Password-sharing for over-the-top (OTT) video services like Netflix will cost the content industry US$500 million (€450 million) in 2015, according to Parks Associates.

The research firm’s ‘Cost of Piracy’ report claims that 6% of US broadband homes use an OTT video service that is paid for by a person living outside of the household.

Among people aged 18-24, 20% of OTT users were found to use an OTT video service paid by someone outside the home – the highest of any age group. The equivalent figure for OTT users aged 25-34 year-olds was 10%.

From the article "OTT password-sharing to cost industry US$500 million."

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