Netflix subscriptions rise following password crackdown, according to Monzo data

manchestereveningnews.co.uk:

New data shows that Netflix subscriptions have seen a spine after the platform cracked down on password-sharing. Monzo's yearly spending data, which reveals the shopping habits of more than eight million British customers, showed spending on Netflix increased by nearly a quarter following its new policy in May.

This was compared with the first few months of the year. The streaming platform introduced a new cost for users who wanted to add extra members to use their accounts outside of the household.

WHile the move was originally criticised, it seems to have done well for the company after it revealed in October that it had 9 million new subscribers around the world. Read more: My £16 heated hoodie keeps me warm all day without the need for central heating Read more: I was sick of wasted wax inside my candles, so I found a way to stop it Meanwhile, cinemas in the UK saw a boost in spending around the release of Barbie and Oppenheimer, with surgery of 260 per cent on July 22 when both films came out.

People were also found to have spent more cash on tickets to live shows. Spending at Ticketmaster shot up by 340 per cent on February 7 - when Beyonce released tickets for her Renaissance world tour.