Netflix begins UK crackdown on password sharing
Netflix has started its long-promised crackdown on password sharing in major markets including the UK and the US.
The company previously warned investors there would be cancellations as it expands its programme, but said: "Longer term, paid sharing will ensure a bigger revenue base from which we can grow as we improve our service". The company wants to tap into this audience to make more money, as its subscriber growth slows and increased competition challenges its dominance of the streaming market.
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