Netflix sign-ups jump as U.S. password sharing crackdown kicks off: data
Daily U.S. sign-ups for Netflix have jumped in the first few days after the streaming giant's password-sharing crackdown came into effect on May 23, data from research firm Antenna showed.
The news sent shares of the company up 2.3% to US$418.92 in early trading.
Looking for new ways to make money in a saturating market and a tough economy, Netflix moved to regulate the sharing of account passwords with friends and family - a drastic turnaround for a company that had once tweeted "Love is sharing a password."
Netflix had estimated that more than 100 million households had supplied their log-in credentials to people outside their homes. Under the new rules, U.S. users can add a member outside of their homes for an additional fee of US$8 per month.
Its calculations seem to have paid off as the company recorded nearly 100,000 daily sign-ups on both May 26 and May 27, according to Antenna.
Netflix, which has expanded its crackdown to more than 100 other countries, did not immediately respond to a Reuters request for comment.
The streaming video pioneer saw its four largest days of U.S. user acquisition after the change came into effect in the 4-1/2 years that Antenna has been covering the company.
The recent spike also exceeded levels seen during the initial U.S. COVID-19 lockdowns in March and April 2020, according to Antenna, which sources data from third-party data collectors that track online purchase receipts, credit, debit and banking data details with permissions.
(Reporting by Chavi Mehta in Bengaluru; Editing by Devika Syamnath)
CTVNews.ca Top Stories
Murder charge laid in killing of B.C. Mountie
The day after an RCMP officer was killed and two others were injured while executing a search warrant in Coquitlam, B.C., charges of murder and attempted murder have been laid.
Key to mending broken labour relations is fixing inflation, RBC economists say
High inflation is driving workers to take labour action and press for wage increases, according to a new report by Canada's largest bank that says more turbulence could be on the way for Canadian labour relations
Sikh groups ask Canadian political parties to present 'united front' against India
Two groups in the Canadian Sikh diaspora are calling for Canada's political parties to "present a united front" on India after Prime Minister Justin Trudeau announced a "potential link" between the shooting death of a local leader and the Indian government.
Canada to get rare asteroid sample after OSIRIS-REx drops cargo to Earth on Sunday
Seven years after it blasted into space to snag a sample of an asteroid, a spacecraft is set to deliver its rare cargo on Sunday -- and Canada is getting a piece of the interstellar bounty.
EXCLUSIVE
EXCLUSIVE 'Shared intelligence' from Five Eyes informed Trudeau's India allegation: U.S. ambassador
There was 'shared intelligence among Five Eyes partners' that informed Prime Minister Justin Trudeau's public allegation of a potential link between the government of India and the murder of a Canadian citizen, United States Ambassador to Canada David Cohen confirmed to CTV News.
Moneris says systems back online after users across Canada report outages affecting debit, credit payments
The payment processing company Moneris says it has resolved an outage that appeared to affect debit and credit transactions across the country.
Lender can't foreclose on B.C. woman's home because mortgage was obtained through fraud
A B.C. woman has won the right to stay in her home after convincing a judge that the mortgage her son took out on the property was obtained fraudulently.
A Black student was suspended for his hairstyle. Now his family is suing Texas officials
The family of a Black high school student in Texas who was suspended over his dreadlocks filed a federal civil rights lawsuit Saturday against the state's governor and attorney general, alleging they failed to enforce a new law outlawing discrimination based on hairstyles.
Manitoba could make history by electing first First Nations premier to lead province
A First Nations premier would head a province for the first time in Canadian history if the New Democrats win the Oct. 3 Manitoba election, and the significance is not lost on party leader Wab Kinew.
Canada
-
Key to mending broken labour relations is fixing inflation, RBC economists say
High inflation is driving workers to take labour action and press for wage increases, according to a new report by Canada's largest bank that says more turbulence could be on the way for Canadian labour relations
-
Murder charge laid in killing of B.C. Mountie
The day after an RCMP officer was killed and two others were injured while executing a search warrant in Coquitlam, B.C., charges of murder and attempted murder have been laid.
-
B.C. Mountie's death reverberates across law enforcement community
The death of a Metro Vancouver RCMP officer who was shot dead while executing a search warrant is reverberating with law enforcement officials across the country.
