Netflix has seen its subscriber base grow rapidly – suggesting its crackdown on password sharing has gone even better than expected. The company has launched a range of schemes intended to encourage more people to sign up, amid slumping user numbers. They include a cheaper version of the streaming service with ads, but also a password sharing crackdown that proved controversial among users who characterised it as invasive or mean. It appears to have worked to encourage users to sign up, however. The company said in its latest results that it had added 5.9 million users, almost three times what analysts had expected. Netflix ended June with 238.4 million worldwide subscribers. Investors seemed unsatisfied, perhaps rattled by management commentary in a shareholder letter warning “quite a competitive battle” continuing to unfold against the backdrop of ongoing strikes by both the writers and actors union in the US that is already bogging down much of Hollywood and threatening to clog the pipelines feeding entertainment to streaming services. Netflix's stock price fell 4 per cent in Wednesday's extended trading. The decline also could have reflected some investor locking in profits that have accrued while the shares have climbed by more than 50 per cent so far this year. The second-quarter performance marked Netflix’s biggest spring —- traditionally the company's slowest stretch of growth — since gaining 10 million subscribers during the same period in 2020 under dramatically different market conditions. In 2020, people were still largely stuck at home and looking for ways to keep themselves entertained while governments around the world struggled to find a way to contain the spread of pandemic. Now, Netflix finds itself trying to bounce back from a growth slowdown amid stiff video streaming competition and inflationary pressures that have caused many households to clamp down on spending, especially on discretionary items such as entertainment. As an antidote, Netflix last year introduced a low-priced option that includes commercials and then began to block the rampant sharing of passwords that has enabled an estimated 100 million people worldwide to watch its TV series and films for free. Freeloading viewers are now being required to open their own accounts unless a subscriber with a standard or premium plan agrees to pay an $8 monthly surcharge to allow more people living in different households to watch. In its shareholder letter, management said the crackdown on password sharing is resulting in a “healthy conversion of borrower households into full paying Netflix memberships.” And Netflix still isn’t done tinkering. As part of Wednesday’s earnings release, Netflix also revealed it’s phasing out its cheapest ad-free plan – a service that costs $10 in the U.S. Existing subscribers already paying for this basic plan will be allowed to keep it. The shift appears designed to get more people to switch to the $7 monthly plan that includes commercials in hopes of boosting ad revenue or sign up for its $15.50 monthly standard plan or $20 monthly premium plan. “While we’ve made steady progress this year, we have more work to do to reaccelerate our growth,” Netflix management told shareholders in its letter. The pricing changes that have already been made helped Netflix boost its second-quarter revenue by 3% from the same time last year to $8.2 billon, falling below analyst forecasts. Netflix earned $1.49 billion during the period, compared with $1.44 billion last year. But earnings per share came in at $3.29 per share, eclipsing the average analyst estimate of $2.85 per share, according to FactSet. Netflix didn't delve into the potential fallout from the current walkout by in the U.S. by writers and actors. The dispute revolves revolve largely around the payment system used in video streaming and the rise of artificial intelligence technology threatening to exploit the work of humans and eventually replace them. Unlike traditional movie and TV studios in the U.S., Netflix has been able to keep feeding its entertainment pipeline with shows that it has been able to use to keep luring in and retaining subscribers. Additional reporting by AP Read More Stolen ChatGPT accounts for sale on the dark web Geothermal breakthrough uses oil drilling tech to tap renewable energy Solar panel tech breakthrough generates electricity from rain Stolen ChatGPT accounts for sale on the dark web Geothermal breakthrough uses oil drilling tech to tap renewable energy Solar panel tech breakthrough generates electricity from rain

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A subreddit has gained attention on social media after one of the moderators 'warned' a commenter for "overrating" a woman's looks. The subreddit called "True Rate Me" uses a strict numerical system to rate the physical appearance of users who upload selfies onto the website. The subreddit contains a guide for rating women and men at the top of its page and is strict when it comes to enforcing correct ratings. A tweet, originally posted by the account @kirbylarp, contained a screenshot from the subreddit showing a user receiving a "warning" for "overrating" a woman who uploaded her photo to the subreddit. The tweet has since been deleted at the request of the woman in the photo. After the subreddit went viral, users wanted to gain a better insight into how it operates, with many shocked and even "disgusted", whilst some tried to defend the page. Sign up to our free Indy100 weekly newsletter One Reddit user uploaded five photos of herself, saying: "Just curious... 21F" (21, female). Her post had 1.8k comments, and it seemed that any user who rated her seven or above was smacked with a "warning" for giving her too high a rating. One person rated her a seven. "I'd consider going higher, too, if it weren't for mods giving people warnings for anything above 7. According to this sub’s guide, I think you’re prettier than most of the 7’s there, and reading through comments, it doesn’t look like I’m the only one who believes that. I think it’s the mods being subjective with this one…" Another rated her a 6.2. "If you're really only 21, you need to start using sunscreen and daily moisturiser now," one brutal comment read. "Drink lots of water and stop smoking if you do. You're getting away with it, but in a few years, your skin is going to look so wrinkled/old." "5.8 attractive and above average," a third added. "Flaws include lips and skin (possible symmetry issues too). Facial harmony is well above average. The lower third bone structure and profile view are unusually good. Beautiful overall." According to the guide attached to the subreddit, a seven is in the top 2.5%. Actresses Tara Shahidi, Shay Mitchell, and Elizabeth Lail are all considered 7s. Model Emily Ratajkowski is considered a 7.5. "Somewhat uncommon and the most attractive women seen on a day-to-day basis," states the guide. "These women stand out from the crowd and may be able to model or be successful as an 'Instagram model' or influencer." It goes on to describe 7's as having "feminine and attractive" facial features but may possess flaws such as "bulbous nasal tip, slight asymmetry, long mid-face." Men also post photos of themselves for ratings, with a "male 7" being similar to that of a "female 7", but their flaws are considered to be "crooked nose, slight asymmetry, long mid-face, Negative Canthal tilt." Penn Badgley, Tony Chung, and Keith Powers were among those rated a seven. When those outside the subreddit discovered True Rate Me, many took to Twitter to express their shock at some of the comments posted: One user tried to explain that people on the subreddit aren't giving their personal opinions (or at least aren't supposed to) and that all users have to follow the guide. Others lauded those who upload their photos as "brave" people, whilst another user joked they were going to give all women a rating of 10: The subreddit states that it "aims to provide accurate and objective ratings, by implementing standards that give raters a common ground." They also disagrees with the phrase "beauty is in the eye of the beholder", they argue "beauty is more objective than subjective. Why do you think there is always general agreement on which celebrities are attractive and which are not?" In bold at the bottom of the subreddit's wiki page reads: "In order to promote accuracy, rating someone without referencing the scale (UNREALISTIC/SUGARCOATED ratings) may result in a warning and/or immediate ban." Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.

The exchange between the two social media stars comes after Nick Eh 30's earlier roast of IShowSpeed for not winning the Sidemen Charity Match 2023

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