Netflix Reveals Plans To Send A Warning Email To Password Sharers In This Asian Country
Portfolio Pulse from Shomik Sen Bhattacharjee
Netflix Inc (NASDAQ:NFLX) plans to tackle password sharing in India by sending warning emails to customers, emphasizing that their accounts should be used only within one household. The company has already implemented password-sharing restrictions in over 100 countries. Netflix also offers an option for paying customers to add an extra member from outside their household for an additional monthly fee.
July 20, 2023 | 7:15 am
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Netflix's move to tackle password sharing in India could potentially increase its revenue by ensuring that each household has its own subscription. However, it could also lead to customer dissatisfaction and potential loss of subscribers who are unwilling to comply with the new rules.
Netflix's decision to tackle password sharing could potentially increase its revenue by ensuring that each household has its own subscription. However, this move could also lead to customer dissatisfaction and potential loss of subscribers who are unwilling to comply with the new rules. The impact on the stock price is uncertain as it depends on how customers react to these changes.
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