Will Man Utd soon have new Qatari owners? + Netflix is cracking down on password sharing
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Qatari investors are expected to make a significant bid for Manchester United: The offer will likely be made in the coming days, before the mid-February deadline set by the club’s current owners, the Glazers, The Daily Mail reports. The group of high-wealth Qataris behind the bid wants to provide manager Erik ten Hag with the financial support he needs to improve his team's performance, according to the report. The Glazers are asking for over GBP 6 bn for the club, which they bought in 2005. There is also the question of whether Old Trafford will be redeveloped or torn down entirely with a brand-new “state-of-the-art facility” built in its place. A project of this magnitude could reportedly cost more than GBP 2 bn. According to insiders, the group is looking for a new project to capitalize on the Qataris’ World Cup hosting experience.
Apparently sharing is not caring: Netflix is clamping down on password sharing: Streaming giant Netflix will immediately roll out the first step in their plan to prevent multiple users from using the same account by way of sharing passwords, the company announced in a statement. Soon, Netflix users in New Zealand, Portugal, Spain, and Canada will have to choose a primary location and will only be able to add two extra sub-accounts for users who don’t live at the primary location, which will cost an extra USD 6 per month.
More than 100 mn households currently share accounts by using the same login credentials, according to data collected by Netflix. This friendly gesture is apparently limiting the company’s ability to invest in new movies and tv shows, they say. A Netflix account “is intended for one household,” the statement adds.