• NuPNuA@lemm.ee
    link
    fedilink
    arrow-up
    24
    ·
    1 year ago

    That’s the issue, Covid boasted all these guys profits above and beyond normal as we were all stuck at home for two years with nothing else to spend on. No they want to maintain those profits but people still only have the same amount of money to go around.

    • Prox@lemmy.world
      link
      fedilink
      arrow-up
      9
      ·
      1 year ago

      People have less money now because there are no govt wage supplements and student loan payments are being turned back on.

      • NuPNuA@lemm.ee
        link
        fedilink
        arrow-up
        4
        ·
        1 year ago

        I wasn’t aware they stopped student loan payments during Covid, but those on furlough were only getting 80% of their wage unless the company topped it up.

    • jasondj@ttrpg.network
      link
      fedilink
      arrow-up
      1
      ·
      1 year ago

      Did it boost their profits? They may have gotten more subs and with it more revenue, but aren’t they paying royalties on every stream? Seems more streams per sub would cause profit-per-sub to go down.

      Probably more total profit over all, but a reduced margin.

      • EssentialCoffee@midwest.social
        link
        fedilink
        arrow-up
        8
        ·
        1 year ago

        They may have gotten more subs and with it more revenue, but aren’t they paying royalties on every stream?

        No, that’s why writers and actors are striking.

      • NuPNuA@lemm.ee
        link
        fedilink
        arrow-up
        5
        ·
        1 year ago

        Do they pay royalties on each stream? Isn’t that what the strikes at the moment are about?