Netflix's crackdown on password sharing appears to be working
The Antenna report goes into detail on how many users have been signing up to Netflix on a monthly basis since 2019. With the exception of the start of COVID lockdowns in 2020, numbers have been steady at approximately 30k users per month. However, since the alerts began, Antenna claims Netflix saw its four single-largest days of US user sign-ups to date.
During the period of May 26 and May 27, Antenna claims that approximately 73k users signed up to the streaming platform on average, which is a 102% increase from the 60 days previous. Cancelations have also increased unsurprisingly but when comparing the number of sign-ups to losses, the total gain is still a net positive at 25.6%.
The new plan makesNetflix users who have people outside their household pay $7.99 per additional member. Antenna's data shows that even though this was an unpopular move by Netflix, it is looking to be a profitable one. So far, Netflix has not made any official announcements on its subscriber numbers since it began the new password sharing fee.
What the data doesn't show is how many of these new sign-ups are extra members compared to those who are individual new memberships. With the Extra Member cost being the same price as its Standard with Adverts plan, and with the Basic plan costing only slightly more, it isn't clear which option users are choosing when they are no longer allowed to use their friend or family's account.
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Source: https://www.neowin.net/news/netflixs-crackdown-on-password-sharing-appears-to-be-working/
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LukeGPosted:
Runts I mean it pry will work for a bit but they always go to crap and people will cancel their sub then. Right now they have some good movies but it's rare
Yeah i agree it's a bad move
LukeGPosted:
TCAR Netflix movie selection is lacking at the moment
I never go on the movies I have a dodgy app with everything on it
LukeGPosted:
CalicoReidso no it isn't, it's just that netflix content has became shit, a lot of people are nt bothering with it LMAO
I still use it and watch it I'm always on it but I just watch the same shows over again
ReidsoPosted:
no it isn't, it's just that netflix content has became shit, a lot of people are nt bothering with it LMAO
RuntsPosted:
I mean it pry will work for a bit but they always go to crap and people will cancel their sub then. Right now they have some good movies but it's rare
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