A report by Parks Associates says that among the 57% of U.S. households with OTT services (Netflix, Hulu, Amazon (NASDAQ:AMZN), HBO Go), 11% use shared-accounts. Parks estimates that OTT video streamers will lose some $500 million of revenue worldwide in 2015 because of password sharing.
From the article "Cord Cheating: Piracy Spreads From Netflix To Pay TV" by REINHARDT KRAUSE.
Industry analysts say companies are missing a chance to grow revenue. An analysis by Parks Associates estimated streaming providers will lose $550 million in 2019 from password sharing. "There has...
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