membership system in an attempt to combat falling subscriber numbers over the last year. Credit: chromegeek.com. By: Sam Feierabend. The company claim that the main reason driving a loss of memberships is the ability to share account details with multiple people and devices. This means families and couples can split the cost of a monthly subscription. Currently, people are paying £6.99 a month for the service, and within that each person that holds the account details can create their own profile. Within this you can create your own watchlists and recommendations. As people move away from families, or even break up as a couple, a lot are seeing their accounts stay with them with no worry of having to shell out for a separate membership. This is what Netflix are aiming to clamp down on. Starting in November, a whole new membership structure will be in place. The initiative has been trialled in South America over the...