Variety reported last year that the research firm Parks Associates estimated that "illicit password sharing" to video on demand players used by Netflix, HBO and other Internet subscription providers could cost those companies up to $500 million globally in 2015.
The firm said that roughly six percent of U.S. broadband households use an over-the-top video service paid by someone living outside of the household.
From the article "Sharing Netflix Passwords Makes You Federal Lawbreaker?" by Clyde Hughes.
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Password sharing costs companies a lot of money. U.S. streaming platforms lost an estimated $2.5 billion in revenue in 2019 because of password sharing, and that amount is expected to increase to $3.5...
