Streaming competitor Disney+ is looking to boost revenue with live sports tier

  • Mudface@lemmy.world
    link
    fedilink
    arrow-up
    1
    arrow-down
    5
    ·
    1 year ago

    They will have higher overhead from the writers demands, that cost is usually passed onto consumers

      • Mudface@lemmy.world
        link
        fedilink
        arrow-up
        3
        arrow-down
        1
        ·
        edit-2
        1 year ago

        I’m just telling you how it works, man.

        Gotta show quarter over quarter growth. You don’t have to like it, but don’t take it out on me

        • Flying Squid@lemmy.world
          link
          fedilink
          arrow-up
          5
          arrow-down
          2
          ·
          1 year ago

          They will still have that growth. Just a fraction of a percent less. And they are using that to justify raising their prices.

          • danhakimi@kbin.socialOP
            link
            fedilink
            arrow-up
            2
            arrow-down
            3
            ·
            edit-2
            1 year ago

            Revenue growth down from 3% to 2% is significant, especially considering that’s an even bigger hit to growth in profits. They want to make their investors happy, they have a perfectly reasonable PR cover to raise their prices by a few dollars a month, so they’ll do it. What part of this is confusing?

            • Flying Squid@lemmy.world
              link
              fedilink
              arrow-up
              3
              ·
              1 year ago

              Again, less than 1%. Read the article.

              Here, I’ll even paste the relevant part:

              The guild then compared these costs to companies’ annual revenues and calculated the percentage that these costs would represent compared to those profits. The costs would account for 0.091 percent of Disney’s revenue, 0.214 of Netflix’s, 0.108 percent of Warner Bros. Discovery’s, 0.148 percent of Paramount Global’s, 0.028 percent of NBC Universal’s and 0.006 percent of Amazon’s, the WGA claims.

              Are you really going to claim that 0.214% less revenue justifies a price hike?

              • danhakimi@kbin.socialOP
                link
                fedilink
                arrow-up
                3
                arrow-down
                1
                ·
                edit-2
                1 year ago

                one of their large investors saying “hey, hike prices” justifies a price hike. A profit reduction equal to .214% of revenue (and other concessions that could hurt the company in other ways) is far more than the amount of justification they need.