Welcome to Incremental Social! Learn more about this project here! Check out lemmyverse to find more communities to join from here!
darganon , 30 days ago Netflix is a public company, you can just go look at how wrong you are about this. They took in $9.3 billion in Q1 2024, and spent $702 million on "technology" and $3.7 billion on adding "content assets" Their net profit was $2.3 billion, for one quarter. They could afford to just charge less money, but the line must go up.
Netflix is a public company, you can just go look at how wrong you are about this.
They took in $9.3 billion in Q1 2024, and spent $702 million on "technology" and $3.7 billion on adding "content assets"
Their net profit was $2.3 billion, for one quarter. They could afford to just charge less money, but the line must go up.