DStv Channel 403 Wednesday, 15 January 2025

Netflix sees increase in subscribers

NEW YORK - Netflix has seen a burst of people signing up after they announced a crackdown on password sharing.

The company ended June with more than 230 million subscribers, an increase of nearly six million members since earlier this year.

READ: Netflix says ad-supported plan has nearly 5m users

This is after a dip of a million subscribers last year due to the increased cost of living and fierce competition.

At the same time, it is also facing challenges from ongoing strikes in the US by writers and actors, causing severe delays in productions.

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