Crackdown On Password Sharing Bears Fruit As Netflix Registers Surging Revenues, New Subscribers

7/25/2024 2:19:32 PM

(MENAFN- Investor Brand Network) Video streaming services pioneer Netflix has seen its subscriber and earnings
growth surge
in the second quarter of 2024 amid a popular lineup of programs, forays into advertising and its controversial crackdown on password sharing among users. The recently released numbers show a company steadily gaining momentum after it
lost a notable number
of subscribers through the first two quarters of 2022 before pivoting its business strategy.

Data shows that Netflix gained eight million subscribers between April 2024 to June 2024, representing a 37% year-over-year increase and marking the...

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