Netflix's crackdown on password-sharing likely boosted subscribers by about 6 million in the third quarter and the streaming pioneer is expected to set the stage for price increases when it reports earnings on Wednesday.

Netflix may hike prices after success of password-sharing crackdown::Netflix’s crackdown on password-sharing likely boosted subscribers by about 6 million in the third quarter and the streaming pioneer is expected to set the stage for price increases when it reports earnings on Wednesday.

  • AlmightySnoo 🐢🇮🇱🇺🇦@lemmy.worldEnglish
    48·
    1 year ago

    Wait, so their excuse for hiking prices before was that they were losing money because people were sharing their accounts, so they “had to” hike the prices for those who subscribed to “compensate” for that. Now that they succeeded in their crackdown on password-sharing, which means more subscribers in theory, they figured that they still need to hike prices again? Someone please show me the logic here?