Comment on All the ways streaming services are aggravating their subscribers this week

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darganon@lemmy.world ⁨6⁩ ⁨months⁩ ago

Netflix is a public company, you can just go look at how wrong you are about this.

They took in $9.3 billion in Q1 2024, and spent $702 million on “technology” and $3.7 billion on adding “content assets”

Their net profit was $2.3 billion, for one quarter. They could afford to just charge less money, but the line must go up.

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