Warner Bros. Stock Rises. Max Follows Netflix By Cracking Down on Password Sharers. - Barron's
1. WBD introduces Extra Member Add-Ons for Max at $7.99 monthly. 2. Shares rose 2.6% to $8.16 pre-market amid positive market trends. 3. Feature aims to reduce password sharing, seeking additional revenue. 4. Netflix's past adjustments serve as a potential model for WBD's strategy. 5. Concerns arise over potential consumer spending cuts due to inflation.