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A comment on Niantic undergoes layoffs, cancels four games. Parent comment

Re:Niantic undergoes layoffs, cancels four games by tomcam on Wednesday July 13, 2022 @09:54PM (#32091077)
> When's the last time Hollywood film studios 10x'd their revenue?

We actually don’t know. They veil the real numbers for each movie in complicated shell and subsidiary corporations and private arrangements that can’t be audited by the public.

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Re:Niantic undergoes layoffs, cancels four games by majormajor on Wednesday July 13, 2022 @10:43PM (#32091404)
Your claim now is that not just the internal PnL for films is obfuscated but both global box office numbers + public company reporting top-line revenue is as well?

If you want to raise a bunch of VC money to open a movie studio because of that, good luck to you, but... doesn't seem like you'll get a lot of bites.

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Re:Niantic undergoes layoffs, cancels four games by tomcam on Wednesday July 13, 2022 @10:51PM (#32091446)
> Your claim now is that not just the internal PnL for films is obfuscated but both global box office numbers + public company reporting top-line revenue is as well?

Where did I make a claim about the top line numbers?

> If you want to raise a bunch of VC money to open a movie studio

Wut? At this point I’m not sure you’re actually responding to my comment but cheers

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Re:Niantic undergoes layoffs, cancels four games by majormajor on Wednesday July 13, 2022 @10:56PM (#32091479)
>Where did I make a claim about the top line numbers?

The claim I made was about "their revenue" - that's the top-line number. You disputed that by saying we don't know.

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Re:Niantic undergoes layoffs, cancels four games by ipaddr on Wednesday July 13, 2022 @11:43PM (#32091755)
Their revenue is hidden in shell and related companies. What revenue are you looking at the public profits of Disney?
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Re:Niantic undergoes layoffs, cancels four games by tomcam on Thursday July 14, 2022 @01:17AM (#32092288)
I should’ve been clearer. I meant the 10x part. Apologies.
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Re:Niantic undergoes layoffs, cancels four games by oceanplexian on Wednesday July 13, 2022 @11:47PM (#32091775)
It’s not VC money but you pretty much described Amazon, Netflix, and so on. If they are dumping money hand over fist into original content they probably have a good economic argument for it.
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