this post was submitted on 26 Sep 2023
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[–] [email protected] 143 points 1 year ago* (last edited 1 year ago) (34 children)

streamers are currently being forced to reckon with their profitability — or lack thereof.

Netflix's 2023 2nd quarter revenue: 8.1 billion dollars BTW

[–] [email protected] 62 points 1 year ago (30 children)

Brace yourself for a tidal wave of corporate apologists rushing to point out that “revenue isn’t profit!,!”

[–] [email protected] 69 points 1 year ago (1 children)

The number you're looking for is $1.49 billion in net income for Q2 2023.

[–] [email protected] 44 points 1 year ago (1 children)

See? Clearly not profitable, need more ads

[–] [email protected] 23 points 1 year ago

What's that? You want to share your four-screens-at-a-time account with three other people outside your house?

Fuck you, pay us more.

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