Comment on Netflix Windows app is set to remove its downloads feature, while introducing ads
linearchaos@lemmy.world 4 months agoThere’s not enough guaranteed margin in a single combined streaming and production house to feed the employees, investors, and media moguls.
None of these companies are being outright assholes (well not more than normal). The business model is simply not sustainable and they’re doing whatever they can to slow the inevitable collapse. We’re producing 10 times the content we used to produce, and the revenue from the streamers is nowhere near enough to cover the bills.
three20three@lemmy.world 4 months ago
What?
linearchaos@lemmy.world 4 months ago
Why would you use the gross numbers that don’t include the price of making the movies?
Netflix is in reasonably green but it’s the only one
Disney Plus is still in the red if you include their ESPN streaming.
Warner/discovery/max is barely in the green at 100 million.
three20three@lemmy.world 4 months ago
Revenue in Q4 grew 12% year over year, to $8.83 billion, higher than Netflix’s previous forecast due to favorable foreign exchange rates and “stronger than anticipated membership growth,” the company said. ****Net income was $938 million, or $2.11 per share.
linearchaos@lemmy.world 4 months ago
I’ll give you the silver star for participation award. Now you want to talk about how they’re the only truly profitable company or does that straight too far from your agenda?