You might have seen the apocalyptic news program that Netflix is planning to stop us sharing passwords sprawled across the Internet over the preceding few day . But do n’t panic ! In what looks like an excellent example of cyberspace - based Formosan whispers , a comment in a Netflix Q3 Earnings audience has the web ablaze with worry about an close at hand and non - existent password - sharing crackdown .
Inthe audience , useable on YouTube , Michael Morris from Guggenheim Securities asked Netflix Chief Product Officer Greg Peters about watchword sharing . “ Another matter that we have n’t talk about in a small while is parole sharing or stealing or whatever you want to call it . As we get to a more ripe growth trajectory in the US , does that come back into being something important for you to come up to ? And how do you address it without , you recognise , estrange a certain fortune of your user base , how do you strike a balance there ? ”
The answer does n’t seem to arrange any alarm bells skirt . “ We continue to supervise it , so we ’re take care at the situation , ” Peters told Morris . “ And you know , we ’re getting those consumer - friendly fashion to tug on the bound of that , but we ’ve pose no big plans to announce at this spot in time in damage of doing something other than there ! ”
Sharing word to access streaming capacity is a bit hazy when it hail to moral philosophy and even legality . In the US , share-out is potential to number under theComputer Fraud and Abuse Act , a 1984 law that has often been criticize for not having keep up with the time .
fortunately , it ’s very unconvincing that anyone would actually be prosecuted by it . According toNetflix insurance policy , account holder should n’t be sharing their passwords with anyone , but the gamy - ups at Netflix do n’t seem too worried . At least they were n’t in 2016 . Back then , Netflix CEO Reed Hastings did n’t care . Quite the opposite , in fact .
" We screw mass share Netflix , " Hastings said during theConsumer Electronics Show . " That ’s a positive matter , not a electronegative thing . "
Hopefully , if you were upset about an impending crackdown , this will have put your mind at ease . you may chink out the audience below .
