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Netflix has Confirmed a Regulation Change that Would Result in Charges for Millions of People Who Share Accounts

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According to a statement released by the firm last week, if you’ve been using someone else’s Netflix account to stream movies and TV shows, your days are limited.

New rules, same game

Be prepared to start paying for Netflix if you borrow someone else’s or share their login. The dominant streaming service has been announcing that a crackdown on password sharing was coming soon, and it looks like they are almost ready to implement some new regulations.

Netflix stated last week in a letter to shareholders that it plans to introduce paid account sharing “more generally” by the end of the first quarter of 2023. Over 100 million homes, according to Netflix, have multiple accounts, which “undermines our long-term capacity to invest in and develop Netflix.”

When paid sharing launches, executives said in a letter that they anticipate some users may terminate their accounts, but that “borrower households” will create their own accounts instead.

A tool that Netflix has been testing to prevent users from exchanging passwords across addresses will now be implemented more broadly, which might force millions of individuals who now use Netflix for free to pay.

However, there will be a “paid sharing” option that will be less expensive than a full membership and provide you the chance to share one account among numerous homes.

Netflix stated last week when they released their earnings report: “Later in Q1, we aim to start rolling out paid sharing more extensively.

The extensive account sharing that is now occurring (in more than 100 million households) jeopardizes our capacity to expand our company and invest in Netflix in the long run.

Although the exact date has not yet been determined, “later in Q1” hints that it will be soon.

Additionally, we are unsure of the locations that will receive this therapy, but it has recently been tested in Latin America.

Additionally, Netflix will be able to monitor which devices are utilizing the streaming service thanks to newly additional features, which will help them better track who is paying for what.

Their statement went on to say: “We have put a lot of effort into developing new features that enhance the Netflix experience, such as the capability for subscribers to check which devices are utilizing their account and to move a profile to a different account.

“Members will have the choice to pay more to share Netflix with individuals who don’t live within various countries as we roll out paid sharing.

Netflix understandably anticipates opposition but believes that the caliber of its offering will eventually win people over.

We anticipate the tendency to follow that of Latin America, with engagement increasing over time as we continue to offer a fantastic lineup of programs and borrowers join up for their own accounts, the study continued.

You may purchase an advertisement-supported plan that is less expensive than the entire commercial-free bundle if you don’t want to commit to a complete subscription. The cost of that package is just £4.99 per month, which is £2 less than what their normal Basics offering costs.

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For About $200 Million, Justin Bieber Has Just Sold His Whole Music Catalog

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The whole music collection of Justin Bieber was auctioned for USD $200 million. According to Rolling Stone, the pop artist gave the Hipgnosis Songs Fund the rights to his songs. The sizable agreement covers 290 of his works that will be released by December 21, 2021. Therefore, the British investment and song management firm owns all of those beloved classics, such as “Baby,” “Love Me”, and even “Boyfriend”!

Leaving a Legacy

With this agreement, Hipgnosis has acquired a 100% interest in the publishing rights and the artist’s portion of the income from the 28-year-master old’s recordings, which are still owned by Universal Music Group. Additionally, they are entitled to neighboring rights, which apply to any public performances of his music. Following the announcement of the contract, Scooter Braun, Bieber’s longtime manager, said through CNN:  “Justin is truly a once in a generation artist and that is reflected and acknowledged by the magnitude of this deal. For 15 years I have been grateful to witness this journey and today I am happy for all those involved. Justin’s greatness is just beginning.”

From a Business Perspective

Bieber joins a lengthy line of musicians, including Bruce Springsteen, Justin Timberlake, Motley Crue, Sting, and Red Hot Chili Peppers, who have lately sold their libraries. Bieber is the biggest musician traded for in his generation, surpassing Springsteen, whose catalog was sold for an estimated $550 million. If you have something that’s popular, everyone wants to get in on it, according to Cynthia Katz of the legal firm Fox Rothschild, which has handled infamous deals like the sale of Motley Crue to BMG.

