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Sign Ups

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Netflix gains subscribers after cracking down on password sharing.
business2 years ago

Netflix gains subscribers after cracking down on password sharing.

Daily sign-ups for Netflix in the US have surged since the streaming giant's password-sharing crackdown came into effect on May 23, according to data from research firm Antenna. Netflix's new rules allow US users to add a member outside of their homes for an additional fee of $8 per month. The company recorded nearly 100,000 daily sign-ups on both May 26 and May 27, exceeding levels seen during the initial US COVID-19 lockdowns in March and April 2020. The recent spike also exceeded the company's four largest days of US user acquisition in the 4-1/2 years that Antenna has been covering the company.

Netflix's password sharing crackdown boosts subscriber numbers.
business2 years ago

Netflix's password sharing crackdown boosts subscriber numbers.

Netflix's crackdown on password sharing has led to a significant increase in account sign-ups, according to data from analytics firm Antenna. The company saw the four biggest days of US sign-ups in the four and a half years it has tracked this data, with an average of 73,000 new memberships during each of the four days. While account cancellations also rose in that period, sign-ups far outpaced those figures. Netflix started cracking down on account sharing on a trial basis in Latin America before implementing the new rules in several other regions.

Netflix's Subscriber Numbers Surge After Password-Sharing Crackdown
business2 years ago

Netflix's Subscriber Numbers Surge After Password-Sharing Crackdown

Netflix has seen a surge in sign-ups since it announced its plan to curb password sharing. Analytics firm Antenna reported that Netflix had nearly 100k daily sign-ups on May 26 and May 27, with an average of 73k daily sign-ups during the period. The crackdown on password sharing has helped buoy Netflix's stock, which has been a standout in the media space, as billions of dollars of revenue are at stake.