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451Y

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

DarkThoughts
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41Y

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.

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21Y

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.

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11Y

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.

DarkThoughts
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21Y

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?

@[email protected]
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11Y

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.”

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401Y

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

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-211Y

deleted by creator

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81Y

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

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121Y

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.

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11Y

Wha

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121Y

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

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71Y

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.

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