When Netflix first pivoted from offering reruns and old movies to producing its own content, the company was a prestige play. In many ways, the company followed the lead of Warner Bros. Discovery's HBO, a cable giant which focused on quality. HBO was never a volume play. Read More...
TheStreet.com
Netflix Planning to Crack Down on Common Trick Subscribers Use
Netflix said it is planning to step up its crackdown on password sharing, which has cost the streaming service provider billions in revenue each year. “Today’s widespread account sharing (100M plus households) undermines our long-term ability to invest in and improve Netflix, as well as build our businesses,” the company said. “While our terms of use limit use of Netflix to a household, we recognize this is a change from members who share their account more broadly.”
