Read previewWhen Netflix announced it was mulling a ban on password sharing a few years ago, subscribers immediately balked. For years, Netflix turned a blind eye to password sharing, even winkingly encouraging it on social media. Sorry, the password crackdown workedTo the dismay of the #CancelNetflix-ers, the password reckoning has paid off — handsomely. In the third quarter of 2023, Netflix reported that it added 8.8 million subscribers, vastly exceeding expectations. The fourth quarter numbers yielded even better results: 13.1 million global subscribers for a total of more than 260 million, Business Insider's Lucia Moses reported.

---

Persons: —, Nobody, Netflix's, leeching, Insider's Lucia Moses, That's, Jadrian Wooten, Wooten, What's Organizations: Service, Netflix, Business, Disney, Paramount, Virginia Tech, Virginia Tech News