I also didn’t know that South Korea charges extra for foreign content providers which is also pretty aggressive.
Comment on Twitch Will Shut Down Its Streaming Platform in South Korea
cerement@slrpnk.net 6 months agomore a matter of “don’t wanna” than “can’t”
CluckN@lemmy.world 6 months ago
sigmaklimgrindset@sopuli.xyz 6 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 6 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 6 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 6 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?
PrettyLights@lemmy.world 6 months ago
Because an organization or person only has so much bandwidth and attention. You can’t infinitely scale to grab every bit of profit.
“Tripping over dollars to pick up pennies.”
Chailles@lemmy.world 6 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.
glimse@lemmy.world 6 months ago
It says they operated at a loss in SK. If that’s true, I wouldn’t wanna, either.
schmidtster@lemmy.world 6 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 6 months ago
Loss leaders you know lead to something. Can’t see what it would lead to.
superduperenigma@lemmy.world 6 months ago
Neither does the person you’re replying to. They probably just learned the term “loss leader” and thought they’d sound smart bringing it up but have no idea how the concept actually works in practice.
superduperenigma@lemmy.world 6 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?
schmidtster@lemmy.world 6 months ago
Negative press costs money too. There will be unforeseen costs related to this move.
DeepFriedDresden@kbin.social 6 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 6 months ago
I dunno man, neither of us are financial analysts for Twitch
iegod@lemm.ee 6 months ago
Gaming nerds dictating how business should operate is one of the funniest things to observe.
Maalus@lemmy.world 6 months ago
Or just remove what’s costing you so much?
schmidtster@lemmy.world 6 months ago
Which would cost you more in the end, so if removing it costs more, you keep it in.
That’s what’s a loss leader is……
MolochAlter@lemmy.world 6 months ago
Can’t remove a tax without lobbying or breaking the law.
WoodlandAlliance@lemm.ee 6 months ago
Most tech companies operate at a loss. Amazon still hasn’t turned a profit.
FeelzGoodMan420@eviltoast.org 6 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 6 months ago
Amazons last financial report has its profit at $10 billion dollars.
iegod@lemm.ee 6 months ago
Wha