Netflix · 2025 report · 12 min
The password-sharing crackdown
In 2023 Netflix told people sharing a password to pay or stop. Many expected members to leave. The opposite happened.
Ticket 01 · The guess
How many households were sharing?
Words to know
Sources and every number (2)
Sources
- Netflix letter to shareholders, first quarter 2022 (Exhibit 99.1 to Form 8-K, April 19, 2022) · Netflix, Inc. (filed with the U.S. SEC), 2022
- Netflix letter to shareholders, fourth quarter 2022 (Exhibit 99.1 to Form 8-K, January 19, 2023) · Netflix, Inc. (filed with the U.S. SEC), 2022
Every number
- 100 million households
sec.gov ·2022 · Households Netflix estimated were watching on another household's account, early 2022 (the letter says over this many). - 222 million households
sec.gov ·2022 · Paying households at the time, as the letter puts it. - 30 million households
sec.gov ·2022 · Of the sharing households, those in the United States and Canada (the letter says over this many). - 0.2 million memberships
sec.gov ·2022 · Paid memberships lost in the first quarter of 2022 (paid net additions were negative). - 0.97 million memberships
sec.gov ·2022 · Paid memberships lost in the second quarter of 2022 (paid net additions were negative).