Netflix's hugely unpopular paid sharing 'initiative' is going forward and will soon roll out 'more broadly', aiming to squeeze more revenue from a potentially smaller number of users.
Netflix is taking a break from indiscriminately and inexplicably cancelling popular shows and spending hundreds of millions of dollars on instantly forgettable action movies to... further enrage many of its longtime users withWhat was once touted as a key selling point of the industry-leading video streaming platform is now considered a plague in need of immediate eradication to see"improved overall revenue" in the mid and long term.
Of course, something as universally embraced as Netflix password sharing practices can't simply disappear at the snap of Ted Sarandos' fingers, which is why the company slowly and graduallyin markets like Argentina, the Dominican Republic, El Salvador, Guatemala, and Honduras last year. This little Latin American experiment was apparently successful for the service, generating"cancel reaction" and negatively impacting"near term member growth" in the countries listed above while making Netflix confident of revenue boosts once that visceral initial response fades away.this"feature" in other countries and regions is going forward, and before long, free password sharing is unlikely to remain a thing anywhere in the world.
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