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Disney says it will crack down on password sharing, following Netflix's lead - TL;DR CNBC

Disney says it will crack down on password sharing, following Netflix's lead

Publishing timestamp: 2023-08-09 17:50:23


Summary

Disney is actively exploring methods to stop account sharing on its streaming services and expects to roll out tactics in 2024. This move follows Netflix's implementation of a new account sharing policy. Disney is raising prices on its streaming services and views advertising as a key way to reach profitability. The impact of eliminating password sharing on subscriber growth is uncertain.


Sentiment: NEUTRAL

Tickers: DISNFLX

Keywords: entertainmentmediawalt disney cobreaking news: businessbusiness newsnetflix inc

Source: https://www.cnbc.com/2023/08/09/disney-says-it-will-crack-down-on-password-sharing-following-netflixs-lead.html


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