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Netflix profits after password sharing crackdown soar - Netflix password sharing crackdown backlash

Netflix has seen its profits soar in the first three months of 2024 in part due to its crackdown on password sharing. Netflix saw 9.3 million new customers in the first quarter, bringing its total number of subscribers to almost 270 million. The streaming giant said its profits in the first quarter jumped to more than $2.3bn.