Netflix adds more than 2.4 million subscribers, reveals details about password-sharing crackdown

(CNBC)

Netflix shares skyrocketed more than 14% after the bell Tuesday as the company posted better-than-expected results on the top and bottom lines. The streamer also reported the addition of 2.41 million net global subscribers, more than doubling the adds the company had projected a quarter ago.

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Additionally, Netflix will begin to crack down on password sharing next year, opting to allow people who have been borrowing accounts to create their own.

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