Coverage dated July 18, 2023 to July 19, 2023

Netflix sees subscriber spike after password sharing crackdown

Headline from 13News Now Norfolk

📺 Netflix's crackdown on password sharing is paying off after adding 5.9 million subscribers from April to June.

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47 articles, oldest first.

Insider
Netflix says making it harder to share your password has boosted its business (opens Insider)
Published Jul 18, 2023
Insider's feed description
You might hate the policy that makes it harder to share your Netflix password. But the company says it's working: It added 5.9 million subscribers.
WHEC Rochester
Netflix's subscriber growth surges in a sign that crackdown on password sharing is paying off (opens WHEC Rochester)
Published Jul 18, 2023
WHEC Rochester's feed description
SAN FRANCISCO (AP) — Netflix enjoyed its biggest springtime spurt in subscribers since the early days of the pandemic three years ago, providing the latest sign that a recent crackdown on password sharing and the rollout of a cheaper subscription option are paying off.
Variety
Netflix Adds Nearly 6 Million Subscribers Amid Password Sharing Crackdown in Q2 (opens Variety)
Published Jul 18, 2023
Variety's feed description
Netflix reported its second-quarter 2023 earnings Wednesday, revealing its subscribers increased by 5.89 million in the quarter ended June 30. Analysts had projected the streamer gaining 1.769 mill…
KTVB Boise
Netflix's 2Q subscriber growth surges in a sign that crackdown on password sharing is paying off (opens KTVB Boise)
Published Jul 18, 2023
KTVB Boise's feed description
It's Netflix’s biggest spring — traditionally the company's slowest stretch of growth — since gaining 10 million subscribers during the early pandemic.
New York Post
Netflix adds 6M new subscribers in Q2 after password-sharing crackdown (opens New York Post)
Published Jul 18, 2023
New York Post's feed description
Revenue came in slightly below analyst predictions for April through June, as did Netflix’s projection for third-quarter revenue.
Wall Street Journal
Netflix Password-Sharing Crackdown Delivers Jolt of New Subscriber Growth (opens Wall Street Journal)
Published Jul 18, 2023
Wall Street Journal's feed description
The streaming giant says the Hollywood strikes will lead to less content spending and increased free cash flow this year.
The Hollywood Reporter
Netflix Says Password-Sharing Crackdown Is Working: “Cancel Reaction Was Low” (opens The Hollywood Reporter)
Published Jul 18, 2023
The Hollywood Reporter's feed description
Starting Thursday, the streaming giant says it will tackle account sharing in “almost all” of the remaining countries, which include Indonesia, Croatia, Kenya and India.
The Guardian
Netflix gains more new subscribers than expected following password-sharing crackdown (opens The Guardian)
Published Jul 18, 2023
The Guardian's feed description
Streaming giant added 5.9 million new subscribers in last three months after clamping down on users sharing accounts
Engadget
Netflix added nearly 6 million new subscribers amid password sharing crackdown (opens Engadget)
Published Jul 18, 2023
Engadget's feed description
Netflix reported substantial growth in subscribers in the months following its push to stop users from sharing accounts with people outside of their household..
CNN
Netflix adds nearly 6 million paid subscribers amid password sharing crackdown (opens CNN)
Published Jul 18, 2023
CNN's feed description
Netflix’s crackdown on password sharing appears to be paying off.
The Hollywood Reporter
Netflix Reports Blockbuster Earnings, as Password-Sharing Crackdown Leads to 5.9M New Subscribers (opens The Hollywood Reporter)
Published Jul 18, 2023
The Hollywood Reporter's feed description
The company began executing its "paid sharing" strategy in the U.S. last quarter.
13News Now Norfolk
Netflix sees subscriber spike after password sharing crackdown (opens 13News Now Norfolk)
Published Jul 19, 2023
13News Now Norfolk's feed description
📺 Netflix's crackdown on password sharing is paying off after adding 5.9 million subscribers from April to June.
Digital Trends
Netflix crackdown on password sharing boosts sign-ups (opens Digital Trends)
Published Jul 19, 2023
Digital Trends's feed description
Netflix has revealed that its decision to move against account sharing has led to more people than expected switching to a full membership.
CNET
Netflix Added 7.6M Accounts In Last Six Months Amid Password-Sharing Crackdown (opens CNET)
Published Jul 19, 2023
CNET's feed description
Password sharing charges were introduced in the US in May.
Deutsche Welle
Netflix adds 6 million subscribers after password crackdown – DW (opens Deutsche Welle)
Published Jul 19, 2023
Deutsche Welle's feed description
Earlier in 2023, Netflix launched its strategy to block viewers from sharing passwords in a bid to bring in more money. With nearly 6 million new subscribers, the bet seems to have paid off.
FOX Business
Netflix subscribers surge in second quarter despite password sharing crackdown (opens FOX Business)
Published Jul 19, 2023
FOX Business's feed description
Netflix's second-quarter earnings released on Wednesday revealed the streaming service's decision to block password sharing and offer different membership plans paid off.
Forbes
Netflix Reveals New Password Sharing Data And Drops Cheapest Plan (opens Forbes)
Published Jul 19, 2023
Forbes's feed description
Netflix has declared its password sharing crackdown a success and has dropped its basic plan in a bid to gain customers and boost revenue.
NBC Chicago
Netflix's password-sharing crackdown pays off as subscriptions soar (opens NBC Chicago)
Published Jul 19, 2023
NBC Chicago's feed description
The video streaming service added 5.9 million subscribers during the April-June period.
Investopedia
Netflix's Password-Sharing Crackdown and Lower-Price Plan Drive Subscription Surge (opens Investopedia)
Published Jul 19, 2023
Investopedia's feed description
Netflix shares fell in extended trading after reporting modest earnings and revenue growth as subscribers surged amid the company's crackdown on password sharing and the continued rollout of its new lower-priced subscription tier.
The Conversation US
Netflix is gaining subscribers again – but here’s how it can succeed once people stop signing up (opens The Conversation US)
Published Jul 19, 2023
The Conversation US's feed description
Netflix’s different subscription packages are designed to increase profits, while it keeps users engaged with a steady flow of new content devised via its algorithm.
Forbes
The Good News And The Bad News About Netflix’s Password Sharing Crackdown (opens Forbes)
Published Jul 19, 2023
Forbes's feed description
For many years, Netflix took a live-and-let-live approach to password sharing.
Adweek
Netflix's Subscriber Adds Aren't Good for Password Sharers (opens Adweek)
Published Jul 19, 2023
Adweek's feed description
The company added 5.9 million new paying customers.
Fortune
Netflix’s crackdown on password sharing was a gamble that paid off. Now it’s entering its final phase (opens Fortune)
Published Jul 19, 2023
Fortune's feed description
The company is now extending the crackdown to all its markets.
Al Jazeera
Netflix’s subscribers surge after password-sharing crackdown (opens Al Jazeera)
Published Jul 19, 2023
Al Jazeera's feed description
Streaming giant says it added nearly 6 million customers after restricting the sharing of accounts between households.
Insider
Netflix is trumpeting its password crackdown – but tougher times lie ahead for the streaming pioneer (opens Insider)
Published Jul 19, 2023
Insider's feed description
Netflix added 6 million subscribers in the second quarter, but its revenue still fell short of analysts' projections.

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