Comment on Twitch Will Shut Down Its Streaming Platform in South Korea

CluckN@lemmy.world ⁨1⁩ ⁨year⁩ ago

• cerement@slrpnk.net ⁨1⁩ ⁨year⁩ ago

  more a matter of “don’t wanna” than “can’t”

  source

  • glimse@lemmy.world ⁨1⁩ ⁨year⁩ ago

    It says they operated at a loss in SK. If that’s true, I wouldn’t wanna, either.

    source

    • schmidtster@lemmy.world ⁨1⁩ ⁨year⁩ 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.

      source

      • someguy3@lemmy.ca ⁨1⁩ ⁨year⁩ ago

        Loss leaders you know lead to something. Can’t see what it would lead to.

        source

        • -> View More Comments
      • superduperenigma@lemmy.world ⁨1⁩ ⁨year⁩ ago

        How is remaining in an unprofitable market a “loss leader”?

        Sometimes you gotta take a small loss for the overall benefit of the company/system.

        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?

        source

        • -> View More Comments
      • DeepFriedDresden@kbin.social ⁨1⁩ ⁨year⁩ 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.

        source
      • glimse@lemmy.world ⁨1⁩ ⁨year⁩ ago

        I dunno man, neither of us are financial analysts for Twitch

        source
      • iegod@lemm.ee ⁨1⁩ ⁨year⁩ ago

        Gaming nerds dictating how business should operate is one of the funniest things to observe.

        source
      • Maalus@lemmy.world ⁨1⁩ ⁨year⁩ ago

        Or just remove what’s costing you so much?

        source

        • -> View More Comments
    • WoodlandAlliance@lemm.ee ⁨1⁩ ⁨year⁩ ago

      Most tech companies operate at a loss. Amazon still hasn’t turned a profit.

      source

      • FeelzGoodMan420@eviltoast.org ⁨1⁩ ⁨year⁩ 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.

        source
      • nave@lemmy.zip ⁨1⁩ ⁨year⁩ ago

        Amazons last financial report has its profit at $10 billion dollars.

        source
      • iegod@lemm.ee ⁨1⁩ ⁨year⁩ ago

        Wha

        source
  • CluckN@lemmy.world ⁨1⁩ ⁨year⁩ ago

    I also didn’t know that South Korea charges extra for foreign content providers which is also pretty aggressive.

    source

    • sigmaklimgrindset@sopuli.xyz ⁨1⁩ ⁨year⁩ 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.

      source
  • DarkThoughts@kbin.social ⁨1⁩ ⁨year⁩ 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.

    source

    • PrettyLights@lemmy.world ⁨1⁩ ⁨year⁩ 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.

      source

      • DarkThoughts@kbin.social ⁨1⁩ ⁨year⁩ 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?

        source

        • -> View More Comments
      • Chailles@lemmy.world ⁨1⁩ ⁨year⁩ 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.

        source
• CaptainSpaceman@lemmy.world ⁨1⁩ ⁨year⁩ ago

  10x the cost of what tho? They just say “most other countries”, but tahts just spin and essentially meaningless without more data

  source