Tag: Netflix password

Netflix sign-ups jump as U.S. password sharing crackdown kicks off – data
Technology

Netflix sign-ups jump as U.S. password sharing crackdown kicks off – data

[ad_1] Daily U.S. sign-ups for Netflix have jumped in the first few days after the streaming giant's password-sharing crackdown came into effect on May 23, data from research firm Antenna showed.The news sent shares of the company up 2.3% to $418.92 in early trading. Looking for new ways to make money in a saturating market and a tough economy, Netflix moved to regulate the sharing of account passwords with friends and family - a drastic turnaround for a company that had once tweeted "Love is sharing a password". Netflix had estimated that more than a 100 million households had supplied their log-in credentials to people outside their homes. Under the new rules, U.S. users can add a member outside of their homes for an additional fee of $8 per month.Its calculations seem to have paid of...
Netflix’s Crackdown on Password Sharing Emboldens Stock Bulls
Technology

Netflix’s Crackdown on Password Sharing Emboldens Stock Bulls

[ad_1] In 2017, Netflix Inc. tweeted that “love is sharing a password.” In 2023, Wall Street loves that the company has changed its tune.The video-streaming giant is cracking down on the ability of its users to share subscriptions across locations, a move that analysts say could push millions of borrowers to spring for their own plans. This strategy, along with the debut of a lower-cost tier with advertising, could keep user growth robust, supporting an extended rebound in the stock. “There are millions of people on shared accounts, and if you get a few bucks per month out of even a small percentage of them, that creates a huge recurring revenue base that can supplement current growth,” said Jamie Lumley, senior analyst at Third Bridge, who sees the crackdown as a “huge opportunity” for...
Fun slayer! Netflix password sharing crackdown coming for you
Technology

Fun slayer! Netflix password sharing crackdown coming for you

[ad_1] Sharing your Netflix account password with others? You may be in trouble. The OTT platform is all set to roll out a new scheme and you will have to pay through your nose. Netflix is trying every possible way to end account password sharing without making subscribers to flee the platform! Last year, Netflix announced plans to launch a crackdown on password sharing, but the solution was not very tough on subscribers. Netflix has now confirmed that later in Q1, it will start rolling out paid sharing accounts, but it hasn't revealed the date. If that does happen, Netflix will start asking you to pay extra charges for sharing your Netflix account password with others. “Today's widespread account sharing (100M+ households) undermines our long-term ability to invest in and improve Net...