this post was submitted on 27 Jun 2024
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What's Happened Since Time Dropped Its Paywall 1 Year Ago (www.adweek.com)
submitted 1 week ago by AnActOfCreation@programming.dev to c/technology@lemmy.world
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  • Time removed its paywall in June 2023, resulting in a rise in advertising revenue but a loss of digital subscribers, with traffic remaining relatively flat.
  • The decision was influenced by broader industry trends and the publisher's focus on working with advertisers and leveraging its brand equity in other ventures.
  • Time aims to achieve profitability by expanding its direct advertising and sponsorship business, growing its global events slate, and exploring new ventures like connected television.
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[–] buddascrayon@lemmy.world 2 points 1 week ago* (last edited 1 week ago)

LoL, no with stock splitting you get the same value only with more stocks that can go up in value eventually. This is worse cause the same amount of work*(arguably more considering how many server farms are out there mining the same coin now as opposed to back when it started)* for half the value. So, in a very real sense it does actually halve the value. And that's not even looking at the fact that crypto currency has no inherited value. It's not backed by anything but the investment of interest by crypto bros and shady groups looking to hide transactions and assets.