Netflix Losing 400M a Year Due to Password Sharing

Netflix Losing 400M a Year Due to Password Sharing

My sister is using my Netflix account. I know because every time I log on there is some corny film that has just been finished or still has time left to be watched. It’s really convenient for her. She gets to binge out on a wide variety of movies new and old. Her entertainment is at the expense of someone and that’s someone is Netflix. Netflix appears to be this giant media entity that is paying out tons of dollars to feature exclusive content. How often do you care to think about their overhead? The thought probably goes over your head.

How is this even possible? Netflix appears to be able employ the same engineers Facebook and all of these other tech giants have. How is this really an issue? They couldn’t come up with a system to prevent two accounts logging in at the same time? Is the content worth paying for is the real question. Thousands so people just registered on Tidal to gain access to Jay-Z’s latest project 4:44. Netflix has a few hits such as Orange is the New Black, House of Cards, Luke Cage etc. But outside of that, people don’t see the value in paying a monthly fee for sub par content.

Truthfully, Netflix is like any other business. The more money they have coming in, the more functioning they can be. So if you think Netflix is in the business to entertain you for free, you’re wrong. And you will soon pay the consequences. Well that’s what they’re saying. I was told they’re losing nearly 400 million dollars a year. I was also told not to count other peoples money ๐Ÿ˜‚. However, it is safe to say Netflix would like for you to chill with the password sharing ๐Ÿ‘Œ