Once a month, as a Saturday treat, Axios checks in with the world's most interesting and consequential people on their passions, quirks and life hacks.
Today, with the help of my colleagues Evan Ryan and Molly Mitchell, our breakfast conversation is with comedian and activist Chelsea Handler, whose "Chelsea" talk show drops on Netflix on Fridays @ noon PT. See "My 6 Big Things" from Instagram co-founder Kevin Systrom.
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Netflix may have gone viral with a humorous tweet about password sharing this week, but Wall Street sees the practice as a drag on the company and its rivals to the tune of billions of dollars in revenue each year.
Why it matters: With competition growing and the cost of content continuing to increase, some streaming companies are likely to consider cracking down on the widespread practice.
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In a regulatory filing on Monday, Netflix released revenue and subscription data that showed the service has grown fastest in regions outside of the U.S. and Canada from 2017 to 2019.
Why it matters: This is the first time Netflix has disclosed subscriber numbers for specific regions. Netflix's streaming business in North America is still growing, but the platform — like other consumer media companies — is increasingly looking to other regions to continue its growth when business inevitably slows down at home.
Portuguese soccer star Cristiano Ronaldo is the highest paid athlete on Instagram, according to a study by analytics company HooperHQ, raking in more than twice what he earns from his contract with Juventus.
The big picture: The power of social media not only highlights soccer’s global reach, but also provides top athletes with another revenue stream in a sport where a single injury can end a career. In 2019, 49 sponsored Instagram posts earned Ronaldo $47.8 million, about $14.7 million more than he's paid by Juventus.