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Netflix's Password-Sharing Crackdown Is Here. Can It Turn Around the Stock?

Netflix's Password-Sharing Crackdown Is Here. Can It Turn Around the Stock?

Netflix (NASDAQ: NFLX) has enacted its password-sharing monetization strategy. Gone are the days of using your parent's or friend's Netflix account for free, as Netflix now requires extra user slots to be purchased for $8 more per month if the viewer doesn't reside in the same household as the main account holder. The effect of Netflix's password-sharing crackdown could be massive.