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According to the filing, this change reduced the cash deficit by 35%. That's very different from saying that it reduced overall expenses, or the number of ticke
by teraflop 8y ago
According to the filing, this change reduced the cash deficit by 35%. That's very different from saying that it reduced overall expenses, or the number of tickets purchased, by 35%.
It's not possible to draw conclusions about how many people were "abusing" the service without a lot more information.
- emodendroket 8y agoYou are right. Still, unless there was widespread purchasing of tickets for non subscribers going on, I would expect the effect of that change to be a blip, not a substantial drop in their cash deficit.
- thedufer 8y agoUnless you know more than us about their deficit, we can't really say how big this was. If they were spending 101% of revenues, for example, 35% off their deficit _is_ a blip.
- emodendroket 8y agoI'm just going by this article, but it also suggests their financial situation is so dicey they are in danger of shutting down soon, so that seems unlikely.