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200,000 users abandon Netflix after crackdown backfires (www.forbes.com.au)

submitted 2 years ago by [email protected] to c/[email protected]

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200,000 users abandon Netflix after crackdown backfires::Aussies have spoken, and the results are not looking good for Netflix. A new report reveals why users are turning to streaming competitors.

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[–] [email protected] 375 points 2 years ago (46 children)

This article is specifically about Australia. Globally, Netflix added 5.9 million subscribers after their password-sharing crackdown.

I hate to say it, but the crackdown worked exactly as intended.

https://www.bbc.com/news/business-66240390

[–] [email protected] 3 points 2 years ago (2 children)

the ad supported subscription cost less, so I wonder if they are still making as much money

[–] [email protected] 4 points 2 years ago

I wouldn't be surprised if the ad supported tier made more money than the cheapest ad-free tier. Ads are a huge business.

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