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Disney+ To Join Netflix in Password Sharing Crackdown, CEO Bob Iger Says

Financial Concepts

Definition

Key Takeaways Disney CEO Bob Iger said Disney+ will start cracking down on password sharing in June.The move comes after Netflix reported subscriber and revenue growth following its own crackdown on password sharing.Analysts said a crackdown would benefit Disney, with UBS noting there may be around 18 million password "sharers" in the U.S. and 46 million worldwide.Disney is on track to make a prof

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