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200,000 users abandon Netflix after crackdown backfires
(www.forbes.com.au)
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this post was submitted on 29 Aug 2023
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I guess the lesson is that Netflix was always doomed the moment the companies that actually produce and/or own all the content realized how lucrative streaming could be. They were only as successful as they were because they had no competition.
This article is cherry picked. They added millions more of subscribers because of this change.
Making it accessible in more countries must've had absolutely nothing to do with it. Zilch, nada, nothing. It was all about cracking down on password sharing. /s
But the thing is it actually did work, Netflix has seen a boost in revenue and the companies stock price.
https://www.msn.com/en-us/money/companies/netflix-stock-jumps-as-analysts-see-password-crackdown-ad-tier-boosting-growth/ar-AA1fFSlp
Netflix can't implement three different changes to its business model and then cherry pick one of those changes as the reason for the increased revenue. Well, maybe not can't... They're certainly trying to, and some folk are eating it up, apparently.
If the tire is flat on my car, and I:
... I shouldn't go around telling folk God fixed my flat tire.
Cool, but that analogy doesn't work with how companies are valued.
The only thing that matters to the stock market is growth. It doesn't matter how you get there (most of the time), as long as you're posting positive numbers and your outlook looks good.
That's not the argument you were making.
Ah, my apologies... You're not the original commenter. Point still stands, though... It's not the argument the original commenter put forth.
Bro it's not a guessing game they release this information in thier quarterly financial statements....
https://ir.netflix.net/financials/quarterly-earnings/default.aspx
Feeling a bit like a broken record. Alrighty, bro... You explain to me what metrics Netflix is using to differentiate the impact their password sharing policy changes made opposed to the other changes they made. I read over their documentation, and didn't see it.
You could be right and seem to be implying the new territories are the main reason but do you have a source for those metrics? You've been calling into question how Netflix is counting this so which counts are you using?
On top of what ShustOne said, I would argue that they have know this for over 10 years and was the reason they created Netflix originals starting with House of Cards.
The business articles about how companies like Disney and others that "that actually produce and/or own all the content" are struggling to compete kinda suggests otherwise though.