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
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.
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?
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.
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.
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.