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Streaming Services Losing Money From Password Sharing

July 16, 2015

As little kids, we’re taught sharing is caring. And there’s no time that it’s been easier to share than in the digital age, maybe too easy.

At least that’s what some media companies must be thinking with streaming services now taking us out of the prehistoric times of traditional cable. But with streaming comes the sharing of passwords.

According to research firm Parks Associates, Netflix, HBO and other streaming services are losing as much as $500 million this year by not putting a stop to password sharing.

The demo that uses or abuses sharing passwords the most? People ages 18 to 24.

From the article "Streaming Services Losing Money From Password Sharing" by Tony Lewis.

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Streaming Services Losing Money From Password Sharing

Previously In The News

AmberSemi Develops AC Direct Lighting Control Engine Silicon Chip

Building the Future of Smart Home Security > Engineers must invent new technology to enhance security products' abilities

Report: Viewers Say Churn is Based on Lack of New, Original Content

Research: over 50% of U.S. broadband households stream content on TV screens

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