this post was submitted on 12 Jul 2023
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Tumblr is losing $30M each year, CEO says (techcrunch.com)
submitted 1 year ago by simple@lemmy.world to c/technology@lemmy.world
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[–] techgearwhips@lemmy.world 1 points 1 year ago

With all that being said... Between ticket sales, merch, etc. the NBA generates $10 billion in revenue per year.

The WNBA generates $60 million a year at a $10 million dollar loss and has never turned a profit in 25 years.

"2018, Adam Silver, Commissioner of the NBA, said that the WNBA had lost an average of $10 million per year for every year of its existence, including the posting of a $12 million loss in 2017. "