A silhouette of a hand holding a lock in front of Netflix's logo.
Netflix's password-sharing ban and cheaper subscription options were a boon for the streaming company in 2023.
  • Netflix added almost 30 million subscribers in 2023 after cracking down on password sharing in May.
  • Customers balked at the idea, but in the end Netflix prevailed.
  • Netflix also could roll out more subscription tiers to add more subscribers, economist says. 

When Netflix announced it was mulling a ban on password sharing a few years ago, subscribers immediately balked.