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Streaming giants have banded together for lobbying power
(www.theverge.com)
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this post was submitted on 26 Sep 2023
931 points (98.8% liked)
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Anybody can look these numbers up. I'm not sitting on some secret Bloomberg terminal LOL
Then why only mention revenue?
Shareholders: "that's where you're wrong, bucko"
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.
🙄
Did you know profitability =! Net income?
Yes. Did you know that "just Google it, bro" isn't a source?
Positing a claim =! positing a source. That's 0/2.
You can't count, either? That's rough, buddy.
0/3
You specifically chose to quote a sentence about profit and then provide a number that is not profit. What was the point of commenting at all if the number you provided had no relevance?
My quote:
Your misinformed quote:
There's a very important difference there that I think you're not built to understand.
I'm not a shill as far as I know. What if I agree with them that it would have made more sense to mention profit #? Do I instantly become a "shill" too? If so, where can I get my check?
There is no definitive profitability number. Do you remember how the quote said profitability, and not profit? Companies scale their costs based on revenue. https://ycharts.com/companies/NFLX/stock_buyback
Seethe, shills.