Sharing your Netflix password with people who are not in your household? Your days may be numbered. Netflix said it will roll out plans globally to “monetize” account sharing early next year.
they didn’t do anything about it until earlier this year when the company reported its first year-over-year decline in subscribers.With growing competition in streaming services, Netflix can’t afford to ignore the issue. It’s focusing on adding subscribers and making more money from the subscribers it already has.
The company added 2.4 million new subscribers in the September quarter, more than expected, according to quarterly earnings released Tuesday.Netflix says it expects to add 4.5 million new subscribers in the fourth quarter, also down from a year ago when it added 8.3 million new subscribers.
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