The ability to share subscriptions with another streaming service provider will soon end: Disney+ is also joining the queue.

After Netflix, Disney+ has also done away with password sharing, and Bob Iger, the company's CEO, spoke about this in a recent article CNBC– In an interview – writes A CNN.

As Iger explained: The settlement will start in June in some countries – he did not name them – and will be introduced more widely from September. However, an important difference between Netflix and Disney+ is that the terms and conditions of the latter have never supported password sharing, but they haven't allowed it either.

See also  "We were not on the side of the ban."

Disney CEO Bob Iger on streaming: We have to turn it into a growth company

Disney CEO Bob Iger joins “Squawk on the Street” to discuss the company's win in the proxy fight against activist investor Nelson Peltz, takeaways from his engagement with shareholders, the company's top priorities, succession plans, the state of the streaming landscape, the new sports streaming alliance, and the future of ESPN, navigating America's culture wars, and more.

Disney is introducing this restriction after a similar move by its biggest competitor, Netflix, which has been very profitable commercially. So it's understandable where the “inspiration” came from, as Disney struggles to make its streaming business profitable.

In the interview, Bob Iger praised Netflix, saying it was the “gold standard” of streaming and that he held it in high esteem.

All streaming providers can probably learn from Netflix's example, and there's a good chance that sharing an account – and thus a subscription – between multiple people will become just a fond memory in a few years.

If you want to know about similar things at other times, like it HVG Tech Department Facebook page.