Author Topic: Streaming Services May Soon Crack Down on Password Sharing  (Read 857 times)

Offline mozart123

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Streaming Services May Soon Crack Down on Password Sharing
« on: January 02, 2020, 09:19:37 PM »
According to estimates from Parks Associates, the US pay-TV industry is expected to lose $6.6 billion in 2019 to piracy and password sharing. While the existing industry and those soon to enter the fray can potentially weather this storm, it's only getting worse from here. By 2020, the industry will lose $7.1 billion, jumping to $8.1 billion in 2022 and then $9 billion in 2024.

It's hard to blame consumers for wanting these services for free. Streamers already feel like the field is far too bloated, with 75 percent stating they have no plans to subscribe to any new services. It's like the streaming industry has recreated the same TV packages it was supposed to save us from. Why pay for yet another streaming service when you can get the password from a friend and watch The Mandalorian on Disney+ for free?

But this consumer-friendly practice may not be something corporations such as Disney, NBC, and WarnerMedia are interested in continuing. Although Disney+ allows you to make separate profiles just like Netflix, the company came out of the gate swinging with the intention to crack down on password sharing before its service even launched.
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