Password-Sharing Millennials Are Destroying Streaming Profits
The sharing of passwords forNetflix, Hulu, HBO Go, and other platforms, is putting a huge strain on the currentstreamingbusiness plan. It is has been reported that 35 percent of millennials are sharing their login information compared to 19 percent of Generation X and 13 percent of the Baby Boomers. As a result, some of the streaming platforms are losing out on hundreds of millions on revenue. According to recent studies, Hulu loses over a $1 billion a year because of sharing passwords....