this post was submitted on 10 Aug 2023

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After Netflix, Disney is cracking down on password sharing (techcrunch.com)

submitted 1 year ago by BrikoX@lemmy.zip to c/worldnews@lemmy.ml

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[–] BrikoX@lemmy.zip 4 points 1 year ago

Netflix Second Quarter 2023 Earnings
https://s22.q4cdn.com/959853165/files/doc_financials/2023/q2/FINAL-Q2-23-Shareholder-Letter.pdf

Summary:

In May, we successfully launched paid sharing in 100+ countries, representing more than 80% of our revenue base.

Revenue in each region is now higher than pre-launch, with sign-ups already exceeding cancellations.

Paid net additions were 5.9M in Q2, and today we’re rolling out paid sharing to almost all of the remaining countries.