Here's how much money Netflix loses to the Mooching subscription
Are your movies and skilled TV shows numbered?
It's not secret that Netflix has a lot of money - so much, in fact, that there isSNL SKIPS About essentially screaming frames in cash to any recent film graduated with an idea of a Netflix movie original. According toToStrongThe streaming broadcast service now has a market value of more than $ 152 billion, which has placed it in front of Comcast and Disney. And now that the "king of the frengle" is liftingits subscription prices on all planes-From $ 7.99 to $ 8.99 for the cheapest option, a unique screen plan - this number is required to get even higher.
But, according to aNew survey of more than 1,000 people by cordutings.comThis could win a lot more if it was not for "Mooching subscription" - to another called the practice of using someone else's login information to access an account. The study revealed that while Netflix has 137 million reported subscribers, only 85% of them actually pay for the service they use. When multiplying the number of people looking NETFLIX on the account of someone else (about 24 million) by the cost of subscription of the base ($ 7.99), they determined that the giant streaming lost $ 2.3 billion compared to the annual revenues due to moohing. (Yikes!) This is compared to only $ 540 million lost by Amazon Prime and $ 480 million lost by Hulu, although Hulu has most mochers (19.2%) compared to Amazon Prime video (16 . 5%) and Netflix (15 percent).
Among the age groups, the millennia had the highest mood rate of subscription. And while people were most likely to use the connection details of their parents for Netflix or Amazon Prime, Hulu Moochers was most likely to use another significant account. The study also found that people who mooch are generally unlikely to use only the details of someone else's connection for an evening or show using the account borrowed for an average of 26 months , which saves them more than $ 207 during this period. looking atMarie KondoNew show Courtesy of the dear old mom and dad.
The majority of the moochers (59%) said they had purchased their own subscription to Netflix if they lost access to their current account, compared to 37.8% of Hulu Mochers and 27.6% of Amazon Prime Moochers videos . For Netflix, this would mean an increase in revenues of approximately $ 112 million a month. Women were more likely than men to say that they would be willing to get their own account, which could be because the investigation says it spends 50Following Hours in Binging on Netflix content as men during a year.
Given all of these lost revenues, it may not be surprised that Netflix would try to move to the Mooching subscription. At a technological event in Las Vegas, software cabinetSynamedia recently Wiking a new IA technology that would be able to follow any account taken by sharing its connection information. And while your mooching days can be numbered, it could be for the best since a recent study revealed thatWatch Netflix kills your sex life.
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