4 ms·
The $10.5B number is bullshit. It assumes every piracy stream user would've been a paying customer (which is false), and they would have paid the full, non-sale
by AzzyHN 2y ago
The $10.5B number is bullshit. It assumes every piracy stream user would've been a paying customer (which is false), and they would have paid the full, non-sale value (also false).
For subscriptions, they usually add up the cost over at least 12 months. Sometimes longer.
- itake 2y agoThe article says they made 250M euro/mo or 3b/yr. If they operated for 4 years, that would be 12B of money lost. They probably haven't made 250m/mo for 4 years, but they probably have also been operating longer than 4 years.
- BLKNSLVR 2y agoI think the $250m per month is included in the "number is bullshit" description, given that the $10B is an extension of the $250m/mo.