On its blog, Goodfil.ms details the actual changes Netflix made to its policies and gives you a birds-eye view:
This looks to us like a play to keep users from moving their viewing history onto competing services, and to stop their users from seeing gaps in their content library that may be available for purchase elsewhere. While this might be in their short term interest, in the longer term, making it harder for people who want to spend money watching films legally online cannot be a good business decision.
Netflix excels at making 180-degree decisions lately, especially terrible ones.
via Lex Friedman