Shocking Netflix update revealed as app prepares to ban account sharing forever

NETFLIX is looking to begin producing live programming for the first time in a desperate bid to attract new subscribers.

The streaming giant is reportedly looking for live specials for unscripted shows and stand-up performances.

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This could allow the platform to add live voting as well.

Live reunions for shows like Selling Sunset could also work.

According to Deadline sources, the idea is still in the early days of testing.

It all comes after Netflix announced earlier this year that it lost more subscribers than it gained for the first time in a decade.

So the company is under pressure to find new ways to reach more viewers.

The Stranger Things maker also plans to ban password sharing on the platform to curb leaks.

It’s believed that 100 million accounts are shared with people outside of their household — something Netflix bosses have long turned a blind eye to.

Another plan is to introduce advertising on Netflix for the first time.

This would allow users to access the entire catalog of the service at a reduced price.

Ads could appear as early as October.

A number of big-budget projects were also scrapped to save money.

Meghan Markle’s Pearl animated series was among the victims.

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