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Instead of shutting it down and laying everyone off, they could spin it out to be not-a-business though. Not everyone is an investor in an industry they don't
by 8note 3y ago
Instead of shutting it down and laying everyone off, they could spin it out to be not-a-business though.
Not everyone is an investor in an industry they don't care anything about - somebody who loves cycling could own and run GCN without needing to beat treasuries
- dehrmann 3y agoHobby/lifestyle/passion businesses are interesting. People will basically run them at-cost (or even a loss) because they enjoy what they do.
- dylan604 3y agoOf the people your suggesting to no layoff, how many of them are going to make that transition to working for a not-a-business? Doesn't seem like a smart move. I'm also not sure how much experience you have with creating content for some form of broadcast or how much experience you have running the broadcast side of things. Some one has to schedule the content to avoid dead air. Someone has to set up the ad breaks so that you can hopefully monetize it. Someone has to put the content in the correct format for the streaming system to use. Someone has to wrangle/manage all of that wonderful metadata about that content so someone wonder WTF this channel is about can have a clue. What backend are you using to do the streaming? Who's going to maintain that when some intern at the cloud provider you're using runs an update to a core router? yeah, i might be to close to this as i've been around linear channels for streaming and back to bouncing the feed to a satellite for distribution. it is irksome to read someone's "just do it for free" like it's no big deal