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    Netflix adds better-than-expected 5.9 million subscribers amid password-sharing crackdown

    Netflix saw a significant boost in new customers, thanks to its crackdown on password-sharing in more than 100 countries including the U.S., as well as its advertising-supported tier. The Los Gatos-based streamer added 5.89 million subscribers in the second quarter, after pressuring non-paying users to sign up for their own plans or risk losing access to their favorite Netflix shows and films. ...
    by Wendy Lee, Los Angeles Times Jul 19, 2023 3 minutes
    Left to right, Arsema Thomas as Young Agatha Danbury and Katie Brayben as Vivian Ledger in "Queen Charlotte: A Bridgerton Story."

    Netflix saw a significant boost in new customers, thanks to its crackdown on password-sharing in more than 100 countries including the U.S., as well as its advertising-supported tier.

    The Los Gatos-based streamer added 5.89 million subscribers in the second quarter, after pressuring non-paying users to sign up for their own plans or risk losing access to their favorite Netflix shows and films. The boost exceeded analysts’ expectations of 1.81 million additional subscribers, according to FactSet.

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