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Animats
1y ago
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$1bn is revenue, not income. Income is much less.
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newsclues
1y ago
The value of a TV network, newspaper or social media platform is not just its revenue, it’s the ability to influence and control narratives.
kdmtctl
1y ago
It's true. Anyway someone should cover the gap. Considering that X can't directly pay shareholders loans, the first principle of accounting.
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