Wall Street has high hopes for Netflix as it sees 'big opportunities' in the coming crackdown on password sharing
over the next two months, and Wall Street is cheering the move.
Netflix had originally planned to launch the password sharing crackdown measures in the first-quarter, buton the initial plans led the company to postpone its rollout. That's because the strategy could be a meaningful growth driver for Netflix's business, according to a Tuesday note from"Password sharing should be a solid subscriber, revenue and operating income driver moving forward. Initial Canadian results revealed paid memberships and revenue growth accelerating relative to the US," BofA's Jessica Reif Ehrlich said.
The program in Canada started with Netflix requiring its users to set a location for its membership that is typically determined by the household's IP address. Anyone that tries to access the account from outside the authorized location will be unable to do so.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Wall Street Journal reporter arrested in Russia arrives in court for appeal hearingThe reporter, a correspondent with the paper's Moscow bureau, stands accused of “acting on the instructions of the American side” and collecting state secrets about the military.
Leer más »
Ukraine live briefing: Putin visits troops in Ukrainian regions; Wall Street Journal reporter to appeal detentionRussian President Vladimir Putin visited the command posts of his forces in Ukraine’s Luhansk and Kherson regions, where he was briefed by top commanders, the Kremlin said Tuesday, without disclosing the date of his visit.
Leer más »
Evan Gershkovich, Wall Street Journal reporter accused by Russia of spying, appears in Moscow courtWall Street Journal reporter Evan Gershkovich appeared in a Moscow court Tuesday to appeal charges of espionage which he, the U.S. government and his employer strenuously deny.
Leer más »
Wall Street Journal reporter arrested in Russia arrives in courtEvan Gershkovich, a Moscow correspondent with the Wall Street Journal who has been charged as a spy in Russia, is expected to be in a Moscow court on Tuesday.
Leer más »
Budget politics heat up as Speaker Kevin McCarthy visits Wall StreetHouse Speaker Kevin McCarthy pledged to pass legislation to raise the debt ceiling — and listed his demands. Democrats stressed that despite the speech at the New York Stock Exchange, House Republicans still haven't proposed an actual budget plan.
Leer más »
Wall Street Journal Reporter Charged With Spying Appears in Moscow CourtEvan Gershkovich was held inside a glass box in the courtroom.
Leer más »