Re:Did the early medieval era ever take place?
by tsimionescu on Thursday July 07, 2022 @01:47AM
(#32010354)
> Again, look at media companies for that collapse — WarnerMedia, Netflix, Disney, etc.
What collapse? These are e some of the biggest and most profitable companies in the world. Netflix stock went down because the market foolishly expected that all of the subscribers Netflix gained in two years of extremely reduced social lives would not only stay subscribed, but were representative of how fast people would keep subscribing. When this obvious idiocy turned out to be false, the stock plummeted back to more realistic levels it had pre-pandemic.
By the way, I also tried to find out what you meant by DIE, and came up empty handed (though I'm sure searching for WEF DIE has put me on since watch lists somewhere).
What collapse? These are e some of the biggest and most profitable companies in the world. Netflix stock went down because the market foolishly expected that all of the subscribers Netflix gained in two years of extremely reduced social lives would not only stay subscribed, but were representative of how fast people would keep subscribing. When this obvious idiocy turned out to be false, the stock plummeted back to more realistic levels it had pre-pandemic.
By the way, I also tried to find out what you meant by DIE, and came up empty handed (though I'm sure searching for WEF DIE has put me on since watch lists somewhere).