Netflix recently announced that they intend to limit password sharing, as it costs the streaming platform an estimated $135 million each month.
Though Netflix isn't ready to announce a plan to crack down on password sharing, Peters said in the interview:"We continue to monitor it so we're looking at the situation. We'll see those consumer-friendly ways to push on the edges of that."
Netflix's terms and conditions currently state:"The Netflix service and any content viewed through the service are for your personal and non-commercial use only and may not be shared with individuals beyond your household." In a section on Passwords and Account Access, Netflix suggests that they may terminate an account thought to be used by members outside of the user's household:"The member who created the Netflix account and whose Payment Method is charged has access and control over the Netflix account and the Netflix ready devices that are used to access our service and is responsible for any activity that occurs through the Netflix account.
"We can terminate your account or place your account on hold in order to protect you, Netflix or our partners from identity theft or other fraudulent activity."
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