A sharp drop in subscribers has Netflix considering changes it has long resisted: Minimizing password sharing and creating a low-cost subscription supported by advertising.
SAN FRANCISCO — An unexpectedly sharp drop in subscribers has Netflix considering changes it has long resisted: Streaming service Netflix is dealing with a sharp drop in subscribers by considering changes to its service that it has long resistedThe company says it will try to minimize password sharing and consider creating a low-cost subscription supported by advertisingLooming changes announced late Tuesday are designed to help Netflix regain momentum lost over the past year.
The steep erosion, which follows a year of progressively slower growth, has given Netflix investors major jitters. The company's stock was down as much as 37% midday Wednesday. If the stock closes at this level, the selloff will have wiped out nearly two-thirds of Netflix’s market value since the end of last year, erasing $170 billion in shareholder wealth in less than four months.
“We would keep Netflix and pay for the four in our family, even if it was more," he said. "We love the service and what it offers.”watching its service for free
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Netflix aims to curtail password sharing, considers adsAn unexpectedly sharp drop in subscribers has Netflix considering changes it has long resisted: Minimizing password sharing and creating a low-cost subscription supported by advertising.
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Netflix considers adding advertisements, aims to curtail password sharingAn unexpectedly sharp drop in subscribers has Netflix considering changes it has long resisted.
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Netflix aims to curtail password sharing - and bring in adsAn unexpectedly sharp drop in subscribers has Netflix considering changes to its service that it has long resisted: minimizing password sharing and creating a low-cost subscription supported by advertising.
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