Netflix currently permits subscribers to stream two movies or TV shows simultaneously from different devices, but according to the company’s top executives, that limit is about to grow. “A few members with large families run into our 2-simultaneous-stream limit,” reads Netflix’s quarterly letter to shareholders, written by CEO Reed Hastings and CFO David Wells. “To best serve these members, we’re shortly adding a 4-stream plan, at $11.99 in the U.S.”
Surprisingly, the streaming service expects a mere one percent of customers will take advantage of the upcoming, more generous family plan. It would seem most of Netflix’s user base is content with current subscription rates, but for those of you letting friends and family “borrow” your account credentials, things just got a bit more convenient. Unfortunately you’ll still have to deal with the recommendations that stem from their viewing habits.
Source: Netflix
In today’s fast-growing digital age, data has become one of the most valuable assets of…
The Tech Panda takes a look at recent funding events in the tech ecosystem, seeking…
Looking at the rising online scams, the National Payments Corporation of India (NPCI), the umbrella…
The world is filled with raw data, but raw data is of no value by…
What seemed like a blow to India’s gaming industry has turned into its biggest power-up…
The Tech Panda takes a look at recent launches in the superfast field of Artificial…