Taylor Swift, meanwhile, has chosen a totally different path. In 2019, after Big Machine Records, unknowing to her, sold her masters to her adversary Scooter Braun, the singer fought valiantly to regain creative control, even re-recording six of her first studio albums. She admitted that she made an attempt to repurchase them before the agreement with Braun was signed. Of course, not every singer is in to doing all the same the others do, but there lies the greatness of it all as money is always a powerful tool. A strategic move for singers, but it would be up to them to handle it all and prove their business prowess too!

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Sebastian Stan Says He’s Interested in Being Luke Skywalker One Day

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Sebastian Stan, who is most known for playing Bucky Barnes, or the Winter Soldier, in the Marvel Cinematic Universe, has developed a bit of a reputation in recent years for being essentially a perfect clone of a young Luke Skywalker. When you compare the two side by side, their similarities are startling. Mark Hamill himself has chimed in on the topic in the past, suggesting that Stan could easily be his kid.

What Could Be

So it seems sense that there has been constant pressure for Stan to portray a young Luke Skywalker at some time in the future. Face swaps, alterations, and fan art abound, making it obvious that the actor is well aware of how much the fans want to see him in the part. The higher-ups at Disney must have have seen the demand by this point, and fans have been really keen on showing the many possibilities on what can happen.

All The Possibilities

It was brought up in a recent interview with Esquire whether or not we may ever see our dreams come true, and he is technically not saying no:  “Look, it’s really kind. Never say never. Mark Hamill is my father, you know, and he knows that, and I call him every Christmas to tell him, ‘just want you to know I’m around,’” he stated.

Thanks to technology, Hamill was still able to appear in The Mandalorian as a younger version of Skywalker, but there’s only so much that can be done without it seeming completely ludicrous, so it’s by no means a long-term fix. We’ll have to keep to the face swaps for the time being since there are obviously no current formal intentions to cast Stan in the part, or at least none that can be disclosed at this point.

This isn’t the first time Stan has responded to the demand; in a Good Morning America interview from last March, given to promote The Falcon and the Winter Soldier, he was asked if it was possible that the request would be granted. He replied, “If Mark Hamill calls me personally to tell me that he feels inclined to share this role with me then I’ll believe it,” when asked if it was possible.

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Usain Bolt Gets Scammed and Ends Up Losing Almost $12 Million

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Usain Bolt’s attorneys claim that the Olympic champion lost about $12 million from an account that was supposed to help him pay for his retirement. The 36-year-old had deposited the cash in a Stocks and Securities Ltd. account in Kingston, but on January 18, his attorney asserted that only approximately $12,000 remained of the millions that had been there. According to Linton P. Gordon, Bolt’s life savings were in the account, but since the money vanished, regulators have not gotten in touch with either him or Bolt.

A Huge Surprise

The day before Gordon revealed the money had vanished, the Jamaican Financial Services Commission announced that, in response to concerns of fraud claims, it had appointed its own temporary manager to the investment firm. A copy of the letter Gordon wrote Stocks & Securities Limited on January 16 demanding the money be returned within 10 days or the company will face civil and criminal action was made available to the Associated Press by Gordon.

Quite the Odd Occurrence

As the Jamaican Financial Services Commission continues to look into the company, Stocks & Securities Limited requests on its website that customers direct any questions to the commission. Earlier this month, Stocks & Securities Limited disclosed that it had learned of the alleged scam and stated that several of its clients may be missing millions of dollars. Nigel Clarke, the finance minister for Jamaica, noted that although the situation was concerning, it was also quite exceptional.

NIgel Clarke had then stated: “It is tempting to doubt our financial institutions, but I would ask that we don’t paint an entire hard working industry with the brush of a few very dishonest individuals.”  While the Financial Services Commission conducts its investigation, the company is permitted to continue operations, but all transactions require government authorization. After setting world records in the 100-meter, 200-meter, and 4×100-meter relay events, Bolt ended his athletic career in 2017.

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