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Netflix Gained Almost 6 Million New Subscribers In Q2 After Cracking Down On Password Sharing

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Netflix gained almost 6 million new subscribers in Q2.
Netflix‘s recent earning report revealed the streamer gained a whopping 5.8 million subscribers in the second quarter of the year, Variety reports.
This boost in users brings their global subscribers total to 238.39 million, marking an 8% increase in subscribers year-over-year.
The streaming service was initially projected to gain 1.7 million new subscribers for the second quarter, which ended on June 30, Variety reports. Considering Netflix rolled out its controversial paid sharing program during this period of time, many were not expecting to see such an increase any time soon.
The paid sharing program that was launched in May asked users to pay an additional per month $8 for each extra member that will be using the Netflix account outside of the household.
The company saw returns soon after cracking down on password sharing despite the controversy it sparked, earning an average of 73,000 new users per day signing up for their own accounts.

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