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this post was submitted on 10 Jun 2023
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Technology
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I'm honestly sort of suspicious of this report. I wouldn't be surprised if the information is misrepresented or outright fabricated.
I am not really that surprised. I think a lot of people use netflix and just didn't get a sub, because why pay for something that is free. I think a lot of people used the same account then grew up, moved out, moved on and just kept using the same account. Now that they cannot, they are happy to pay for it. My wife and I have not been kicked off my parents account yet. I do not know how long it takes to kick in. But, once we do, we may subscribe again, but it is not a rush as we are watching a lot of disney plus at the moment.
Of course, I did figure that at least some folks would get their own, but the growth is much higher than I was expecting. It's also a death knell of sorts that will start a feeding frenzy for other streaming services I think though. In a few years, it may not be an option for ANY service to share passwords.
Yeah, someone on Tumblr has pointed out that the data does not actually support the headline here. The spike actually started just before the crackdown and immediately dropped.
It coulr be misleading, but outright lying here wouldn't be particularly useful since they have a duty to report truthfully on their finicial results.
E: nvm I just realized the source isn't Netflix themselves.
Yeah, it isn't from netflix themselves. And, even if it was, the consequences for lying are rarely ever greater than the benefit. If the stocks go up AT ALL because of them, someone's benefitting.