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In response to
"Lost in all of this is that they solidly beat earnings predictions."
by
Inigo
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If they beat predictions with less subscribers, it means that their costs were lower, probably.
Posted by
Marlowe
Apr 20 '22, 07:40
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If they spend less money on content, the more likely it is for people to stop using their services.
Also, looking at earnings is looking at the past.
In any case, the drop is excessive.
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Responses:
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