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Netflix considering price increase amid password crackdown

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Netflix is reportedly exploring the possibility of raising its subscription prices following the success of its recent crackdown on password-sharing.

This move could have significant implications for the streaming giant’s millions of users worldwide.

The streaming service has long been aware of the issue of password-sharing, where users share their login credentials with friends and family, essentially allowing multiple people to access the service for the price of a single subscription. In response to this, Netflix has recently implemented stricter measures to detect and prevent unauthorized account sharing.

The crackdown, which has seen some users being prompted to verify their accounts through various methods, has garnered praise for its effectiveness in curbing password-sharing. However, it has also raised questions about whether Netflix intends to capitalize on this success by raising subscription prices.

While Netflix has not officially confirmed any price hikes, industry analysts speculate that the company may use the crackdown’s success as a justification for future increases. The potential price hikes could come as a surprise to users who have become accustomed to Netflix’s relatively stable subscription costs over the years.

Is Netflix planning to raise prices as a way to recoup revenue lost to password-sharing, or is it simply a strategic move to boost its profits further?

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Money

Will Australia’s foreign investment rule create an economic boost?

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Australian Treasurer Dr. Jim Chalmers announced an overall of foreign investment rules ahead of the budget.

Australia is set to announce a significant decline in its projected gross debt, signalling a more optimistic outlook for the country’s fiscal health.

The Airport Economist, Professor Tim Harcourt at UTS joins to discuss.

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Money

Research key to investment success

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What is the importance of research in the investing and super landscape in Australia?

Wyld Money dives into the world of financial freedom. Whether you’re a seasoned investor or just getting started, join us for actionable tips and tricks to unlock your earning potential, and retire on your own terms.

In this episode, Mark is joined by Peter Green, Director of Research at Lonsec Research. #wyld money

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Why “stagflation” will be the greatest financial threat of 2024

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With inflation soaring and economic growth tapering off, concerns about stagflation are on the rise

Stagflation, a situation characterised by high inflation coupled with stagnant economic growth, presents a unique challenge that many are ill-prepared to face.

Mark Wyld from MW Wealth joins to unpack what defines “stagflation”. #featured

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