Azul Airlines Wins Court Approval for $2 Billion Debt Restructuring and New Capital Raise 
Moore Threads Stock Slides After Risk Warning Despite 600% Surge Since IPO 
Apple App Store Injunction Largely Upheld as Appeals Court Rules on Epic Games Case 
SK Hynix Considers U.S. ADR Listing to Boost Shareholder Value Amid Rising AI Chip Demand 
US Charges Two Men in Alleged Nvidia Chip Smuggling Scheme to China 
SpaceX Begins IPO Preparations as Wall Street Banks Line Up for Advisory Roles 
EssilorLuxottica Bets on AI-Powered Smart Glasses as Competition Intensifies 
Air Force One Delivery Delayed to 2028 as Boeing Faces Rising Costs 
Nvidia Develops New Location-Verification Technology for AI Chips 
Australia Enforces World-First Social Media Age Limit as Global Regulation Looms 
Intel’s Testing of China-Linked Chipmaking Tools Raises U.S. National Security Concerns 
Evercore Reaffirms Alphabet’s Search Dominance as AI Competition Intensifies 
U.S. Greenlights Nvidia H200 Chip Exports to China With 25% Fee 
SK Hynix Labeled “Investment Warning Stock” After Extraordinary 200% Share Surge 
Trello Outage Disrupts Users as Access Issues Hit Atlassian’s Work Management Platform 
SpaceX Insider Share Sale Values Company Near $800 Billion Amid IPO Speculation 
Disney+, Hulu, and ESPN+ have updated their subscriber agreement to prohibit sharing accounts with people outside households. The Walt Disney Company has changed the terms of its streaming platforms' user agreements to stop non-subscribers from using its services.
Disney+, Hulu, and ESPN+ will ban the practice of password sharing, which allows people outside of subscribers' households to stream their programs for free. This move comes after Disney's leading competitor in the streaming business, Netflix, took steps to stop the illegal sharing of passwords. Netflix's profits surged after its successful crackdown that started last year.
Limiting Usage of Streaming Services
As per CNN Business, Hulu's, Disney Plus', and ESPN Plus' user agreements were revised to prevent illegal users from impersonating actual subscribers by using their username and password. In this way, they enjoy streaming at no cost.
It was reported that all three Disney-owned streaming platforms updated their respective agreements late last week. The password-sharing ban was implemented first on Disney Plus and ESPN+, and Hulu was the last to implement the crackdown.
Hulu to Commence Clampdown on Illegal Password-Sharing
The Hollywood Reporter reported that Hulu will start cracking down on password and account sharing next month. The streaming site has already informed its subscribers about the updated agreement, which they must acknowledge.
The terms and conditions are set to take effect on March 14. In any case, the changes in Hulu's agreement are said to be similar to Disney+.
"Unless otherwise permitted by your Service Tier, you may not share your subscription outside of your household," part of Hulu's new terms read. "'Household' means the collection of devices associated with your primary personal residence that are used by the individuals who reside therein."
Hulu added, "We may, in our sole discretion, analyze the use of your account to determine compliance with this agreement. If we determine, in our sole discretion, that you have violated this agreement, we may limit or terminate access to the Service and/or take any other steps as permitted by this agreement."
Photo by: Tech Daily/Unsplash
