this post was submitted on 26 Sep 2023
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[–] stonedemoman@lemmy.world 0 points 1 year ago* (last edited 1 year ago) (1 children)

streamers are currently being forced to reckon with their profitability — or lack thereof.

Netflix's 2023 2nd quarter revenue: 8.1 billion dollars BTW

[–] underisk@lemmy.ml 0 points 1 year ago (1 children)

Brace yourself for a tidal wave of corporate apologists rushing to point out that “revenue isn’t profit!,!”

[–] stonedemoman@lemmy.world 0 points 1 year ago (1 children)

Anybody can look these numbers up. I'm not sitting on some secret Bloomberg terminal LOL

[–] SpaceNoodle@lemmy.world 0 points 1 year ago (1 children)

Then why only mention revenue?

[–] stonedemoman@lemmy.world 0 points 1 year ago (1 children)

I didn't realize people can't do a 10 second google search on their own. 🙄

Net income isn't the whole story anyways, especially when this article points out that one of their costs is lobbying for a cause that isn't necessary. They're raking in billions of dollars every year.

[–] SpaceNoodle@lemmy.world 0 points 1 year ago (1 children)

"just Google it, bro" is never a source.

[–] stonedemoman@lemmy.world 0 points 1 year ago (1 children)

Not my fault you aren't capable of typing 4 words into a search engine.

It's not a 'source', bud.

[–] SpaceNoodle@lemmy.world 0 points 1 year ago (1 children)
[–] stonedemoman@lemmy.world -1 points 1 year ago (1 children)

Did you know profitability =! Net income?

[–] SpaceNoodle@lemmy.world 0 points 1 year ago (1 children)

Yes. Did you know that "just Google it, bro" isn't a source?

[–] stonedemoman@lemmy.world -1 points 1 year ago (1 children)

Positing a claim =! positing a source. That's 0/2.

[–] SpaceNoodle@lemmy.world 0 points 1 year ago (1 children)

You can't count, either? That's rough, buddy.

[–] JoMiran@lemmy.ml -1 points 1 year ago

Welcome back to the high seas mateys!

🏴‍☠️