Netflix's (NFLX) Password Crackdown Successful In Other Countries

Netflix's (NFLX) crackdown on password sharing is coming to the U.S. Jawad Hussain discusses the impact of NFLX password sharing crackdown. He talks about how accounts will start to be limited to one household and extra users can be added for an additional fee. He notes that NFLS aims to cut $300M in spending this year. He then goes over other streaming stocks to keep on your radar, including Apple (AAPL), Amazon (AMZN), Disney (DIS), and Alphabet (GOOGL). He mentions that NFLX has seen success with the password crackdown in other countries with paid membership growing. Tune in to find out more about the stock market today.

Trading 360

25 May 2023

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