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Comment on 200k users abandon Netflix after crackdown backfires

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Why is the drop attributed to the shared account crackdown and not the price increase? Of course they lose subscribers in the short term when they offer less value for more money.

Or decline in product offering relative to the competition.

In Canada at least Netflix's library seems to have been gutted with a ton of their non-original content moving to Prime, Disney+, etc. And even a bunch of their own formerly-exclusive content is now available for free on services like Tubi.

I think the password crackdown accelerated people to evaluate if Netflix was worth paying for. For a lot of people that was no.

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