"Netflix Users Cancel Accounts Amid Password Sharing Ban: 'The Divorce Is Final'" - NY Post
Portfolio Pulse from Happy Mohamed
Netflix has started rolling out its solution to ban password sharing, leading to users threatening to cancel their subscriptions. Subscribers who shared accounts now have to transfer their profile to a new membership or add an extra member for an additional $7.99 monthly fee.
May 25, 2023 | 5:45 pm
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Netflix's password sharing ban has led to users threatening to cancel their subscriptions, potentially impacting the company's revenue and stock price.
Netflix's decision to ban password sharing and charge additional fees for extra members has led to user backlash and threats to cancel subscriptions. This could result in a decrease in the number of subscribers, negatively impacting the company's revenue and stock price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100