Netflix: Password-sharing crackdown helps streaming giant ‘under-promise and over-deliver’

Netflix’s password sharing crackdown seemed to have minimal effec, as beat third-quarter earnings predictions, consolidating its position as the streaming market leader. The firm reported revenue growth of 15 per cent year-on-year to £7.5bn, with a net income of £1.7bn and earnings per share of £3.88, all surpassing analyst predictions. Operating margins also improved to [...]