Connect with us

Hi, what are you looking for?

Investing

Disney’s streaming services have begun cracking down on password sharing

Disney has updated the language on its three streaming platforms to limit password sharing outside of a user’s individual account.

In an email to subscribers sent Wednesday, Disney-owned Hulu said it would begin limiting account sharing for prior and existing subscribers starting March 14, with the changes effective for new subscribers as of last week.

Disney+ and ESPN+ have also both updated their user agreements to reflect the changes to account sharing, though it was not immediately clear when those changes occurred. The new language was first reported by CNN.

A Disney representative did not immediately respond to a request for comment. Disney CEO Bob Iger hinted at the move to limit account sharing on a company earnings call last August.

“In calendar ’24, we’re going to get at this issue,” Iger said. “We certainly have established this as a real priority. We actually think that there’s an opportunity here to help us grow our business.”

An effort to cut down on users improperly sharing Disney+ accounts in particular helps to bolster Iger’s stated goal to make the streaming service profitable by the end of 2024.

The moves follow Netflix’s announcement last April that it would begin making users pay more if they wanted to share accounts. Netflix said last month it just saw its highest-ever quarterly subscriber growth.

This post appeared first on NBC NEWS

You May Also Like

Editor's Pick

Colorado-based pastor Eligio “Eli” Regalado and his wife, Kaitlyn, are facing legal action after allegedly defrauding investors of millions of dollars through the sale...

Economy

How can Forex crash? Forex market crash history Fact that the Forex is one of the most volatile and most profitable markets in the...

Stock

Enthusiasm is needed to drive an uptrend, but sometimes enthusiasm can go too far. That is why technical analysts like to use various sentiment...

Editor's Pick

As decentralized naming systems gain traction, Ethereum Name Service has seen ENS price double, leaving some FOMO investors asking is it too late to...

Disclaimer: happyretirementstories.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


Copyright © 2024 happyretirementstories.com