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.
Comment on Disney+ Drops 1.3 Million Subscribers Amid Price Hike, Streaming Loss Shrinks by $300 Million
Oderus@lemmy.world 11 months agoTheir greed backfired and they lost money as a result. Music to my ears. Arrr.
andrew@lemmy.stuart.fun 11 months ago
andallthat@lemmy.world 11 months ago
“see this chart here? We lose money for every subscriber! We’ll never make any money until we get rid of all of theml”
Mrkawfee@feddit.uk 11 months ago
Found the Management Consultant
VampyreOfNazareth@lemm.ee 11 months ago
Haha so true
Murdoc@sh.itjust.works 11 months ago
Might lose even less money if we started paying them to watch! Yay, math!
Fester@lemm.ee 11 months ago
Now we’re losing negative money
Cringe2793@lemmy.world 11 months ago
How do you lose money per subscriber? Surely the subscription fee each subscriber pays is enough to offset the server, labor, etc costs, right?
Silentiea@lemm.ee 11 months ago
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.
Silentiea@lemm.ee 11 months ago
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.
corsicanguppy@lemmy.ca 11 months ago
The yachts don’t buy themselves.
Oderus@lemmy.world 11 months ago
Me no read good.
BearOfaTime@lemm.ee 11 months ago
Not your fault, it’s a shitty headline
porksoda@lemmy.world 11 months ago
The wording is confusing but they are making more money from the price hike. They were losing money, they are now losing less money.
ModernRisk@lemmy.dbzer0.com 11 months ago
As a non-native English speaker, I thought the same exact thing. That they lost revenue of 300M.
So unfortunately they are gaining revenue? I wish more people would get into Piracy honestly.
Petter1@lemm.ee 11 months ago
Thing is, if more people go pirate stuff, there are less people financing the movie production, and thus, they have pay more In theory, of course, we don’t know what pile of coins goes to manager, CEO, similar for no reason high paid jobs.
kattenluik@feddit.nl 11 months ago
people pirate enough -> they fix their platform -> people stop pirating because platform good again -> platform becomes awful again -> repeat
asexualchangeling@lemmy.ml 11 months ago
So only pay for stuff you feel comfortable supporting, and pirate the rest, easy
Oderus@lemmy.world 11 months ago
Good point. Thanks for that. 👍