10x the cost of what tho? They just say “most other countries”, but tahts just spin and essentially meaningless without more data
Comment on Twitch Will Shut Down Its Streaming Platform in South Korea
CluckN@lemmy.world 11 months ago
Damn I didn’t know it was 10x the cost. Crazy how a company that size still can’t handle the fees.
CaptainSpaceman@lemmy.world 11 months ago
cerement@slrpnk.net 11 months ago
more a matter of “don’t wanna” than “can’t”
glimse@lemmy.world 11 months ago
It says they operated at a loss in SK. If that’s true, I wouldn’t wanna, either.
schmidtster@lemmy.world 11 months ago
Dang, stores better get rid of their loss leaders than.
Sometimes you gotta take a small loss for the overall benefit of the company/system.
someguy3@lemmy.ca 11 months ago
Loss leaders you know lead to something. Can’t see what it would lead to.
superduperenigma@lemmy.world 11 months ago
How is remaining in an unprofitable market a “loss leader”?
You really don’t think Twitch did some analysis on this matter before making a decision? Or do you just figure that your uninformed assumptions about their financials are more accurate than their internal analysis?
DeepFriedDresden@kbin.social 11 months ago
Loss leaders work because customers will purchase other products/services. Operating in a market at a loss isn't what a loss leader is.
glimse@lemmy.world 11 months ago
I dunno man, neither of us are financial analysts for Twitch
iegod@lemm.ee 11 months ago
Gaming nerds dictating how business should operate is one of the funniest things to observe.
Maalus@lemmy.world 11 months ago
Or just remove what’s costing you so much?
WoodlandAlliance@lemm.ee 11 months ago
Most tech companies operate at a loss. Amazon still hasn’t turned a profit.
FeelzGoodMan420@eviltoast.org 11 months ago
What the actual fuck are you talking about? A simple google search shows that Amazon very much makes a profit. Do some basic research first before posting bullshit please.
nave@lemmy.zip 11 months ago
Amazons last financial report has its profit at $10 billion dollars.
iegod@lemm.ee 11 months ago
Wha
CluckN@lemmy.world 11 months ago
I also didn’t know that South Korea charges extra for foreign content providers which is also pretty aggressive.
sigmaklimgrindset@sopuli.xyz 11 months ago
Yeah, and it all started from a lawsuit between SK Telecom and Netflix because in 2020 people watching Squid Games in Korea used an unprecedented amount of bandwidth. Reuters article
Most telecom providers make deals with the big platforms regarding payment, but I guess S. Korea really wants Afreeca to be the only player in the streaming space. It could also be chaebol shenanigans.
DarkThoughts@kbin.social 11 months ago
There's no "don't wanna" unless there's a "can't" due to not being able to make a profit. If they could they would. It's simple as that.
PrettyLights@lemmy.world 11 months ago
Companies don’t just want to make a profit, they want to make the largest profit. Plenty of businesses turn down profitable ventures in pursuit of more lucrative returns.
DarkThoughts@kbin.social 11 months ago
Why would they do that if they aren't mutually exclusive to one another? I'd get this notion if they'd started to do some sort of alternate way of providing for the SK market where their original platform would have been in the way but why close off profitable branches for no reason at all?
Chailles@lemmy.world 11 months ago
While true, that’s not exactly relevant when it’s a choice between losing a lot of money and not losing a lot of money.