Adobe Faces Lawsuit Amid Rising Subscription Revenue
Adobe is being sued, possibly linked to its increasing subscription earnings in 2023. More details at https://twitch.tv/pikat 📈
pikat
1.2M views • Jun 20, 2024
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https://twitch.tv/pikat
Edited by @devops25
Maybe that's why Adobe is making so much money on subscriptions these days. In 2023, Adobe's subscription services earned them over 14 BILLION dollars in revenue (this is over 70% of total revenue) -- nearly double of what they were earning in 2019.
Read more:
https://www.ftc.gov/news-events/news/press-releases/2024/06/ftc-takes-action-against-adobe-executives-hiding-fees-preventing-consumers-easily-cancelling
https://www.ftc.gov/system/files/ftc_gov/pdf/adobe_complaint.pdf
Music track: Hot Mocha by Lukrembo
Source: https://freetouse.com/music
Royalty Free Music for Videos (Safe)
Edited by @devops25
Maybe that's why Adobe is making so much money on subscriptions these days. In 2023, Adobe's subscription services earned them over 14 BILLION dollars in revenue (this is over 70% of total revenue) -- nearly double of what they were earning in 2019.
Read more:
https://www.ftc.gov/news-events/news/press-releases/2024/06/ftc-takes-action-against-adobe-executives-hiding-fees-preventing-consumers-easily-cancelling
https://www.ftc.gov/system/files/ftc_gov/pdf/adobe_complaint.pdf
Music track: Hot Mocha by Lukrembo
Source: https://freetouse.com/music
Royalty Free Music for Videos (Safe)
Video Information
Views
1.2M
Likes
157.4K
Duration
0:57
Published
Jun 20, 2024
User Reviews
4.8
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