Welcome back to the high seas mateys!
🏴☠️
streamers are currently being forced to reckon with their profitability — or lack thereof.
Netflix’s 2023 2nd quarter revenue: 8.1 billion dollars BTW
Brace yourself for a tidal wave of corporate apologists rushing to point out that “revenue isn’t profit!,!”
Anybody can look these numbers up. I’m not sitting on some secret Bloomberg terminal LOL
Then why only mention revenue?
I didn’t realize people can’t do a 10 second google search on their own. 🙄
Net income isn’t the whole story anyways, especially when this article points out that one of their costs is lobbying for a cause that isn’t necessary. They’re raking in billions of dollars every year.
“just Google it, bro” is never a source.
Not my fault you aren’t capable of typing 4 words into a search engine.
It’s not a ‘source’, bud.
🙄
