In direct connection with its password-sharing crackdown, Netflix subscriptions have risen. The streaming giant gained more new subscriptions from May 25 to May 28 than it had in any other four-day span since Antenna began compiling data in 2019. Netflix began putting an end to people sharing account passwords, which it estimated that more than 100 million people worldwide were doing. - The company made users that share an account outside the prior account holder's home pay $7.99 per month to use the service.
- It also limited the amount of users customers could add to their accounts.
- The monthly cost of sharing an account with an extra person is $2 less than opening up your own account.
- Shares of Netflix have risen 13% since the password-sharing crackdown began on May 23.
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