Netflix is facing intense competition from rivals such as Apple, Disney, and Hulu. To combat this, the streaming giant recently announced new ad-supported tiers and is cracking down on password-sharing. On Tuesday, Netflix announced that it was delaying the broader rollout of its password-sharing crackdown. The company cited the desire to achieve a “better outcome” for both its members and its business. Netflix said in its earnings release, “We believe this will result in a better outcome from both our members and our business.”Credit: theguardian.comENND

Source: The Guardian April 19, 2023 19:11 UTC