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Re:Netflix: Piracy is difficult to compete against and growi... by Izkata on Monday February 05, 2024 @07:07PM (#39268983)
Sounds more like they're riding the line and do sometimes make a profit:

> The company posted a third-quarter operating income of 32 million euros ($34.1 million), its first quarterly profit since 2021, helped by a higher gross margin and lower marketing and personnel costs.

https://www.reuters.com/business/media-telecom/spotifys-user...

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