Netflix may clamp down on password sharing. Here’s what that means ...Egypt

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Netflix may clamp down on password sharing. Here’s what that means
source : EGYPT INDEPENDENT ( Egypt ) () 37
New York (CNN Business) – Netflix shares plunged this week after the platform reported its first subscriber loss in more than a decade. One factor the company pointed to as hurting revenue: widespread password sharing. Does this mean the streamer is about to kick millions of viewers off shared accounts? Not quite. But it could mean that Netflix subscribers around the world may have to pony up to keep their kids, friends or colleagues on their accounts. For years, Netflix (NFLX) has allowed subscribers to share their passwords with little interference. In fact, the service admitted in its letter to investors Tuesday that the policy likely helped fuel its growth by “getting more people using a

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