mesa@piefed.social to Technology@lemmy.worldEnglish · 5 hours agoDisney reportedly lost 1.7 million paid subscribers in the week after suspending Kimmelwww.engadget.comexternal-linkmessage-square40linkfedilinkarrow-up1343arrow-down13
arrow-up1340arrow-down1external-linkDisney reportedly lost 1.7 million paid subscribers in the week after suspending Kimmelwww.engadget.commesa@piefed.social to Technology@lemmy.worldEnglish · 5 hours agomessage-square40linkfedilink
minus-squaretyler@programming.devlinkfedilinkEnglisharrow-up19·3 hours agoIt’s noticeable when you look at the price of the subscription. That’s almost $300 million.
minus-squareJumpyWombat@lemmy.mllinkfedilinkEnglisharrow-up12arrow-down5·3 hours agoCalculate the 0.6% of your wage: that’s what $300M is for them.
minus-squaresexual_tomato@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up6·1 hour agoMy wage doesn’t have a cost of goods sold line item. If I take in $5b and make $5.5b in revenue, $300m is > 1/2 of my net profit
minus-squaretyler@programming.devlinkfedilinkEnglisharrow-up21·3 hours agoThat loss affects their stock price, their future outlook, what things they choose to fund, and how much they spend on advertising and trying to recover from this PR disaster.
minus-squareJumpyWombat@lemmy.mllinkfedilinkEnglisharrow-up6·2 hours agoI’m sure that lots of managers are having lots of meetings to discuss what happened, and that’s probably the hardest hit they had: noise. The revenues will be slightly impacted but they will hardly notice it on quarterly reports. Does that impact the company value? I don’t think so.
It’s noticeable when you look at the price of the subscription. That’s almost $300 million.
Calculate the 0.6% of your wage: that’s what $300M is for them.
My wage doesn’t have a cost of goods sold line item. If I take in $5b and make $5.5b in revenue, $300m is > 1/2 of my net profit
That loss affects their stock price, their future outlook, what things they choose to fund, and how much they spend on advertising and trying to recover from this PR disaster.
I’m sure that lots of managers are having lots of meetings to discuss what happened, and that’s probably the hardest hit they had: noise.
The revenues will be slightly impacted but they will hardly notice it on quarterly reports.
Does that impact the company value? I don’t think so.