Crackdown On Password Sharing, Netflix Added Over 7.6 Million Paid Memberships
Written by Tariq on July 21, 2023
Netflix has added over 7.6 million paid memberships globally in the six months ended June 30, accoording to earnings report. The additions came from 1.275 million new accounts in the US and Canada, just over 3 million in Europe, the Middle East and Africa, 767,000 in Latin America and 2.523 million in Asia-Pacific. The password-sharing crackdown appears to have had a significant impact in the US and Canada. In the three months from January to March, Netflix only gained 102,000 new accounts. But between April and June — the extra charge was introduced in May — Netflix saw 1.173 million new accounts added.
Netflix also announced it’s ending the cheapest subscription for new signups, removing its basic ad-free option in the US and the UK unless you already have it. Netflix phased out the ad-free version in Canada last month.