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This week, James and Simon discuss whether it's right or wrong to share your online passwords for paid streaming services after news that Netflix may crack down those who share them. Netflix has hinted it will crack down on households sharing passwords as it seeks to sign up new members following a sharp fall in subscribers. The number of households using the streaming service fell by 200,000 in the first three months of the year as it faced stiff competition from rivals. It was also hit after it raised prices in some countries and left Russia. Netflix warned shareholders another two million subscribers were likely to leave in the three months to July. "Our revenue growth has slowed considerably," the firm told shareholders on Tuesday after publishing its first quarter results.
"Our relatively high household penetration - when including the large number of households sharing accounts - combined with competition, is creating revenue growth headwinds." The streaming giant estimates more than 100 million households watch the service for free using shared passwords.
CONTACT US:
Email - [email protected]
Twitter - @orpovpod
Intro and outro provided by Roxy!
By Nicki & Picky: Random RamblingsThis week, James and Simon discuss whether it's right or wrong to share your online passwords for paid streaming services after news that Netflix may crack down those who share them. Netflix has hinted it will crack down on households sharing passwords as it seeks to sign up new members following a sharp fall in subscribers. The number of households using the streaming service fell by 200,000 in the first three months of the year as it faced stiff competition from rivals. It was also hit after it raised prices in some countries and left Russia. Netflix warned shareholders another two million subscribers were likely to leave in the three months to July. "Our revenue growth has slowed considerably," the firm told shareholders on Tuesday after publishing its first quarter results.
"Our relatively high household penetration - when including the large number of households sharing accounts - combined with competition, is creating revenue growth headwinds." The streaming giant estimates more than 100 million households watch the service for free using shared passwords.
CONTACT US:
Email - [email protected]
Twitter - @orpovpod
Intro and outro provided by Roxy!