DALLAS—Anyone wondering how much password sharing and other forms of piracy are costing the U.S. streaming industry now has an answer from Parks Associates. The research firm is reporting that by the end of 2027, there will be a cumulative loss to piracy of $113 billion for streaming video providers serving U.S. consumers.
While large streamers like Netflix are working to cut down password sharing, the international research firm's latest forecast also indicates that the problem is getting worse, not better.
