Netflix’s password sharing crackdown and lower price plan lead to an increase in subscriptions

Netflix Inc. (NFLX) reported modest growth in earnings and revenue as net subscriber additions increased in the latest quarter due to the company’s global crackdown on password sharing and the continued rollout of a new, lower-priced subscription tier. The company’s shares fell as much as 8% in extended trading. Key things Netflix reported about 5.9 […]