Netflix's subscriber and earnings growth gather more momentum as password-sharing crackdown pays off

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Revenue Growth,Earnings Growth,Video Streaming Service

Netflix’s subscriber and earnings growth accelerated in its latest quarter as the video streaming service benefits from a crackdown on freeloading viewers...

Netflix’s subscriber and earnings growth accelerated in its latest quarter as the video streaming service benefits from a crackdown on freeloading viewers, an expansion into advertising and an acclaimed programming lineup.Netflix added 8 million subscribers during the April-June period, marking a 37% increase over the same time last year.

Since those moves began rolling out two years ago, Netflix has picked up nearly 55 million more paying customers, pushing its worldwide subscriber count nearly 278 million through June. As part of its effort to train investors to pay more attention to its financial growth and foray into advertising, Netflix in April

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