Major changes after disclosing that revenue growth has slowed!
$Netflix (NFLX.US)$ disclosed Tuesday that it is losing streaming subscribers overall for the first time since the service was in its infancy, and executives revealed plans to make moves they have long avoided as the stock plunged again.
The dual dangers of dwindling subscribers and deepening stock losses led Netflix executives to consider a crackdown on password sharing, and Co-Chief Executive Reed Hastings even went so far as to say that the company could offer a lower-priced subscription tier that includes commercials, a move he has resisted for years.
Executives also said they expect to crack down on password-sharing, with Hastings saying Netflix has been working for two years on a model that would help it bring in revenue for everyone who watches the service.
It won't let me! Which platform would you choose except Netfliex?
$Apple (AAPL.US)$ $Disney (DIS.US)$ $Amazon (AMZN.US)$ $Viacom-B (VIAB.US)$ $Comcast (CMCSA.US)$
The dual dangers of dwindling subscribers and deepening stock losses led Netflix executives to consider a crackdown on password sharing, and Co-Chief Executive Reed Hastings even went so far as to say that the company could offer a lower-priced subscription tier that includes commercials, a move he has resisted for years.
Executives also said they expect to crack down on password-sharing, with Hastings saying Netflix has been working for two years on a model that would help it bring in revenue for everyone who watches the service.
It won't let me! Which platform would you choose except Netfliex?
$Apple (AAPL.US)$ $Disney (DIS.US)$ $Amazon (AMZN.US)$ $Viacom-B (VIAB.US)$ $Comcast (CMCSA.US)$
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