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[ad_1] Netflix has revealed that it has put an end to password sharing in India. The new Netflix policy states that only members within a household will be granted access to a single Netflix account. This measure comes as part of a global crackdown initiated in May, targeting users who share their passwords with individuals beyond their immediate family. The streaming giant aims to strengthen its revenue stream following a challenging period last year.The company clarified that all individuals residing in the same household can now utilise Netflix, regardless of their location. Whether at home, on the move, or even on vacation, they can take full advantage of new features like "Transfer Profile" and "Manage Access and Devices," making the streaming experience more convenient for users. ...

[ad_1] Netflix on Wednesday said subscriptions to the media streaming service climbed by nearly 6 million in the wake of its crackdown on password sharing. The streaming giant finished the recently ended quarter with a total of 238 million subscribers and a profit of $1.5 billion, according to an earnings release. The pickup in subscribers came as a potentially crippling writers and actors strike hits the US entertainment industry, but with analysts saying Netflix is better positioned than its rivals to weather the storm. "We are constantly at the table negotiating with everyone across the industry," Netflix co-chief executive Ted Sarandos said during an earnings presentation. "We need to get to this strike to a conclusion so that we can all move forward." Revenue came in lower than e...