If that was true, I wouldn't have climaxed.
circuscritic
Really this just sounds like YT membership, allowing users to create subscriptions for premium/special content e.g. gambling picks, porn, etc.
If that's all it was intended to be, it could have been an actually useful and not intrusive monetization strategy....5 years ago.
Even if that's how the feature gets rolled out now, unless it's an unmitigated disaster, I don't see them being capable of not overplaying their hand.
They will assume that because some users are willing to pay for private porn content, or gambling pick subreddits, that of course most users must also be willing to pay for cat photos and memes.
Personally, I am all for it. I am for Reddit making the worst choices possible and speed running their decline. Mostly, I would like a user exodus that results in Lemmy finally getting growth in a lot of their more niche communities that still keep me using Reddit on occasion.
I realize the article was written to make it sound like they lost money on this, but I would be shocked if they had.
To vastly oversimplify it, private equity does a few things to make money on the companies they acquire:
- Significantly reduce staff, and increasing workload
- Strip and sell off individual assets
- Load the company with debt
The last parts are where it goes from amoral to "HOW THE FUCK IS THAT LEGAL?"
The private equity firm will have its own separate entities that provide a variety of services, for example janitorial or administrative.
The new private equity owners will then replace all the current vendors, with their own entities at a expentionally hirer costs. All the while, paying themselves gigantic consulting fees.
Basically those are all just ways to legally embezzle money by extracting all the resources from the company. Once that's done, they'll sell the last thing of value: the brand name itself e.g. CNET, VICE, etc.
If there is no money in the brand itself, then they'll just dissolve the company.
It's important to note the reason all this kicked off is a Russian boxing organization
That is what I was responding to. Your flippant dismissal of what the IBA actually is: a highly relevant intentional sporting organization for boxing, which is still true despite their current situation.
Shit on them for everything you laid out, their farsical antics this week, blatant corruption, or any other number of issues, but don't intentionally mislead and mischaracterize them to an audience that most likely largely ignorant of amateur boxing or combat sports in general. Or at least, that is assuming as there are no active combat sports communities on Lemmy that I have seen, be it MMA, boxing, kick boxing, etc.
It's not a Russian organization, it's the IBA - which is the premier amateur boxing organization/confederation, which is currently headed by a Russian national.
And his time in office has been a smashing success, such as when the IOC withdrew their recognition of the IBA, which removed the IBA from any involvement/participation in Olympic Boxing.
What I'm about to say is coming directly from my own asshole, so if someone actually knows what they're talking about cares to explain why I'm wrong, I'm open to hearing it.
This feels like an attempt to try extract as much capital as possible before other civil lawsuits and/or regulatory actions are able to do to the same.
Piped apps have been broken at least 6 - 8 times in the past couple of weeks.
It's the biggest Google effort I've seen to crack down on 3rd party YT clients.
I actually used to pay for YT premium, then they removed my discount AND raised the price to over $12/mo.
Sometimes I do miss my algorithm feed, just not enough to watch YT ads, or pay $12 - 15/mo.
Instant Pot didn't simply go bankrupt. It was busted out by private equity.
.....you don't have OOBM on every single networked device and terminal? Have you never heard of the buddy system?
You should probably start writing up an RFP. I'd suggest you also consider doubling up on the company issued phones per user.
If they already have an ATT phone, get them a Verizon one as well, or vice versa.
At my company we're already way past that. We're actually starting to import workers to provide human OOBM.
You don't answer my call? I'll just text the migrant worker we chained to your leg to flick your ear until you pick up.
Maybe that sounds extreme, but guess who's company wasn't impacted by the Crowdstrike outage.
This isn't a court of law, or the privatized forced mandatory arbitration that has mostly replaced it.
Out of curiosity, in your view, what has Google done to deserve the benefit of the doubt?
ISO certification does require a bit more effort than just the bare minimum necessary to legally advertise specific claims about a product.
That doesn't mean all M-Disc manufacturing is immune to shitty business practices of a manufacturer, but they do have to meet certain manufacturing specifications.
I don't see the issue here.
I detest what Spotify has been, and is doing, to artists, but this isn't that.
Spotify jump started a market by infusing it with cash, and then ran out of cash. It sounds similar to when a patron of the arts no longer has the funds available for patronage.
Yes, it sucks for those people who lost their funding, but podcasts are profitable all over without the infusion of cash from Spotify.
I realize that those with a large overhead, or those who are otherwise just unable to adapt, are in a shit situation, but I suspect the rest of them, and those that follow, will adopt the monetization strategies of other successful podcast markets.
Also, who the fuck wants to use the Spotify app for podcasts? Jesus I would never subject myself to that, they'll be better off for it in no time.