Comment on Netflix is garbage
Switorik@sh.itjust.works 18 hours agoI will never understand investors. Anyone with half a brain can put two and two together when a company starts hiding anything. Investors have no idea what they’re doing, they just trust the customer will make them money, get angry when they’ve been duped, and will do it again.
In this case, the ads are probably bringing in less per viewer than the service costs, so having non-paying viewers is still a net negative.
Clamping down on this is probably a worse negative in the long run, but investors only care about this quarter.
Considering how many streamers are encouraging people to sign up for the ad-supported plans, I think they’re making more money from the ads. Of course, they’re double-dipping just like the cable companies used to do. Charging for a subscription, and then making even more money by showing you ads.
huppakee@lemmy.world 17 hours ago
Not all investors are in it for the long run. Some just expect a short boost or go short betting on a loss.