this post was submitted on 03 Aug 2023
437 points (96.6% liked)

Technology

59581 readers
2816 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS
 

HBO Max was renamed Max, and Warner Bros. Discovery lost subscribers::Warner Bros. Discovery lost 1.8 million subscribers in the second quarter of 2023 following HBO Max’s rebrand to Max. The company now has 95.8 million subscribers across all of its services.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 5 points 1 year ago

44 billion for the brand, but more importantly the user base. Although let's not discount the tech behind the scenes. Any decent programmer or sysadmin might be able to spin up a copy of Twitter in a few days. But it's not going to scale to the size Twitter is, and have all the moderation and legal tools Twitter does (although Elon is gutting those by the day), integrate into as many places as Twitter does, have the app infrastructure Twitter does, etc.

But regardless, all those things are irrelevant without people actually using the service. No clone is going to have the user base, and even with the rebrand to X, Elon still has a lot of users. Not as many as when he started, but still a lot. That's what the 44 billion bought.