Netflix Password-Sharing Crackdown Delivers Jolt of New Subscriber Growth

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Netflix Password-Sharing Crackdown Delivers Jolt of New Subscriber Growth
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Netflix’s global password-sharing crackdown delivered robust subscriber growth in the second quarter, as people who are no longer able to share the service free opted to pay for their own accounts

July 19, 2023 4:00 pm ETNetflix’s ‘Never Have I Ever’ series; the continuing Hollywood writers and actors strikes mean Netflix is poised to spend less on content this year.

global password-sharing crackdown delivered robust subscriber growth in the second quarter, a boon for the company as its rivals struggle with flagging TV businesses and costly pivots to streaming.Continue reading your article with

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Netflix Reports Blockbuster Earnings, as Password-Sharing Crackdown Leads to 5.9M New SubscribersNetflix Reports Blockbuster Earnings, as Password-Sharing Crackdown Leads to 5.9M New SubscribersThe company began executing its 'paid sharing' strategy in the U.S. last quarter.
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Netflix Q2 Earnings Preview: Analysts Expect Windfall From Password-Sharing CrackdownNetflix Q2 Earnings Preview: Analysts Expect Windfall From Password-Sharing CrackdownNetflix’s move to start broadly monetizing password-sharing users — after years of tacitly allowing the practice with a wink and a nod — could help the streamer beat Q2 2023 earnings targets.
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Netflix in sweet spot despite Hollywood strikeNetflix in sweet spot despite Hollywood strikeNetflix is poised to release its second-quarter earnings Wednesday, with Wall Street analysts boosting their price targets for its stock amid the company's password-sharing crackdown.
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Netflix Adds 5.9M Subscribers In Q2, More Than Doubling Expectations; Password Sharing Plan Expanding To Most Of The WorldNetflix Adds 5.9M Subscribers In Q2, More Than Doubling Expectations; Password Sharing Plan Expanding To Most Of The WorldNetflix added 5.9 million global subscribers, reaching 238.3 million, with password sharing pushing subscribers to the months-old $7-a-month plan with advertising. Earnings per share of $3.29 excee…
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