Hands up who is sharing their Streaming subscription?
Consumer site Finder claims many Aussie adults are mooching off someone else’s TV streaming account.
Finder polled 1,005 Australians in January 2021 as part of its Consumer Sentiment Tracker survey.
It reported more than two in five Australians (44%) admit to using a family member or friend’s streaming service.
Gen Z are the most likely to freeload, with a whopping 74% saying they use a service that isn’t in their name. Over half of gen X are freeloaders (51%), compared to 38% of gen Y and one in five (20%) baby boomers.
“Instead of paying for multiple Internet TV accounts, consider account sharing with friends or family. This is an easy way to cut costs while retaining the benefits of multiple subscriptions,” says Finder’s streaming editor, James Dampney.
“Make sure to keep track of who is paying for each service, and who has login privileges – sometimes siblings or old housemates can end up mooching off your account.
“Even if you’re sharing accounts with other people, remember to cancel any services that you aren’t using – this is a pointless money drain.”
In late 2019 Netflix CFO Spencer Neumann was asked if password sharing / stealing is something the service intends to address?
He responded by stating, “We continue to monitor it … we’ll see those consumer-friendly ways to push on the edges of that … we have no big plans to announce at this time in terms of doing something differently there.”