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JumpyWombat@lemmy.ml ⁨3⁩ ⁨weeks⁩ ago

• tyler@programming.dev ⁨3⁩ ⁨weeks⁩ ago

  It’s noticeable when you look at the price of the subscription. That’s almost $300 million.

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  • JumpyWombat@lemmy.ml ⁨3⁩ ⁨weeks⁩ ago

    [deleted]

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    • tyler@programming.dev ⁨3⁩ ⁨weeks⁩ ago

      That loss affects their stock price, their future outlook, what things they choose to fund, and how much they spend on advertising and trying to recover from this PR disaster.

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    • sexual_tomato@lemmy.dbzer0.com ⁨3⁩ ⁨weeks⁩ ago

      My wage doesn’t have a cost of goods sold line item. If I take in $5b and make $5.5b in revenue, $300m is > 1/2 of my net profit

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    • fmstrat@lemmy.nowsci.com ⁨2⁩ ⁨weeks⁩ ago

      This is flawed thinking. There is no “them” with a huge salary. The people making decisions are salaried or invested employees, and their livelihood depends on the stock regardless. There isn’t “one guy” that this hits, like it would with a salary, there’s thousands of investors which must be appeased.

      Also, it’s likely many of those canceling were people who didn’t use the service as much as power users, which means they’re losing the cheapest to maintain customers (industry insight, no research to back this up, to be clear).

      If we had boycotts and cancelations even a quarter this big across other media giants, our media would be a far better place.

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• calliope@retrolemmy.com ⁨3⁩ ⁨weeks⁩ ago

  A previously-posted Gizmodo article said

  Kabas reports that 1.7 million was 436% above a subscriber loss that’s typical for the same period

  Which I thought was very useful.

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  • shalafi@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

    Kabas is the reporter and I still haven’t seen where they got that number.

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• cygnus@lemmy.ca ⁨3⁩ ⁨weeks⁩ ago

  If my googling is right, in total there are ~207 million subscribers.

  This says 128M, which seems far more plausible. variety.com/…/disney-stop-reporting-subscriber-nu…

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  • JumpyWombat@lemmy.ml ⁨3⁩ ⁨weeks⁩ ago

    [deleted]

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    • cygnus@lemmy.ca ⁨3⁩ ⁨weeks⁩ ago

      I don’t think those numbers are additive like that - you’d be double-counting people.

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      • meliante@lemmy.pt ⁨3⁩ ⁨weeks⁩ ago

        They pay more than once as well?

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• Ilovethebomb@sh.itjust.works ⁨3⁩ ⁨weeks⁩ ago

  I suspect they’d have lost a lot more if this dragged on longer, he was back in a few days.

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• Eq0@literature.cafe ⁨3⁩ ⁨weeks⁩ ago

  Consider that the full number is world wide. How many of them are US based or US involved?

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