Apr 17, 2024
4:06:31pm
4:06:31pm
They are operating at 38% gross profit margin and an EBIT of 9-18%, which is what Disney is running at.
They can always cut their revenue sharing from 40% to 20% and get even more profit as creators really don't have a competing platform to turn too.
They aren't hurting for cash and it's awesome they are sharing as much as they are with creators.
Here is from their annual report:
They aren't hurting for cash and it's awesome they are sharing as much as they are with creators.
Here is from their annual report:
Originally posted on Apr 17, 2024 at 4:06:31pm
Message modified by Bert609 on Apr 17, 2024 at 4:08:28pm
Message modified by Bert609 on Apr 17, 2024 at 4:08:52pm
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