Netflix: Piracy is Difficult to Compete Against and Growing Rapidly
Netflix: Piracy is Difficult to Compete Against and Growing Rapidly
Netflix believes that it's difficult to compete against the free entertainment piracy offers. Not only that, it's growing rapidly too.
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Operating Revenue: 33,723,297,000
Cost of Revenue: 19,715,368,000
Gross Profit: 14,007,929,000
Operating Expense: 7,053,926,000
Operating Income: 6,954,003,000
"Our profits may be obscene, but they're not obscene enough! How could these evil pirates ever do this to us?"
The constant growth aspect of capitalism means that profits are never obscene enough for any business.
Hmmmmm it's almost like growing infinitely large is not sustainable. Who would have thought?
What a communist thing to say. Are you a communist? Why do you hate freedom?
Communism is when you don't convert all resources in the universe to large digital numbers
I like dividing net profit by total employees in 2022 they could pay everyone $350k extra that year.
4.49bil/12800
All we can do is 50k and some fruits in the office.
And a pizza party at the end of the year!
Note: Pizza will count as a taxable benefit in kind.
Maybe 3.5k and a pizza party.
won't somebody think of the
parasitesshareholders‽