340
Tumblr is losing $30M each year, CEO says (techcrunch.com)
submitted 3 years ago by to c/technology@lemmy.world
133 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] 0 points 3 years ago (1 child)

The WNBA is not a profitable league and operates at a $10 million dollar loss every year.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 2 child comments
    •
  • [–] 0 points 3 years ago* (last edited 3 years ago) (1 child)

    Did you skip my comment completely? WNBA is a part of the NBA. They’re not operating at a loss, they are a cost incurred by the NBA in order to promote basketball to a female viewership.

    It’s like saying a marketing team operates at a loss because ads cost a company money. It’s just the wrong way to look at it. Usually the people who are adamant on phrasing it such are misogynists, which I really hope you aren’t, and you can understand what I’m saying

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 2 child comments
    •
  • [–] 0 points 3 years ago* (1 child)

    The WNBA is not part of the NBA. They have had their own set of owners since 2002. They operate at a loss every year and the NBA covers it as their sister league. Throwing out buzzwords like "misogynist' is based on feelings. What I am telling you is a fact.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 2 child comments
    •
  • [–] 1 point 3 years ago* (last edited 3 years ago)

    The NBA owns the WNBA de jure: the trademarks, all the intellectual property. The WNBA Enterprises LLC is owned by the NBA.

    The NBA doesn't own the WNBA teams though - although a handful of them belongs to NBA owners. So basically the WNBA teams participate in a league they don't own.

    The W.N.B.A. is currently owned half by the 30 N.B.A. teams, and half by the 12 W.N.B.A. teams.

    https://www.nytimes.com/2022/02/03/sports/basketball/wnba-capital-raise-investors.html

    The NBA website literally mentions the WNBA in the “Our Leagues” page:

    The National Basketball Association (NBA) is a global sports and media organization built around five professional sports leagues: the NBA, WNBA, NBA G League, NBA 2K League and Basketball Africa League

    https://careers.nba.com/our-leagues/

    That being said, “misogynist is a buzzword” is a hilarious thing to say. I can tell what type of person you are already, and blocking you will not deprive me of literally anything of value.

  • permalink
  • fedilink
  • source
  • parent