The Impending Demise of Netflix Due to Password-Sharing Crackdown

Netflix's recent ban on password sharing in the US has led to a flood of complaints on social media, with hundreds of users using the hashtag #CancelNetflix. The ban requires subscribers to pay an extra $7.99 a month if they want someone outside of their household to access their account. Despite the backlash, Netflix is confident that the ban will lead to improved overall revenue as more households activate their own standalone accounts and extra member accounts are added.