Netflix subscribers at record high, password crackdown coming
newscatcher
2023-04-19 04:30
Netflix subscribers at record high, password crackdown coming
SAN FRANCISCO -Netflix on Tuesday said that its number of subscribers hit a record high 232.5 million in the first quarter of the year and that its nascent ad-supported tier was faring well. The streaming television giant reported a quarterly profit of $1.3 billion, in line with expectations, but said it had delayed a broad crackdown on sharing of account passwords 'to improve the experience for members.' Netflix said it expects to begin rolling out its options for paid password sharing this quarter instead.

https://business.inquirer.net/396576/netflix-subscribers-at-record-high-password-crackdown-coming

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