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Sharing Your Netflix And HBOGo Passwords Is Costing Streaming Services $500 Million

July 14, 2015

Research firm Parks Associates estimates that all the sharing of streaming passwords to circumvent subscription fees is costing providers roughly $500 million per year in lost revenue. They estimate that 6% of total users are using an account held by someone out of their household.

Yes. This all sounds about right, if a bit low.

Of course, none of this can be news to most providers, which offer an “ask no questions” approach to providing streaming so long as your password and ID match.

From the article "Sharing Your Netflix And HBOGo Passwords Is Costing Streaming Services $500 Million" by Penn Collins.

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About Parks Associates

Sharing Your Netflix And HBOGo Passwords Is Costing Streaming Services $500 Million

Previously In The News

Americans Are Spending Less on Streaming in 2023 As Cord Cutters Cut Back

Smart Home Owners Grow Increasingly Concerned About Cybersecurity

More Than Half of U.S. Households Dealt With a Data Privacy Problem, Study Says

Actelis Launches Unique, Ultra Low Power In-Building Gigabit Connectivity Solution For Instant Service Provisioning of Multi-Tenant Units

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