Know The Difference Minute

Producing content is expensive. Is borrowing a login content stealing? These streamers think so. 

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Welcome to the Know the Difference Minute for Thursday, February 1st.
Back in the day, Netflix actually encouraged people to share passwords. That came to a screeching halt a year ago—and it was a move that paid off. It was a bit of a gamble, but many freeloaders signed up for their own accounts. 13 million in the last quarter.
Disney CEO Bob Iger talked about this last year. Starting March 14th, Disney will be adding limitations on sharing accounts outside of the primary household. It’s a 3-for-one move affecting Disney Plus, ESPN Plus and Hulu.
As pressure builds on the bottom line for content producers, is this a glimpse of the future. Why wouldn’t Max, Apple TV Plus, Peacock, and Paramount do the same?
Producing content is expensive. Is borrowing a login content stealing? These streamers think so.
I’m Dave Spano from Annex Wealth Management. That is your Know the Difference Minute.