HT202213 I want to move my iTunes account on my macbook and my wife's iTunes accounts(PC) onto a network hard drive and share the music files, can anyone help?

help

Changing the setting as to where to store media will indeed put the media files (but not the rest of the iTunes library files) on the external drive as long as the user also selects to organize the media to the NAS.  If you don't do that, iTunes will only store new media there from that time on.
I would not recommend keeping only media on the NAS.  As I said, NAS can have issues with iTunes and some of the longest topics I have seen here are how to rebuild a library after for some reason the library file on the Mac computer has lost the link information to the media files stored on a NAS.  Some things such as date added, play count, and ratings are only stored in the library file and may be lost if you have to rebuild your library file.
I guess for me the only iTunes reason for having a NAS would be to do direct sharing of the library rather than having to use Home Sharing.  Direct sharing of the library intact requires placing all the iTunes files on the NAS. If you're going to do Home Sharing you might as well opt for a a cheaper, more stable, plain external hard drive.

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