mesa@piefed.social to Technology@lemmy.worldEnglish · 13 hours agoDisney reportedly lost 1.7 million paid subscribers in the week after suspending Kimmelwww.engadget.comexternal-linkmessage-square64fedilinkarrow-up1659arrow-down18
arrow-up1651arrow-down1external-linkDisney reportedly lost 1.7 million paid subscribers in the week after suspending Kimmelwww.engadget.commesa@piefed.social to Technology@lemmy.worldEnglish · 13 hours agomessage-square64fedilink
minus-squareJumpyWombat@lemmy.mllinkfedilinkEnglisharrow-up25arrow-down5·11 hours agoCalculate the 0.6% of your wage: that’s what $300M is for them.
minus-squaresexual_tomato@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up18·10 hours agoMy wage doesn’t have a cost of goods sold line item. If I take in $5b and make $5.5b in revenue, $300m is > 1/2 of my net profit
minus-squareJumpyWombat@lemmy.mllinkfedilinkEnglisharrow-up1arrow-down1·3 hours agoTrue, but if you stop working your income drops to 0, while if Disney stops working, it still owns billions in assets.
minus-squaretyler@programming.devlinkfedilinkEnglisharrow-up33·11 hours agoThat loss affects their stock price, their future outlook, what things they choose to fund, and how much they spend on advertising and trying to recover from this PR disaster.
minus-squareJumpyWombat@lemmy.mllinkfedilinkEnglisharrow-up12arrow-down1·11 hours agoI’m sure that lots of managers are having lots of meetings to discuss what happened, and that’s probably the hardest hit they had: noise. The revenues will be slightly impacted but they will hardly notice it on quarterly reports. Does that impact the company value? I don’t think so.
Calculate the 0.6% of your wage: that’s what $300M is for them.
My wage doesn’t have a cost of goods sold line item. If I take in $5b and make $5.5b in revenue, $300m is > 1/2 of my net profit
True, but if you stop working your income drops to 0, while if Disney stops working, it still owns billions in assets.
That loss affects their stock price, their future outlook, what things they choose to fund, and how much they spend on advertising and trying to recover from this PR disaster.
I’m sure that lots of managers are having lots of meetings to discuss what happened, and that’s probably the hardest hit they had: noise.
The revenues will be slightly impacted but they will hardly notice it on quarterly reports.
Does that impact the company value? I don’t think so.