Comment by ryandrake
14 hours ago
They don't even "lose a small amount of money." They simply gain less money than usual for a short period of time. Think of how rough that is for them.
14 hours ago
They don't even "lose a small amount of money." They simply gain less money than usual for a short period of time. Think of how rough that is for them.
I think it's even that they "gain less money than they could if everyone watching illegally would pay for it when they could not watch illegally" (that's usually how companies crying "piracy" calculate "losses" — "let's assume everyone watching illegally would certainly still watch it and pay the full price").
Arguably they even gain more money in the long run, because more people have access to their entertainment and they have more opportunities to form life long connections with consumers.
I once remember reading an article about shareholders selling off a stock because the rate of increase in profit had slowed.
There is nothing wrong with that. Stock price is based on perceived future value , not current company profits.