i read the article on netflix that was like “we lost 2.6 billion dollars last year because of people sharing their password :’(((”
so lets see. netflix apparently has 139,260,000 accounts, with each and every one of those accounts paying anywhere from $13 to $16 a month, which means each account is generating about $156 to $192 every year, which all adds up to, unless i messed up my math, $21,724,560,000 generated every year. Twenty one billion dollars, at least.
so fuck you and fuck your crocodile tears lmao. you’re never going to make any of your bad decisions this seem justified.
You know what I’m still annoyed with this because no, Netflix, you did not lose a single fucking penny. You did not lose money from people sharing their accounts, they did not physically take the money from you. Your profits did not go down, they just didn’t rise as much as you wanted them to, and you consider that a catastrophic loss of billions of dollars. Fuck off.
read math in your media carefully and always ask yourself
- what information is being left out?
- what information has been written to sound as dramatic as possible?
- what information used propagandizing language?
In this case, the headline should have read “Netflix potentially could have made an extra 11% profit if accounts used on all shared devices payed individually”