Netflix recently crack-down their households sharing and their passwords on a single account only in some markets. Its financial report truly shows that, almost 35% subscribers of its doing this. Almost 100 million households share passwords. All of the users misused this and the company claimed that this is the main reason for falls down.
The company also thinks that almost 2,00,000 users will be left this platform and join one of the password-sharing accounts. Most of them will use it for occasional viewing and share passwords daily basis. That’s why some of the accounts won’t be monetized. But the streaming service will surely try to crack down on those, that systematically break its terms of service.
The company thinks that they are going to lose almost 2 million subscribers next few months. But subscribers will grow up almost the last half of 2022.