Disney+ confirms it is cracking down on password sharing, as Bob Iger says 'Netflix got it right'

-Disney+ is cracking down on password sharing -Netflix implemented changes to crack down on password sharing in April 2023 -Disney CEO Bob Iger announced a similar crackdown in June and September 2024 -Disney+ is the third largest streaming platform in Australia -The delay in Disney's crackdown is due to subscriber dropoff and reporting lag -Iger praised Netflix as the "gold standard" in streaming -Iger settled a proxy battle with activist investor Nelson Peltz -Disney focuses on producing local content for international subscribers -Disney+ launched in Australia and the US in 2019 -Password sharing crackdown expected to impact Disney+ in 2025 -Networks cracking down on password sharing to boost subscriber numbers