• Switorik@sh.itjust.works
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    21 hours ago

    I will never understand investors. Anyone with half a brain can put two and two together when a company starts hiding anything. Investors have no idea what they’re doing, they just trust the customer will make them money, get angry when they’ve been duped, and will do it again.

    • huppakee@lemmy.world
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      21 hours ago

      Not all investors are in it for the long run. Some just expect a short boost or go short betting on a loss.

    • IrateAnteater@sh.itjust.works
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      21 hours ago

      In this case, the ads are probably bringing in less per viewer than the service costs, so having non-paying viewers is still a net negative.

      Clamping down on this is probably a worse negative in the long run, but investors only care about this quarter.

      • reddig33@lemmy.world
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        19 hours ago

        Considering how many streamers are encouraging people to sign up for the ad-supported plans, I think they’re making more money from the ads. Of course, they’re double-dipping just like the cable companies used to do. Charging for a subscription, and then making even more money by showing you ads. The OP’s screenshot is like how they used to charge for each cable descrambler box in a home. Wanna watch in both the bedroom and the living room? Pay up!

        It’s just greed.