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This June 24, 2015, file photo shows the Netflix Apple TV app icon in South Orange, N.J. Netflix is raising prices for its video streaming customers in the U.S. and Canada, less than a year and a half since its last price increase, as competition from other streaming services increases.

HUNTINGTON — Netflix has announced in a letter to its shareholders new plans to stop password sharing between multiple households.

In 2023, subscribers can pay a fee (in addition to the cost of the subscription) to add an “extra member” to their plan. Currently, a Netflix account can support up to five profiles. As of Monday, a user can transfer a profile to a different account that preserves their watch history and settings.

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