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A comment on The Truth Is Paywalled but the Lies Are Free. Parent comment

Re:The Truth Is Paywalled but the Lies Are Free by hootbootscoot on Monday August 03, 2020 @06:15AM (#24035974)
That actually is a great way to bring up how miserably the Netflix model treats content creators.

The $4 billion rich Netflix CEO says that artists should try harder if they don't want to starve (source, this same article we are discussing)

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Re:The Truth Is Paywalled but the Lies Are Free by zaroth on Monday August 03, 2020 @09:45AM (#24037653)
The Netflix CEO is (mostly) rich due to equity holdings, a market value of future cash flow.

Netflix’s actual cash on the other hand has actually gone nearly 100% of revenue to content creators — they actually have taken out quite a lot of debt in order to create their content, because they think they can ultimately earn money on it over time.

But truly you should thank Netflix for ~$50 billion in content creation so far.

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Re:The Truth Is Paywalled but the Lies Are Free by KSteffensen on Monday August 03, 2020 @02:22PM (#24041398)
Article quotes the Spotify CEO, not the Netflix CEO.
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