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Streaming media company Plex raises $40M as it nears profitability


Gilgamesh_48

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TeamB
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As a result of Plex’s ability to track users’ media discovery behavior and consumption across platforms and services, the company has a unique perspective from a data standpoint. That will be the focus of its future business initiatives, too.

“One of the things we’ve already started to prove in 2023 is that we can absolutely monetize some of that data…in a very privacy-friendly way. There’s no personally identifiable information being used,” Valory said. “We already proved we could make money on that this year, so, in 2024, we’re putting more wood behind that arrow. And arguably, even though our current business is already growing 30%-40% per year, that could dwarf it in two to three years. That is a really big market opportunity,” he added.

and that is why i wont use plex

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tedfroop21
21 hours ago, TeamB said:

and that is why i wont use plex

......that and the remote access........my data gets from a to b and it all happens in a happy magic cloud...yup....

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