S&P Global Ratings' Jawad Hussain discusses whether Netflix can sustain its exceptional earnings growth from Q3 into 2025.
The company began cracking down on password sharing in the spring of 2023 in order to boost revenues and grow its subscriber base after estimating that some 100 million people worldwide were using other users’ passwords to access Netflix’s collection of movies and TV shows. “You know, 2024 was kind of a year of building that up and getting scale and they weren’t expecting to see the benefits of that until 2025, and then you have a slate of content that’s very live focused.”
“And part of that is you need to have event-driven programming, and sports still are the biggest events out there.”
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