Netflix subscribers jumped 8% as the company tries to curb password-sharing.

<div class="block">Netflix subscribers jumped 8% as the company tries to curb password-sharing.</div>

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Netflix Password Crackdown Delivers Positive Earnings Report

And let the business headlines that you need to know this morning, Netflix subscribers have jumped 8% gaining a 5.9 million new paid subscribers. In the past quarter. The rise was revealed in the company's second quarter results which come as Netflix does try to curb password sharing across the platform. The streaming giant reported a revenue increase of 2.7% from the previous year reaching $8.2 billion on Netflix's global paid memberships are at 238.4 million and that exceeded Wall Street's expectations.