Looks like the Cuties controversy crushed Netflix last quarter. < /s>

https://www.cnbc.com/2021/01/19/netf...-earnings.html

Summarized: They're almost cash flow positive with $8 billion on hand and $15b in debt and are no longer reliant on external financing. They intend to increase debt payments and are considering a shareholder payback and stock buyback. They added 8.5 million subscribers worldwide in the last quarter, 2 million more than anticipated and are at over 200m subscribers worldwide. Tthey're up 11% in after hours (+$55/share). They added a total of 6.274m subscribers in the US/CAD in 2020, that's compared to 2.9m in 2019.

The US also pays the most per member @ $13.32, compared to Europe/Mid-East/Africa at $10.72, Latin America at $7.45 and Asia-Pacific at $9.12. They will be pulling $1b/month in the US alone in the coming months.

Pandemics are good for businesses

Tell that to Quibi.

After reading about Rectify leaving on the 4th I checked it out. Binged Seasons 1 and 2 yesterday. Will probably finish it up tomorrow. Luckily its a short series (30 Episodes)

if you have time I highly recommend checking it out before it leaves.

I really wish Netflix made it easier to see when a show is leaving the service. Only reason I found out about Rectified was through a third party site. Maybe a section for "Leaving Soon".

I think they purposefully don't do it so that you aren't really aware of just how much is lost every month (obviously they replace it with new content but better to call attention to the stuff they're going to newly air than stuff that's leaving)

I highly doubt it was the pandemic that sunk them. It was a stupid idea on pretty much every level.

Netflx just plopped down $18 million for the Liam Neeson-Laurence Fishburne movie The Ice Road: https://deadline.com/2021/03/netflix...al-1234703860/

$17.99 is the price of a Disney movie digitally.

Huh?

Good point

They are testing a feature that would stop password sharing:
https://www.cnbc.com/amp/2021/03/11/...ng-tested.html

And so it begins...

https://www.hollywoodreporter.com/am...ssword-sharingI could've sworn they tested this before, but maybe I'm thinking of a different service.

Expect a lot of texts from grandma if this happens, I guess.

Not surprising. They lose money when people password share.

Sounds harmless right now at least if they are only requiring me to give my daughters their own verification code when requested. If they were to check IP or location info and block with that, then that would be bad. Spotify family account kind of has this "must reside in the same household" requirement also, but they don't seem to enforce it.

What the fuck was Netflix thinking? They should be happy they didn't choose pirating as another option.

They're thinking people won't lie. They're thinking wrong.

If they're identifying location, to determine whether people reside in the same household, does that mean they're also going to crack down on VPNs used for region swapping?

It's just going to push a lot of people back to pirating. People account share for various reasons, a big one being a lack of money to subscribe to every one of the services.

My family does a thing where each person subscribes to one service and we share the accounts among everyone to have access.

I'd rather people password share even if they have to do it for financial reasons than someone use APKs and Torrents and illegal streams. It's better that they watch high quality legal streams. I always believe you should support the artists who make the movies and shows you like.

I know most middle to lower income families or people who are fairly young can't afford 3, 4, 5, 6 streaming services and pay all their bills.

and Netflix is slowly getting more expensive. I'm on their higher tier 4K UHD plan and it's already $18/month.


Here's one problem though: A couple of years ago, I allowed a friend from work to access my HBO account. Her device or computer got hacked and someone stole my password information and logged on to all my services and even tried to order NFL Sunday Ticket. I noticed various shows and movies that were being watched all the time and on one service I never gave access to her. So I had to go through a huge hassle to change my password and revoke access to her unfortunately.

Now I don't password share anymore. It's too risky.

I mean honestly I’m surprised it didn’t happen sooner. You have a few people sharing an account, and that happening over who knows how much of their subscriber base. They’re obviously losing out on a ton of potential subscription dollars.

The 2 stream and 4 stream limit prevents an unlimited number of people sharing the account. When I had 2 stream, I had trouble some evenings with just my two daughters. With 4 streams, I am able let my mother have access to my account without any fear of hitting the limit. I wouldn't be able share it to 8 people, then I would suffer as the account owner not being able to view at peak times when the 4 stream limit is hit.

https://www.cordcuttersnews.com/surv...are-passwords/

A recent survey says that 54% of Netflix users (of those surveyed) claim they would cancel the service if they can't password share.

That survey is of a very specific demographic (plus I don't see anywhere where they asked whether the person surveyed was the one paying for the service:I don't doubt that there are a number of people who are sharing the costs who would cancel but I doubt 86% of Netflix users in general are sharing passwords with someone, for instance.

More people would likely cancel for lousy in house programming or price increase rather than lose the ability to sharing password.

I’m watching “Bad Trip” starring Eric Andre and it’s in the style of “Bad Grandpa” (Jackass) - half candid, half fictional plot.



The actors are recognizable though, so I’m surprised they got some usable footage.