2023-07-24 09:36
Netflix's password sharing crackdown to hit Korea
Netflix's headquarters in Hollywood, California [AFP/YONHAP] Netflix's crackdown on password sharing is making its way toward Korea, with a growth in both revenue and subscriber numbers that the streaming giant credited to the rollout of paid sharing that kickstarted this year. "We expect revenue growth will accelerate in the second half of 2023 as monetization grows from our most recent paid sharing launch and we expand our initiative across nearly all remaining countries," Netflix said in its shareholder letter last Wednesday.

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