Netflix gains more new subscribers than expected following password-sharing crackdown

Streaming giant added 5.9 million new subscribers in last three months after clamping down on users sharing accounts

Netflix added 5.9 million new subscribers in the last three months – almost three times as many as analysts expected – after clamping down on households that were sharing their passwords.

The streaming giant is the first of the big tech and media companies to unveil their latest quarterly results. The figures come as strikes from writers and actors have hit the industry – the first time both unions have walked out since the 1960s.

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