Netflix Password-Sharing Crackdown Won’t Feel Heavy Handed, Co-CEO Says

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Netflix Password-Sharing Crackdown Won’t Feel Heavy Handed, Co-CEO Says

Variety2021-04-21

Netflix wants people to pay their fair share to access its streaming service. But Reed Hastings promises that any crackdown on illicit password-sharing that the company decides to launch across its ...

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ENAHSHANE
·2021-04-21
Where is my coins
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Dan555
·2021-04-21
Leave a comment, i will reply!:)
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2
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- txinwei:
  Much appreciated thanks and look forward to response
  2021-04-21
  Reply
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CeeeKay
·2021-04-21
Not a wise move
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4
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- dandan_4896:
  i love u bb
  2021-04-21
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- Zhenghao:
  True
  2021-04-21
  Reply
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- Corn is Gold:
  Disney +
  2021-04-21
  Reply
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Shifeng
·2021-04-21
Disney + fight just begins?
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3
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- dandan_4896:
  i love u bb
  2021-04-21
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Anniet
·2021-04-21
More to drop???
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- KCNG:
  Wow
  2021-04-21
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- Anniet:
  lol
  2021-04-21
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同是天涯沦落人
·2021-04-21
Well, let’s see
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1
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- octa8:
  [强]
  2021-04-21
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- Darrs21:
  Comment back below thanks
  2021-04-21
  Reply
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KTX
·2021-04-21
Like and comment
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- Yugi:
  Comment back pls
  2021-04-21
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- KTX:
  Thanks
  2021-04-21
  Reply
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Werkohderkoh
·2021-04-21
[无语]
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BabySim
·2021-04-21
Nice
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- Yugi:
  Reply to comment pls.
  2021-04-21
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- Segaboy:
  Comment back pls
  2021-04-21
  Reply
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t145
·2021-04-21
it's about time they started to weed out the freeloaders
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Bazhang
·2021-04-21
Like and comment
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- Bliang:
  Comment
  2021-04-21
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- jizzjie:
  reply to my comment pls
  2021-04-21
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pinkishmin
·2021-04-21
Go netflix!
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- MasterStonkerReplying topinkishmin:
  ??
  2021-04-21
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- pinkishmin:
  good
  2021-04-21
  Reply
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- pinkishmin:
  good
  2021-04-21
  Reply
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Pyron
·2021-04-21
Challenging task for them to enforce
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- pinkishmin:
  good
  2021-04-21
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PengsieX
·2021-04-21
Get ready to lose customers
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ycwoo
·2021-04-21
Like
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- Nv:
  Ok
  2021-04-21
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MarsGuo
·2021-04-21
Netflix price will be under 500.
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- 宋仲鸡:
  低于450
  2021-04-21
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- ycwoo:
  agree
  2021-04-21
  Reply
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火星投资狼
·2021-04-21
[Happy] [Happy] [Happy]
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- Acella:
  ?
  2021-04-21
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- WinZ:
  [Smile]
  2021-04-21
  Reply
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sheldonkwek
·2021-04-21
X
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1
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- WinZ:
  [Smile][Smile]
  2021-04-21
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YWSee
·2021-04-21
Good
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1
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TJKE
·2021-04-21
Please like and comment
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- TJKEReplying tojizzjie:
  Okay
  2021-04-21
  Reply
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- jizzjie:
  reply to my comment pls
  2021-04-21
  Reply
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- JeremyEe:
  like and comment back pls
  2021-04-21
  Reply
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But Reed Hastings promises that any crackdown on illicit password-sharing that the company decides to launch across its ...</p>\n\n<a href=\"https://finance.yahoo.com/news/netflix-password-sharing-crackdown-won-231537522.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NFLX","symbol_name":"奈飞","start_time":0,"source_url":"https://finance.yahoo.com/news/netflix-password-sharing-crackdown-won-231537522.html","article_id":"2129825594","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2129825594","pubTimestamp":1618960537,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Netflix wants people to pay their fair share to access its streaming service. 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But Reed Hastings promises that any crackdown on illicit password-sharing that the company decides to launch across its global footprint won’t be done in an aggressive manner.\n“We’ll test many things, but we would never something roll out that feels like ‘turning the screws'” on people who enjoy the service, Hastings, Netflix’s co-CEO and co-founder, said on the company’s Q1 earnings interview Tuesday. “It’s gotta feel like it makes sense to consumers, that they understand.”\nTo date, Netflix hasn’t taken active steps to clamp down on password sharing aside from including specific restrictions in its terms of service, which spell out that any sharing of account credentials outside of the primary account holder’s household is prohibited.\nLast month, the company launched a new global test that displays a warning message to some users on connected TVs that says, “If you don’t live with the owner of this account, you need your own account to keep watching.” Users who see the prompt have the option of receiving an email or text verification code to authenticate the account, or they can click on a button that says “Verify Later.”\nWith the test, Netflix wants to make sure “that the people who are using a Netflix account — who are accessing it — are the ones that are authorized to do so, ” COO and chief product officer Greg Peters said in the video interview.\nThe company’s password-verification test follows the same framework as other Netflix trials, Peters said, in that it will be conducted “iteratively” and the results will inform how Netflix proceeds. He said there are “different ranges of behavior” by country in terms of password sharing.\n“We don’t really know… what the right place to land is, a priori,” Peters said about notifying freeloaders that they need to purchase their own accounts. The test is “mostly about letting that process unfold and letting our members speak to us about what the ideal model is.”\nFor the first quarter of 2021, Netflix fell short of expected streaming subscriber gains — adding about 4 million, compared with its previous 6 million forecast — while it topped Wall Street financial estimates.\nAs Netflix’s growth slows down, converting unauthorized password-borrowers into paying subs will become increasingly important. A recent Bank of America survey of 1,000 U.S. adults found that 26% of respondents shared passwords with another household — which technically is a violation of Netflix’s terms of service.\nAlso in the earnings interview, Hastings said that Netflix’s biggest competition right now is linear TV, followed by YouTube, while Disney Plus is “considerably smaller” than those two. 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