Netflix smashes Wall Street expectations as crackdown on password sharing helps streaming giant to gain 9 MILLION new subscribers


by dailym.ai

dailym.ai— Netflix announced its strongest start to the year since 2020 thanks to a crackdown on password sharing and the release of popular exclusive films and shows.

Daily Mail—Netflix's password-sharing crackdown pays off! Streaming platform gains 9.3 million customers -. Netflix's password-sharing crackdown appears to be paying off as the company added another 9 million subscribers in the first quarter of this year, bringing the total to almost 270 million paid accounts.

CP24—Netflix password sharing crackdown may have resulted in millions of new subscribers. Last year, Netflix made a particularly risky bet by pushing users who share passwords to create their own accounts — but it’s paid off. Netflix, the dominant player in streaming, added more than 9 million subscribers in the first three months of the year, hitting a record high of 269.6 million subscribers. “It added more subscribers than many analysts, myself included, expected,” said eMarketer senior analyst Ross Benes. “This signals that password sharing was even more common than...

ABC Columbia—Netflix cracked down on password sharing. The result? Millions of new subscribers. Netflix made some risky moves last year but it seems to have paid off.