Netflix lost 200,000 subscribers in the first quarter of the year

Netflix accuses users who share accounts

Similarly, Netflix admitted that the opportunity offered to its users of share an account between different households, growth slows significantly.

“Our relatively high household penetration (including the large number of households that share accounts), combined with competition, is creating problems for revenue growth,” he said.

According to internal data, of the nearly 222 million active checking accounts on Netflix, more than 100 million shared by more than one person or family.

Last month, the company started a pilot program in ChiliCosta Rica Yes Peru that will charge an additional fee to those users who share their account information with people who live outside the household.

At the moment there is no news about its implementation in other markets.

Still, Netflix took advantage of its leadership in the “streaming” world, stressing that the second season of “Bridgerton”, released a few weeks ago, was the most-watched series in English in its history with more than 627 million hours of play. , according to its internal statistics.

However, in the movie buffs section, Netflix lost the race to become the first platform to win the Oscar for Best Picture since Apple TV+ did it this year with “CODA”

“Key to our success has been the ability to create incredible entertainment around the world, present it in highly personalized ways and gain more views than our competitors,” the company said.

Source: El heraldo