It's official: Netflix's password clampdown is proving successful, with the number of people quitting the service in protest vastly outnumbered by new sign ups. And that makes me feel like I'm waiting for another streaming shoe to drop: how long before more of the best streaming services follow suit and limit who you can include in your account?
Netflix's crackdown-powered financial results are very impressive, outperforming Wall Street's expectations with almost 6 million new subscribers in the last financial quarter. That's over 8% higher year on year. And according to Netflix, while "we’re still in the early stages of monetization, we’re seeing healthy conversion of borrower households into full paying Netflix memberships as well as the uptake of our extra member feature".
