this post was submitted on 08 Feb 2024
385 points (99.5% liked)
Technology
57895 readers
4761 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Unfortunately, no. They were already losing lots of money. They are now losing less money than they were before even after people left. Which is generally what happens if you're losing money for every subscriber and then subscribers leave.
How do you lose money per subscriber? Surely the subscription fee each subscriber pays is enough to offset the server, labor, etc costs, right?
By making up more costs.
More seriously, by evaluating what you could be making by letting someone else run the streaming service and pay you for the rights, instead. It's still a pretty imaginary number, but it does come from something real.
Also, for a business other than Disney, licensing fees for the content they show can be a pretty large cost that needs a lot of subscribers to offset.
The yachts don't buy themselves.
"see this chart here? We lose money for every subscriber! We'll never make any money until we get rid of all of theml"
Found the Management Consultant
Haha so true
Might lose even less money if we started paying them to watch! Yay, math!
Now we’re losing negative money
Me no read good.
Not your fault, it's a shitty headline