this post was submitted on 10 Aug 2023
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"Surely all the people who share subscriptions because they can't all afford 25 streaming services will each get their own accounts if we block password sharing, as opposed to just not using our services any more!"
That was what people said and then did the opposite.
"Netflix added 5.9 million new subscribers in the last three months – almost three times as many as analysts expected – after clamping down on households that were sharing their passwords."
Source: https://www.theguardian.com/media/2023/jul/19/netflix-subscriber-growth-password-sharing
Aren’t those numbers for other territories where they have cheaper plans and no crackdown on sharing?
The number are for total users. And the password-sharing changes are now global as far as I know.
Where are the separate numbers just for North America? Do they release those? Or do they just mix it all together to obfuscate what happened after the last price raise?
Netflix Second Quarter 2023 Earnings
https://s22.q4cdn.com/959853165/files/doc_financials/2023/q2/FINAL-Q2-23-Shareholder-Letter.pdf