Warner Bros. Discovery’s streaming service Max has introduced a new feature called Extra Member Add-On to curb password sharing, according to CNBC. The feature allows subscribers to add one non-household member to their account for a monthly fee, mirroring Netflix’s paid sharing model. The new add-on feature lets non-household members have their standalone account under the same subscription. The company’s broader effort to limit password sharing reflects an industry-wide push to increase revenue and maintain profitability in direct-to-consumer streaming.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Warner Brothers Discovery streaming service Max introduced a new feature called Extra Member
00:06Add-On to curb password sharing, according to CNBC. The feature allows subscribers to add one
00:11non-household member to their account for a monthly fee, marrying Netflix's paid sharing model.
00:16The new add-on feature lets non-household members have their own standalone account
00:20under the same subscription. The company's broader effort to limit password sharing
00:25reflects an industry-wide push to increase revenue and maintain profitability in direct-to-consumer
00:31streaming. For all things money, visit Benzinga.com slash GSTV.