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Netflix Gains Six Million Subscribers After Password Sharing Crackdown
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this is it. Might have paid off short term for Netflix but at some point this model breaks.
Uhhh… I didn’t post that 🤣
You're making the assumption that people subscribe to all those services at the same time. But they don't. People subscribe to an average of 2.8 services at a time.
That is less than what a cable TV sub costs. Even 6 concurrent streaming services is less than what cable TV costs.
Streaming Trends for 2025: 44% Report Streaming Costs Increasing Over the Last Year
In an age where the digital world is our primary source of entertainment, the streaming service market is more competitive and complex than ever. Consumers find themselves at a crossroads, navigating between an ever-growing selection of platforms, each vying for their attention and subscription doll
www.forbes.com
According to the survey findings, the average person subscribes to 2.8 streaming services—with nearly 10% paying for more than five streaming services at any given time.
Convenience wins out over principle. Always. It shouldn’t be like that, but it is.
I’m convinced lots of people—faced with the prospect of losing their stories—probably just decided, “eh, I got it so free/cheap for so long, I can put the $15 on my credit card and not think about it again.”
It's not about fudging numbers as much as hiding real details within the numbers. They don't break down the subscription tiers which means they didn't reveal how many thousands (millions?) of customers like me downgraded from the premium tier to the standard tier since we don't need as many slots now because we cannot share the account. Companies always lead with the biggest numbers because that gets the attention. But those numbers never directly correlate to better revenues, profits or customer loyalty.
Why do you think Netflix, Hulu, Disney+, et al can't do live streaming?
Amazon does it. YouTube does it. Netflix has done it.
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WSJ News Exclusive | Netflix to Enter Live-Streamed Sports With Celebrity Golf Event
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There is nothing prevent them from doing live streaming. Nothing.
Cable TV is only in business because its current viewers haven't died yet. It's a harsh truth but you will not find enough young and mid-lifers to support the cable business. Only old people still have cable because most don't want change but that change is coming for cable and elderly folks whether they want it or not.
Sadly, more than a few companies commit securities fraud daily, and many go unchecked.
Customer to Netflix: In an acronym, “VPN”.
Still sharing, parents use mine and live about 20 miles away 🤷♂️
Same here. My brother lives about 10 minutes away and we can still share one account. If they crack down on us, we'll cancel. No big deal.
But you can be sure they will… phasing the rollout is a smart way to do it just as T-Mobile phased out autopay discounts for credit cards over 8 or so months… as they say about slow boiling frogs… when the time comes for your account you probably won’t be as angry and will have begun to accept it as you’d been expecting for so long
Over 100 million households sharing and only 6 million new subscriptions means less than 6% of shared users came back. Maybe much less than 6% depending how many users each household was sharing with.
I just share my password with my stepmother across the US (Virginia to California). I've never heard anything from Netflix but will pay more if needed. Never deny 90 year olds the opportunity to enjoy things.
i pay 19 dollars for highest quality netflix plan, unlimited devices. I am quite content with the choices, in fact there is so much of content we can't view it all. Cancelled prime and apple tv plus.
Never had them and never see a reason will. Guess that does not get factor in those numbers.
I like you, but disagree with your view that people should be able to enjoy content for free. I get it, you're from Vegas and think all the world should be free (except for Vegas's insane rents and housing prices, and food prices, and tickets to a show, and money you lose at casinos, etc). Bottom line, Netflix offers content people are willing to pay for., for a whopping $19 a month. Get over it.
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Just because they got a ton of people paying the bare minimum for service when people like me cancelled my 12 year old 4K plan isn't exactly a win in the long run. That's how businesses do it. Hey we got 6 million new people to sign up! How many quit and what service level? No comment.
At the end of the day, $15-20/mo for unlimited entertainment is still a very good deal, regardless of whether it's Netflix or any other streaming provider. It used to be that you would pay $15 for a single DVD of a 2 hour movie.
It's $19 a month people. I spend twice that much on a rib dinner and beer twice a week. It's kinda amazing how people consider $19 for a good meal at a restaurant is fine, but then raise hell over paying that much for a huge amount of content over the course of a month.
The one year commitments are coming. They know many people jump from service to service once they kill sharing the 1 year lock-ins will begin.You're making the assumption that people subscribe to all those services at the same time. But they don't. People subscribe to an average of 2.8 services at a time.
That is less than what a cable TV sub costs. Even 6 concurrent streaming services is less than what cable TV costs.
Streaming Trends for 2025: 44% Report Streaming Costs Increasing Over the Last Year
In an age where the digital world is our primary source of entertainment, the streaming service market is more competitive and complex than ever. Consumers find themselves at a crossroads, navigating between an ever-growing selection of platforms, each vying for their attention and subscription doll
According to the survey findings, the average person subscribes to 2.8 streaming services—with nearly 10% paying for more than five streaming services at any given time.