cross-posted from: https://slrpnk.net/post/6302705
Fake news. Netflix is the only one making a profit. https://www.cnbc.com/2023/09/17/hollywood-streaming-profits-struggles.html
I don’t know why lemmy users love spreading misinformation that all streaming platforms are taking in profit hand over fist.
I’m not talkong about streaming services in an isolated case, I’m talking about the entire company behind it. It only makes sense to evaluate them as a whole and not their subcategories in isolation from the rest of their company.
Paramount, Disney and HBO are profiting in the billions.
You were talking about the streaming platform specifically as an industry.
it’s an industry that’s earning literal billions every single year…they absolutely don’t need to have ads, they could serve their paying users a good ad-free product, and still make money. They choose to deliberately annoy their paying customers because they’re fucking greedy.
It’s okay to be corrected.
