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Netflix’s recent crackdown on password sharing is believed to have boosted its subscriber count by a staggering 6 million during the third quarter, raising eyebrows throughout the streaming industry.the market watches closely, wondering whether Netflix is primed to usher in higher subscription fees.
Instead, they’ve focused on curbing password sharing outside of registered households, targeting the vast pool of over 100 million people who enjoy their services without officially subscribing. The metamorphosis into a utility-like entity prompts profound questions about how Netflix will continue to innovate and expand its market presence.
In general, LSEG data indicates that Wall Street anticipates the streaming service to report its most robust quarterly increase in subscribers for this year.
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