🍹Early to RISA 🧉@sh.itjust.worksM to Greentext@sh.itjust.works · 3 days agoAnon gives a piracy history lessonsh.itjust.worksexternal-linkmessage-square214fedilinkarrow-up11.41Karrow-down122
arrow-up11.38Karrow-down1external-linkAnon gives a piracy history lessonsh.itjust.works🍹Early to RISA 🧉@sh.itjust.worksM to Greentext@sh.itjust.works · 3 days agomessage-square214fedilink
minus-squarefrayedpickles@lemmy.cafelinkfedilinkEnglisharrow-up1·edit-21 day agoI can’t prove the data wrong, but I will say it’s not particularly uncommon for businesses to move money around in an effort to make new product seem better or more profitable than it is. Tons of incentives to do so, little reason not to. Also since you quote revenue not profit, they were still net unprofitable as of 2023 https://www.hollywoodreporter.com/business/business-news/streaming-profit-report-netflix-disney-warners-paramount-nbcu-1235868631/
minus-squareGestrid@lemmy.calinkfedilinkEnglisharrow-up2·edit-224 hours ago it’s not particularly uncommon for businesses to move money around in an effort to make new product seem better or more profitable than it is. Didn’t Xbox do something like this? I heard they converted all remaining Xbox Live subscribers to Xbox Game Pass.
I can’t prove the data wrong, but I will say it’s not particularly uncommon for businesses to move money around in an effort to make new product seem better or more profitable than it is. Tons of incentives to do so, little reason not to.
Also since you quote revenue not profit, they were still net unprofitable as of 2023 https://www.hollywoodreporter.com/business/business-news/streaming-profit-report-netflix-disney-warners-paramount-nbcu-1235868631/
Didn’t Xbox do something like this? I heard they converted all remaining Xbox Live subscribers to Xbox Game Pass.