Netflix gains subscribers with ads and password crackdown - News Summed Up

Netflix gains subscribers with ads and password crackdown


In May the Silicon Valley giant expanded its crackdown on users sharing passwords with people beyond their immediate family, as it seeks to shore up revenue. To convert non-paying users, Netflix has introduced "borrower" or "shared" accounts, in which subscribers can add extra viewers for a higher price, or transfer viewing profiles to new accounts. "We are incredibly and totally committed to ending this strike," Netflix co-chief executive Ted Serandos said during an earnings presentation. During the strike, Netflix said it was relying on productions ready for release and a large base of upcoming films and shows from around the world. Netflix cited popular shows including "One Piece," "Class Act" out of France, and "Guns & Gulaabs" from India.


Source: Bangladesh Sangbad Sangstha October 19, 2023 02:48 UTC



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