Netflix subscriptions rise as password-sharing crackdown takes effect
3 years ago by mcribgaming to c/streamingnow
It's early days, but the number of people signing up for new Netflix accounts seems to be outnumbering the ones quitting due to the policy change.
Netflix stock has been on a roll too, hitting a 52 week high recently. Surprisingly, the Ad supported tier of Netflix seems to be driving revenue higher than I'd anticipated.
@lemmy.world
A place to discuss all topics involving streaming, including streaming shows and movies, hardware (TVs, Streaming Sticks, NAS systems, Game Streaming hardware and software), Services (Netflix, Disney+, MAX, Paramount+, Plex, Jellyfin, PS Now, SteamLink, etc)., Streaming Wars and Entertainment Business News, Streaming Games technology and services, Reviews of streaming shows and movies, and even Usenet, and BitTorrenting.
If it has anything to do with Streaming Entertainment, it's welcomed here.
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@lemmy.world
A place to discuss all topics involving streaming, including streaming shows and movies, hardware (TVs, Streaming Sticks, NAS systems, Game Streaming hardware and software), Services (Netflix, Disney+, MAX, Paramount+, Plex, Jellyfin, PS Now, SteamLink, etc)., Streaming Wars and Entertainment Business News, Streaming Games technology and services, Reviews of streaming shows and movies, and even Usenet, and BitTorrenting.
If it has anything to do with Streaming Entertainment, it's welcomed here.
go to feed...
This isn't a huge surprise, I guess. A company of that size wouldn't make that move without having done some research into whether it will be profitable or not. Would have been nice to see an increase in competition though.
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