Disney to enforce password-sharing restrictions from June: CEO Bob Iger
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Walt Disney's streaming service is set to implement password-sharing restrictions starting in June, as announced by CEO Bob Iger. This move forms a crucial part of Disney's strategy to boost subscriber numbers and transform its streaming business into a profitable venture. The decision follows a similar action taken by competitor Netflix, which saw a significant increase in subscribers. The company gained close to 22 million subscribers in the second half of 2023 after its crackdown on password sharing.