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Netflix Loses 1 Million Spanish Users Over Password Policing

Summary by The Star Kuala Lumpur
Netflix Inc. lost more than one million users in Spain in the first three months of 2023 according to market research group Kantar, a sign that the streaming giant’s crackdown on password-sharing could backfire.

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Netflix doesn't raise its head. Although his latest results, presented just a few days ago, gave him a little break in a tough season, in which competition is increasing, it seems that things are not getting better in Spain. The streaming platform lost one million subscribers in just over a month in this country, coinciding with the company's announcement of the ban on shared accounts. Although even today not all users have noticed anything new …

Center

Netflix lost a million subscribers in just over a month in Spain due to the policy to control the use of shared accounts.

·Madrid, Spain
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Center

Netflix has lost more than a million users in Spain since it implemented account sharing...

·Spain
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Center

Ten percent of current subscribers to the platform are considering canceling their account over the next few months.

·Madrid, Spain
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Bloomberg broke the news in New York, United States on Tuesday, April 25, 2023.
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