Google to "modify or cease" ads after industry review board rejects appeal.

YouTube TV, which costs $73 a month, agrees to end “$600 less than cable” ads::Google to “modify or cease” ads after industry review board rejects appeal.

  • redimk@lemmy.dbzer0.comEnglish
    702·
    1 year ago

    So what is the next step for Google? Raising YT TV to $100/month? $200/month? Raising Youtube Premium to $30/month? Google one to $200/month? Laying off employees?

    I mean they gotta keep hitting that 5% growth every year, right? When does it stop? When there’s nobody else at the company? When people can’t afford anything anymore and go bankrupt?

    When are companies gonna understand that growth for the sake of growth every year is just not feasable?

    • Ddhuud@lemmynsfw.comEnglish
      12·
      1 year ago

      It’s not a matter of understanding the failure is systemic.

      Shareholders only buy shares for the expected growth, not so much for the dividends. Dividends are literally pennies on the hundred dollar costs. Single digits percent annually.

      • nephs@lemmy.worldEnglish
        4·
        1 year ago

        At some point prices have to adjust to material reality and someone will lose money. Sometimes expected growth is not possible.

        • SmoothIsFast@citizensgaming.comEnglish
          2·
          1 year ago

          Hence when predatory shorting takes place while long institutions switch to short positions hoping retail joins in on selling shares to allow the stock to crater and delist from the open market thus facilitating cellar boxing to occur, making them even more money then they made on the upside. It’s why wall street actually loves bubbles and helps create them…

      • SmoothIsFast@citizensgaming.comEnglish
        2·
        1 year ago

        Well maybe retail but hedge funds love shorting shit to the ground. Having unrealistic growth goals sets a company up to eventually reach a point where they can switch the narrative to decline in a company because of missed unrealistic growth goals, that’s where the big boys make a lot of fucking money as once a stock gets delisted they can warehouse and never settle failed to deliver trades, or naked shorts that inflated the number of shares available to exponentially grow there position on the downside. It’s a game of siphoning money away from the public.

    • SmoothIsFast@citizensgaming.comEnglish
      9·
      1 year ago

      When are companies gonna understand that growth for the sake of growth every year is just not feasable?

      Depends when we actually enforce and support the SECs market reforms instead of defending them. As it sits once, that 5% target is no longer consistently hitable the naked shorts will start to come from maket makers and hedge funds allowing wall street to make just as much money in the growth stage as in the desth stage of a company plus when Google eventually gets to that point they can buy up all the IP during the bankruptcy process for their next unlimited growth candidate to usurp. Shit is absolutely fucked, plus congress has basically called out in their deals to keep the government running that the SEC can’t use any of the budget to further market reform, so your gonna need to vote in candidates who support Markey reform, and proper reform at that sense baring indivual household shareholders from being able to participate and get accurate disclosures on off market trade data, equity swap data, or just widening the gap between wall street and retail investors access to data is also considered market reform by those corrupt individuals supporting wall streets mess.