-
Smoke prevents Yellowknife from holding welcome home celebration
Smoke has forced Yellowknife to cancel a celebration marking the return of residents to the city after a wildfires-prompted evacuation that lasted for weeks.
-
Manitoba could make history by electing first First Nations premier to lead province
A First Nations premier would head a province for the first time in Canadian history if the New Democrats win the Oct. 3 Manitoba election, and the significance is not lost on party leader Wab Kinew.
-
Canada's international student program faced with 'integrity challenges,' senators say in push for reform
A group of Canadian senators is proposing a series of reforms to the country's international student program that include ways of protecting newcomers from fraud and abuse, as well as greater regulations and penalties for recruiters and educational institutions.
World
-
Death toll in Taiwanese golf ball factory fire rises to 10, includes 4 firefighters
Search teams found the bodies of the last three missing people on Sunday at the site of a golf ball factory fire in southern Taiwan, bringing the death toll to 10, according to Taiwanese media reports.
-
Ukraine targets a key Crimean city a day after striking Russia's Black Sea Fleet headquarters
Ukraine on Saturday morning launched another missile attack on Sevastopol on the occupied Crimean Peninsula, a Russian-installed official said, a day after an attack on the headquarters of Russia's Black Sea Fleet that left a serviceman missing and the main building smouldering.
-
Leading Egyptian opposition politician targeted with spyware, researchers find
A leading Egyptian opposition politician was targeted with spyware multiple times after announcing a presidential bid -- including with malware that automatically infects smartphones, security researchers have found. They say Egyptian authorities were likely behind the attempted hacks.
-
Lebanese and Israeli troops fire tear gas along the tense border in a disputed area
The Lebanese army said troops fired tear gas at Israeli soldiers in a disputed area along the tense border Saturday. No one was hurt in the incident.
-
Israeli military raid kills 2 Palestinians in West Bank
Two Palestinians were killed during an Israeli military raid Sunday in the northern West Bank, Palestinian health officials said, the latest bloodshed in a surge of violence during a sensitive Jewish holiday period.
-
Aid shipments and evacuations as Azerbaijan reasserts control over breakaway province
More badly needed humanitarian aid was on its way to the separatist region of Nagorno-Karabakh via both Azerbaijan and Armenia on Saturday. The development comes days after Baku reclaimed control of the province and began talks with representatives of its ethnic Armenian population on reintegrating the area, prompting some residents to flee their homes for fear of reprisals.
Politics
-
Sikh groups ask Canadian political parties to present 'united front' against India
Two groups in the Canadian Sikh diaspora are calling for Canada's political parties to "present a united front" on India after Prime Minister Justin Trudeau announced a "potential link" between the shooting death of a local leader and the Indian government.
-
EXCLUSIVE
EXCLUSIVE 'Shared intelligence' from Five Eyes informed Trudeau's India allegation: U.S. ambassador
There was 'shared intelligence among Five Eyes partners' that informed Prime Minister Justin Trudeau's public allegation of a potential link between the government of India and the murder of a Canadian citizen, United States Ambassador to Canada David Cohen confirmed to CTV News.
-
Canada's international student program faced with 'integrity challenges,' senators say in push for reform
A group of Canadian senators is proposing a series of reforms to the country's international student program that include ways of protecting newcomers from fraud and abuse, as well as greater regulations and penalties for recruiters and educational institutions.
Health
-
Biden has gotten the updated COVID-19 vaccine and the annual flu shot, the White House says
U.S. President Joe Biden has gotten the updated COVID-19 vaccine and annual flu shot, the White House said Saturday.
-
5M Canadians experienced a mental health disorder in 2022: StatCan
More than five million Canadians experienced some form of mental health disorder in 2022, a new Statistics Canada study has revealed.
-
Toronto woman completes race to end Alzheimer's, surpasses fundraising goal
A Toronto woman has completed 10 triathlons in 10 provinces to raise awareness and money for Alzheimer’s research in honour of her mom and all Canadians affected by the disease.
Sci-Tech
-
Canada to get rare asteroid sample after OSIRIS-REx drops cargo to Earth on Sunday
Seven years after it blasted into space to snag a sample of an asteroid, a spacecraft is set to deliver its rare cargo on Sunday -- and Canada is getting a piece of the interstellar bounty.
-
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Wildfires fuelled by climate change have ravaged communities from Maui to the Mediterranean this summer, killing many people, exhausting firefighters and fuelling demand for new solutions. Enter artificial intelligence.
