Writer's and Actor's Strike 2023: Aaaaand Scene...That's a Wrap!

[Ironman]

Meanwhile, A24 stays winning.

A-24 is fukkung GOAT for that

 

[FAH1223]

 

[duckbutta]

In this case it doesn’t matter what the actual numbers say as far as their current revenue. What matters is they are currently paying pennies for royalties, if it goes up to dollars it’s a huge deal for them even if it is still below rate.

Well it does matter because one of the stances studios are taking is that streaming cost so much and it generates so little in revenue that if they have to start paying writers more than peanuts the whole industry will crumble.

But like most instances when companies cry poor and talk about how much the production of something cost, the second they get forced to prove the cost, they cave and give the workers what they want.

I mean you think the people who came up with "hollywood accounting" are telling the truth about ANY cost they incur?

 

[The_Sheff]

Well it does matter because one of the stances studios are taking is that streaming cost so much and it generates so little in revenue that if they have to start paying writers more than peanuts the whole industry will crumble.

But like most instances when companies cry poor and talk about how much the production of something cost, the second they get forced to prove the cost, they cave and give the workers what they want.

I mean you think the people who came up with "hollywood accounting" are telling the truth about ANY cost they incur?

What im saying is that no matter what the actual costs are to them are, those current costs are baked into their valuation and business model. So if they pay a penny today and tomorrow they have to pay 2 pennies, it matters to them. It may not bankrupt them as they claim but it matters financially, so it behooves them to be diligent and negotiate whatever the new deal is because it actually affects them.

It doesnt matter to A24 because A24 doesnt have a streaming service to worry about running. They can agree to the demands of SAG right off the bat because the shyt SAG is actually fighting for isnt a big deal for them.

 

[duckbutta]

What im saying is that no matter what the actual costs are to them are, those current costs are baked into their valuation and business model. So if they pay a penny today and tomorrow they have to pay 2 pennies, it matters to them. It may not bankrupt them as they claim but it matters financially, so it behooves them to be diligent and negotiate whatever the new deal is because it actually affects them.

It doesnt matter to A24 because A24 doesnt have a streaming service to worry about running. They can agree to the demands of SAG right off the bat because the shyt SAG is actually fighting for isnt a big deal for them.

And What I'm saying is, if you put them in a position that forced them to sit down and show you the numbers, their cost wouldn't add up to a penny today and a penny tomorrow. That would just be some shyt they put on a sheet of paper. Now they got a whole other problem way worse than some writers marching around they buildings saying "pay me". This is the reason why damn near everytime it gets to this point in a labor dispute, when a company is going to be forced to actually show their finances and explain them, they just about always decide not to do it and then do a deal with the exact group of people they spent X amount of time saying they won't do a deal with.

It matters financially in the sense that they are lying about the finances and the second they get put in a position that will prove that, they damn near always decide to go the alternate route, which just happens to be conceding to workers on things they said they would never concede on.

 

[Dave24]

Subbed

 

[Grifter]

Doing a SNL skit

 

[Ribbs]

 

[Rekkapryde]

Netflix shareholders aren't really interested in what the viewership numbers are for any particular show. What they want to see is subscriber numbers and growth of revenue.

Netflix made a lot of changes to their plans including limiting account sharing and at least in the short term that made more people sign up for the service. They've also managed to bring in more revenue through price increases.

But the stock will take a severe hit if they show a lack of growth in those categories as we saw more than a year ago when the stock drop close to 65% over a 12 month span.

The reason why actors/actresses and creators want the viewership numbers for Netflix to be public is because they aren't getting paid shyt off streaming. They want their contracts to be tied into how well their shows are performing for the service.

Netflix doesn't release numbers at all. Nielsen tries to guess but there's no way it's close to accurate when Netflix has as many subs as they do from all over the world.

Same goes for music, the main streaming giants, Apple, Spotify, and Tidal fight tooth and nail to rip off musicians with the stats game and revenue splits.

All these publicly traded streaming companies are going to have to give up some kind of official verifiable numbers in some way or form and make them public instead of hiding behind their own created bullshyt "metric". Can't tell me they haven't been cooking their own books to give more of the bread to themselves (execs) than the people who make it happen.

 

[Rekkapryde]

Meanwhile, A24 stays winning.

Ummm hmmm. Greed is a mutha.

Greed will be the downfall of this country. History has shown time and time and time again that it will but mufukkaz still believe it won't happen to them.

 

[Rekkapryde]

Major studios have NO excuse now. This makes them look broke and cheap.

Or A24 doesn't have ridiculous exec overhead (a major problem) and don't have to deal with stockholder expectations since they are not publicly traded. Only have like 300 employees in the company as well.

 

[Rekkapryde]

Eventually people are going to turn on tech companies. All the hatred people had at banks in 2008 is going to focus on tech in the future. All they're doing is going from sector to sector, industry to industry, upending business models through automation, making it cheaper for the consumer while killing the margins the industry once enjoyed (a race to the bottom). Silicon Valley is cool with it because they're only employing a handful of engineers vs. having to pay for a massive company/overhead. Basically...it's just a bunch of CEOs, vc firms & angel investors stripping every industry they can for big IPO paydays. Even for the consumer, while we get lower prices, eventually it's a problem because consumers have to work to somewhere too and if tech is automating multiple sectors, its gonna be harder and harder for those people to get higher paying jobs if the same trends are happening in multiple industries. People don't really give a shyt about actors because they're "perceived" as being rich even if they aren't. But when this A.I. shyt really pop off and puts millions out of work, it's a wrap.

bingo

 

[the elastic]

Ummm hmmm. Greed is a mutha.

Greed will be the downfall of this country. History has shown time and time and time again that it will but mufukkaz still believe it won't happen to them.

Looking like this AI shyt might be what takes the USA to the limit

 

[Optimus Prime]

 

[Ribbs]

I believe there's a hero in all of us