Netflix is currently cracking down on multiple households sharing their passwords on a single account, but only in some markets. Following its latest financial report that showed a decrease in paying subscribers and sent the stock tanking some 35%, the company pledged to go after all of its subscribers doing this. And there is no shortage of those, to be honest.
According to Netflix, around 100 million households share passwords. All of those are a missed opportunity and the company argues that this is the root cause of this quarter’s decline in paid subscribers. According to its…
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