Connect with us

Hi, what are you looking for?

TheFinanceMemories.comTheFinanceMemories.com

Tech News

Netflix might ruin password sharing for everyone

Netflix logo illustration
Illustration by Nick Barclay / The Verge

Netflix is betting that a password-sharing crackdown will reverse its dwindling revenue and wavering subscriber count. The company has historically never enforced its policy of one account per household. Now, by making members pay to share their subscriptions with people who live in other homes, Netflix will cash in on all those users they’ve been missing out on for all these years, right?

Well, it might not be that simple.

Netflix — where co-founder and now-former CEO Reed Hastings once said “password sharing is something you have to learn to live with” — told investors last year that password sharing contributed to the streamer’s first loss in subscribers in over a decade. After months of testing throughout Latin and Central America, N…

Continue reading…

You May Also Like

Editor's Pick

David Boaz A new study by the Indian newspaper The Print, based on data from The Economist Intelligence Unit’s Democracy Index 2022, finds that...

Editor's Pick

Marc Joffe Federal, state, and local governments are being called upon to support struggling transit agencies to meet climate change goals. But spending money...

Politics

President Joe Biden on Tuesday falsely claimed it’s illegal to own a flamethrower while delivering remarks on jobs and the economy, which veered into weapons...

Editor's Pick

Because this series is about the New Deal’s contributions to economic recovery, it’s essential that we recognize the difference, as Roosevelt himself did, between...