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May 17, 2021
Netflix and other streaming services have dealt with a variety of password-stealing schemes and other scams for years. Netflix announced earlier this year it was trying to crack down on password-sharing among its customers; even if you’re only sharing account access with people you know, the more people who have the info, the greater the chances that info could be compromised. According to analysis from research firm Parks Associates, password piracy and sharing cost streaming services like Netflix, Hulu, and Disney Plus $9 billion a year.
From the article "Feds break up alleged streaming password theft scheme" by Kim Lyons.
That 50 percent figure gets a lot of play: In April 2015, Parks Associates reported that 50 percent of U.S. broadband-enabled homes had an SVOD subscription. In March 2016, NPD Group reported that 52...
When consumers can get a streaming video service with live channels and an on-demand library for $15 per month, their $80 per month cable or satellite service starts to look like a poor value. That's...
Yet despite the fact that a study by Parks Associates last year found that subscription video on demand (VOD) services like Netflix stand to lose $500 million per year due to password sharing, VOD exe...
Luring and keeping customers is becoming harder as the online streaming market gets more crowded and subscribers, freed from cable television's contract model, can cancel service with a click of the m...
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