There is some risk, however. Netflix lost more than 1 million users in Spain in the first three months of 2023 after cracking down on password sharing in February, according to market research group Kantar. Netflix users, we think results bode well for traction of password restrictions," New Street Research said. New Street Research says its survey of paying and nonpaying Netflix users found that more than half – 54% – would pay for their own subscription if their access was yanked, 70% would choose a subscription that is not supported by advertising and 37% would pay extra for people who don't live in their household."While only a small sample of the broader population of U.S. Wells Fargo Securities says paid password sharing could be a bigger earnings opportunity for Netflix than people signing up for its ad-supported subscription. Moody's Investors Service says the password-sharing initiative could cause "short-term subscriber discontent and disruption but presents the company with a material revenue growth and margin expansion opportunity." subscribers from the initiative. Netflix accounted for 7.3% of total TV viewing in February 2023, according to Nielsen. “This is a way of getting folks who watch and enjoy Netflix to also contribute to the future of content,” Ted Sarandos, the co-CEO of Netflix, told the Toronto Star on April 6.Ĭowen senior research analyst John Blackledge estimates that Netflix could pick up 2.1 million new U.S. Now it’s looking to squeeze a few more bucks out of freeloaders. But it has changed its tune as subscriber growth slowed amid growing competition and a return to pre-pandemic viewing habits. The popular streaming service used to encourage sharing Netflix credentials with friends and extended family. It's not me, it's Netflix: With password sharing on the block, how to boot your friends Netflix password-sharing rules Who has your Netflix password? Check who's logging into your Netflix account and boot them Standard plans cost $15.49 a month and premium plans cost $20 a month. The monthly fee is less expensive than the basic ad-free plan, which is $10 a month, but more than the ad-supported plan, which is $7 a month. “Your Netflix account is for you and the people you live with – your household,” Netflix said in an email to U.S. Only people who live under the same roof can share accounts, the streaming company says. So you have two options: transfer your friends and family members mooching off your account to a new membership or share your Netflix account for an additional $8 monthly fee. Just months after enforcing new restrictions in Canada, Spain, Portugal and New Zealand, Netflix is rolling out account-sharing limits in the U.S. The Netflix password-sharing crackdown has officially begun in the United States.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |