Netflix's streaming woes are about more than password sharing
Posted: Sun Apr 24, 2022 6:06 pm
If Netflix wanted to "solve" password sharing and add advertisements, it shouldn't have waited until things were at their worst.
Netflix lost subscribers in Q1 2022 for the first time in over a decade, while predicting it would lose 2 million more by June thanks to its crackdown on password sharing. And Wall Street ran screaming. According to CNBC, Netflix's stock plummeted 35%, losing the brand $50 billion in value.
What's truly to blame for the Netflix exodus though?[...] Continue reading @ androidcentral.com
First Seen in Android News @ 24/7 TVStreamin Headline News
Netflix lost subscribers in Q1 2022 for the first time in over a decade, while predicting it would lose 2 million more by June thanks to its crackdown on password sharing. And Wall Street ran screaming. According to CNBC, Netflix's stock plummeted 35%, losing the brand $50 billion in value.
What's truly to blame for the Netflix exodus though?[...] Continue reading @ androidcentral.com
First Seen in Android News @ 24/7 TVStreamin Headline News