We may assign or transfer our agreement with you including our associated rights and obligations at any time and you agree to cooperate with us in connection with such an assignment or transfer.
This clause means that if Netflix is acquired, merges, or restructures, your subscription contract — and all the data and rights associated with it — can be transferred to a new entity without your explicit consent at the time of transfer.
Netflix's Terms of Use bind subscribers to non-refundable billing cycles, automatic charges to backup payment methods, and a class action waiver that limits how legal disputes can be brought. Users who cancel mid-cycle will lose the remaining days of their paid period with no credit or refund. You can cancel your membership at any time by visiting the Account page on netflix.com before your billing date to avoid being charged for the next cycle.