They gambled that the additional ad revenue they'd be able to bring in with a sanitized web site would be greater than the revenue lost from some of their userbase leaving the site. It was a bad gamble.

[–] TrueStoryBob@lemmy.world 2 points 17 hours ago

Yeah, the plan was similar to when Time-Warner acquired Myspace only to not understand what a social media site is inherently; then fumble the bag and sell as fast as possible. They really fucked themselves left right and center on that deal... but everyone's friend Tom is still a multimillionaire.

[–] Gradually_Adjusting@lemmy.world 16 points 1 day ago

Skill issue

[–] TheFogan@programming.dev 9 points 1 day ago

It's the porn paridox. Porn gets users. Advertisers pay per user... but won't pay anything if there's porn. Users without advertisers or subscription costs are worthless.

[–] LaminatedDenim@lemmy.world 7 points 1 day ago (1 children)

Wait wasn't it yahoo that initially killed the porn?

[–] HowAbt2morrow@futurology.today 11 points 1 day ago (1 children)

This all sounds like the Tenacious D song about trying to kill Rock & Roll

[–] LaminatedDenim@lemmy.world 6 points 1 day ago

The porn will strike you down with a vicious blow!