: Is Netflix cracking down on password sharing? Here’s what you need to know if you share an account

by | Jul 18, 2022 | Stock Market

Coming soon to Netflix: password-sharing fees. While Netflix Inc. NFLX has 222 million subscribers, the company estimates that another 100 million people are using shared login information to watch the streaming service. And Netflix claims that this account-sharing is a significant factor in the company’s lack of recent user growth. It lost 200,000 subscribers in the first quarter of 2022 — the first time the streaming giant lost subscribers in over a decade. Netflix…

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