In its most recent financial report, Netflix disclosed fresh information regarding its password-sharing changes.
Global Subscribers
The crackdown on password sharing by Netflix has resulted in a 5.9 million rise in global subscribers, with 1.17 million of them coming from the US and Canada. Considering that revenue is now higher in each location, the corporation aims to handle password sharing in all remaining nations.
Despite a $1.5 billion increase in content spending because of the Hollywood writers and actors strike, Netflix anticipates $5 billion in free cash flow for 2023.
