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According to this site[0], their revenue for 2022 was $31.6B, so $55M would be approximately 0.17%. Stated otherwise, on average, they make $55M every 15 hours
by mynameisash 3y ago
According to this site[0], their revenue for 2022 was $31.6B, so $55M would be approximately 0.17%. Stated otherwise, on average, they make $55M every 15 hours or so. So yeah, it kind of seems like a rounding error.
[0] https://www.statista.com/statistics/272545/annual-revenue-of-netflix/ https://www.statista.com/statistics/272545/annual-revenue-of...
- notimetorelax 3y agoIt's still around 180k of premium subscribers at 25$ per month for a year, not taking into account traffic costs. It's not nothing, it's lost cash and lost opportunity.
- onlyrealcuzzo 3y agoOperating income is ~$6B - so it's closer to 1% of what really matters.
- IshKebab 3y agoRevenue is the wrong number. Their net income is only $1.7b so $55m is not completely insignificant.
- dotcoma 3y agoIMHO the right number is how much they spend to produce movies, shows, series etc. $ 16.7 B in 2022. So, 0,33 %