To be clear, revenue does not equal profit.
Comment on Streaming giants have banded together for lobbying power
stonedemoman@lemmy.world 9 months ago
streamers are currently being forced to reckon with their profitability — or lack thereof.
Netflix’s 2023 revenue: 8.1 billion dollars BTW
rebul@kbin.social 9 months ago
stonedemoman@lemmy.world 9 months ago
Net income doesn’t equal profitability either. Companies scale their costs based on revenue, including stock buybacks.
ramblinguy@sh.itjust.works 9 months ago
On a tangent, and nothing to do with you, but I don’t like how these streaming companies are being called “streamers”. Streamers are those people streaming on twitch, not a company like Netflix damnit.