ST Alpha - "$1.6B is 1/4th of their revnue for a 3-month period -- (edited)" (Reading a Post)

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Backboards:

Posts: 173

In response to "Catching up on backboards - ST, you're gonna pay for this, but I agree with David-cumber on the Dominion thing." by Turd Ferguson

$1.6B is 1/4th of their revnue for a 3-month period -- (edited)

Posted by decline (aka Decline) Apr 19 '23, 07:17

it's a drop in the bucket

Responses:

David is right. The big fight is their carriage fees. They are the 2nd most expensive network to carry. You wanna hurt them, call your - Will Hunting Apr 19, 07:24
this stat cannot be right. I know they make money. But they are not pulling in 1.6 billion profit every three months. -- nm - Jovian Apr 19, 07:22 4
- oops, you're right. That's revenue - not profit -- nm - decline Apr 19, 07:23
- they make $100 million a year profit at best, if I had to guess. -- nm - Jovian Apr 19, 07:23 2
  - this is low though. Net income for the 3 month ending 12/31 was $321M -- (link) - decline Apr 19, 07:28 1
    - yikes. So it still amounts to little under a one year profit penalty. :( - Jovian Apr 19, 07:41

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