Once upon a time, there lived a greedy giant called Netflix.
Seriously, though, is 137 million paying users worldwide not enough? That's at least 1.1 billion dollars a month, 13.2 billion a year.
Since the news broke out on Thursday morning, thousands of people have gone online to express their outrage. What about users who share their password with others because they have no time to watch TV but have already paid for the month? What about college students who have barely enough money to buy food?
Eight dollars might not seem like a lot to people with full-time jobs. But it is so to students already paying their tuition fees with no jobs. Not only is Netflix promising to track down users who share their passwords, but it also wants to involve the police. That's right. Instead of going after school shooters and politicians who hide their taxes, police will have to go after TV watchers. And there are millions of them.
Behind this is British firm Synamedia, which uses artificial intelligence to find shared passwords on streaming services.
via: ShutterstockAccording to Fox News, it was created last year out of "Permira Funds’ acquisition of Cisco’s Service Provider Video Software Solutions business." Streaming services will have to pay to access Synamedia.
The new technology was first presented at the Consumer Electronics Show (CES) 2019 conference in Las Vegas.Fox News has quoted the company, saying that the new technology "combats the rapid rise in account sharing between friends and families, turning it instead into a new revenue-generating opportunity for operators." In other words, this is all about making more money for the operators and no benefits to users, only costs. That's literally what they said.
"The technology can also be used to detect and shut down large-scale, for-profit credentials sharing accounts run by fraudsters."
via: ShutterstockThis is someone who "has illegally sold their password online to multiple people." So most likely not you.