Netflix Gains Nearly 6 Million New Subscribers Amidst Password Sharing Crackdown

Netflix Gains Nearly 6 Million New Subscribers Amidst Password Sharing Crackdown

Netflix’s efforts to combat password sharing are proving successful, as the streaming giant reported a significant surge in subscribers following its crackdown on account sharing beyond household members. During the second quarter of 2023, the company added nearly 6 million paying subscribers, representing an impressive 8% increase, confirming the effectiveness of their measures.