Disney is tightening its policy on password sharing for its Disney+ streaming service, aiming to boost signups and revenue. CEO Bob Iger announced in a CNBC interview that starting in June, Disney+ will begin enforcing restrictions on password s🍃haring in some countries, with broader enforcement planned for September. While Disney’s terms of service already prohibit users from ൲sharing login information, enforcement has been limited.
Sharing Is No Longer Caring? Disney+ Password Sharing Gets An Expiration Date
Get ready to pay for your own Disney+! The popular streaming service will start enforcing stricter rules on password sharing in some countries this June, with a 𒆙wider rollout planned for September.
This move follows a similar initiative by Hulu, another Disney-owned streaming platform, which started limiting account sharing outside households in March. Disney's decꦫision is influenced by Netflix's success after its crackdown on password 🐼sharing, which led to a significant increase in sign-ups. For instance, Netflix added 100,000 new accounts in just two days post-enforcement.
Disney chief executive Bob Iger
Jordan Strauss
Disney hopes that curbing password sharing will contribute to the profitability of Disney+. Despite its popularity, the streaming service continues to operate at a loss. Iger expressed admiration for Netflix's achievements, indicating Dis👍n𓄧ey's aspiration to replicate its success.
While Disney+ has streamlined its streaming business, specifics regarding the restructuring re🎉main undisclosed. The password crackdown has been anticipated for some time, with Iger previously highlighting it as a priority to drive Disney's growth strategy.
Disney's move signals a shift towards stricter enforcement of digital access policies, aligning with industry trends and a♌iming to enhance the company's streaming revenue and overall business perf♉ormance.
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