Amazon Prime Video throws shade at Netflix for new password-sharing guidelines

parksanim

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May 4, 2023
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They're about to find out just how many people will continue to pay for their boring movie formulas. Here in South Korea, there are entire websites set up to help you find a trustable account-sharing partner. Most of the country shares passwords 2 or 3 ways. Netflix investors had better get ready for the pain. Better dump it now.
 

VeroHumanist

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May 28, 2023
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I don't know whether password sharing is cutting into their profits but I know that anytime I have shared a password (typically with grandchildren) in cases where I would not ever pay for an extra account. I think of kids away at college or my son in law traveling. The Netflix "rules" are irrational.
 

EdwardMatthew

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Jun 14, 2023
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I don't know whether password sharing is cutting into their profits but I know that anytime I have shared a password (typically with grandchildren) in cases where I would not ever pay for an extra account. I think of kids away at college or my son in law traveling. The Netflix "rules" are irrational.
It was reported that Netflix made decent profits in Q2 2023. Their stock price closed at $475 on July 18, which is its all-time high price. Netflix stock prices were between $300-$345 in Q1, which improved significantly in Q2. The password-sharing crackdown was countered with Netflix's new feature of profile sharing.
Now a Netflix user can migrate his/her profile to another account with a single click.