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Netflix moves carefully against casual password sharing

We have London-based Synamedia, formed from the remnants of Cisco’s video service provider group, to thank for raising consciousness about casual password sharing and now Netflix has flagged its growing concern. Its chief product officer Greg Peters has acknowledged the company was monitoring the situation with a view to taking proportionate and sensitive action against serial offenders. This notice came during the firm’s Q3 financials review, which was significant at a time when its domestic US market is saturating and intensifying as competition from several new big players such as Disney+ and Apple TV+ is looming. The Q3 numbers for Netflix are in fact rather good and ahead of some analyst expectations. Global sales came in at $5.2 billion, 31%…

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