When Netflix Password Sharing Will Be Removed Announced

Netflix has released its financial position report for the third quarter of 2022. The statements made revealed that Netflix has started to gain subscribers again. In addition, the latest developments about the platform were shared.

The world’s most popular online from TV series and movie platforms Netflix didn’t have a good year in 2022. Because the company stated that it lost 200 thousand users in the first quarter of the year and 900 thousand users in the second quarter. announced. If the platform is now third quarter disclosed its data. It seems that Netflix has reversed the bad trend.

The statements made by Netflix have revealed that the platform has been operating in the past 3 months. 2.4 million new subscribers gained revealed. Only about 100,000 of these new subscribers came from the US and Canada, while the rest were acquired from other countries. However, Netflix’s statements about the third quarter it was not just. Let’s take a look at other explanations.

Password sharing era is officially over!

Netflix has been waiting for a few people to get together and buy a single Netflix subscription. to prevent continues its work. Referring to this issue in their statements about the third quarter, Netflix officials said that password sharing It will end by the beginning of 2023. they announced. You will have those who remember; In a news we shared with you recently, “Profile TransferWe talked about the launch of a feature called ” and it’s about password sharing. It seems like the expected end is coming…

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Netflix believes it’s more effective to stream the entire season at once

One of the issues addressed in Netflix’s third quarter report is “serial-trackingIt was about seasonal broadcasts, also known as “. Netflix users know that the series on the platform are broadcast in seasons, not in episodes. increased the interest says. That’s why the series on Netflix will be broadcast in seasons from now on. According to Netflix, the worldwide agenda productions such as Squid Game would not have the same effect if they were broadcast from week to week.

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55 new games are coming from Netflix!

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Netflix, in 2021 He made a radical decision and decided to enter the video game industry. had announced. So far, we have seen the games released by Netflix. The latest statements made it clear that the new game rush on Netflix will continue from now on. continue will it reveals. According to the statement, Netflix, which has released 35 mobile games to date, Working on 55 new games and these games will be released before the end of 2022.

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Source :
https://s22.q4cdn.com/959853165/files/doc_financials/2022/q3/FINAL-Q3-22-Shareholder-Letter.pdf


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