LOS GATOS, CA—With an update the company hailed as a bold feature that would excite existing users and increase membership, streaming giant Netflix announced Tuesday that all of its subscribers would now be required to recruit five new customers. “In the competitive world of streaming media, this restructuring will ensure Netflix remains at the forefront of […]
Imagine running it like a pyramid scheme, where you get a discounted rate on your own subscription when you recruit new people to subscribe.