-
Leading Egyptian opposition politician targeted with spyware, researchers find
A leading Egyptian opposition politician was targeted with spyware multiple times after announcing a presidential bid -- including with malware that automatically infects smartphones, security researchers have found. They say Egyptian authorities were likely behind the attempted hacks.
Entertainment
-
'Spirit of MuchMusic' still alive at doc premiere with former VJs in attendance
While the party died years ago at MuchMusic's broadcast centre on the corner of Queen and John streets in Toronto, the screening of a new documentary on Friday proved nostalgia for the nation's music station is still very much alive.
-
Sabato De Sarno makes much anticipated debut at Gucci under the gaze of stars like Julia Roberts
Sabato De Sarno wants people to fall in love with Gucci again, calling his debut collection 'Gucci Ancora,' Italian for 'Gucci Again.'
-
Movie reviews: 'Dumb Money' is a rousing, high-energy, fist-in-the-air crowd pleaser
This week, pop culture critic Richard Crouse reviews new movies 'Dumb Money,' 'Expend4bles' and 'Stop Making Sense.'
Business
-
Moneris says systems back online after users across Canada report outages affecting debit, credit payments
The payment processing company Moneris says it has resolved an outage that appeared to affect debit and credit transactions across the country.
-
Ford offers Unifor wage increases up to 25 per cent
Ford Motor has offered Canadian union Unifor wage increases of up to 25 per cent in its tentative agreement, the union said on Saturday. The agreement provides a 10 per cent wage increase for the first year followed by increases of two per cent and three per cent through the second and third year and a $10,000 productivity and quality bonus to all employees on the active roll of the company, Unifor said.
-
Autoworkers still have room to expand their strike against carmakers. But they also face risks
Even after escalating its strike against Detroit automakers on Friday, the United Auto Workers union still has plenty of leverage in its effort to force the companies to agree to significant increases in pay and benefits.
Lifestyle
-
Sask. sisters' sanctuary gives ponies and donkeys with special needs a second chance at life
A sanctuary just outside of Estevan is giving some of Saskatchewan’s smallest equines with special needs the opportunity for a forever home.
-
First Bob Ross TV painting, completed in a half an hour, goes on sale for nearly US$10 million
A Minneapolis gallery is asking US$10 million for 'A Walk in the Woods,' the first of more than 400 paintings that Bob Ross produced on-air for his TV series 'The Joy of Painting.'
-
Shimano recalls 760K bike cranksets in Canada, U.S. over crash hazard following injury reports
Cycling company Shimano is recalling some 760,000 bike cranksets in the U.S. and Canada due to a crash hazard that has resulted in several reported injuries.
Sports
-
Canadian women's volleyball team beats Mexico but fails to clinch Olympic spot
Canada's women's volleyball team scored a 3-0 (25-22, 25-22, 25-17) win over Mexico on Saturday, but fell short in its bid to qualify for the 2024 Paris Olympics.
-
Canadian Premier League revamps trophy case with new hardware up for grabs
A new trophy, the Canadian Premier League Shield, will be presented to the regular-season winner. And the North Star Cup will replace the North Star Shield, which was previously awarded to the CPL's playoff champion from 2019 to 2022.
-
Maple Leafs excited by 'different elements' brought by Reaves, Domi and Bertuzzi
Ryan Reaves wasn't going to sign just anywhere.
Autos
-
Ford offers Unifor wage increases up to 25 per cent
Ford Motor has offered Canadian union Unifor wage increases of up to 25 per cent in its tentative agreement, the union said on Saturday. The agreement provides a 10 per cent wage increase for the first year followed by increases of two per cent and three per cent through the second and third year and a $10,000 productivity and quality bonus to all employees on the active roll of the company, Unifor said.
-
Autoworkers still have room to expand their strike against carmakers. But they also face risks
Even after escalating its strike against Detroit automakers on Friday, the United Auto Workers union still has plenty of leverage in its effort to force the companies to agree to significant increases in pay and benefits.
-
U.S. autoworkers expand their strike to 38 locations in 20 states. Biden plans visit to show support
The United Auto Workers union expanded its strike against major carmakers Friday, walking out of all 38 parts-distribution centres operated by General Motors and Jeep and Ram owner Stellantis in 20 states but sparing Ford from further shutdowns.
