Column: Hollywood is on strike because CEOs fell for Silicon Valley's magical thinking
www.latimes.com
Inspired by the success of Netflix, Hollywood studios pursued Silicon Valley-style hypergrowth with tactics borrowed from the likes of Uber and Lyft.

Hollywood is on strike because CEOs fell for Silicon Valley’s magical thinking::Inspired by the success of Netflix, Hollywood studios pursued Silicon Valley-style hypergrowth with tactics borrowed from the likes of Uber and Lyft.

  • Jarix@lemmy.worldEnglish
    191·
    1 year ago

    Found this odd, anyone smarter than me care to offer opinions on why they wrote it this way?

    “Yet Iger reportedly makes $27 million a year, while Netflix just raked in $1.5 billion in net profit in the last quarter.”

    Why are they comparing a person to a company?

    Shouldnt it be disney(3.19B last year) to netflix(1.5B last quarter), or Iger(27 million) to Reedings/Sarandos(35 mill each as co ceos)

    *The numbers i used are from a quick google search where they arent taken from the article, please be kind if i found the wrong ones. I dont actually care about the numbers was just trying to match what the article did. Feel free to correct them for everyone elses benefit

    • sachabe@lemmy.worldEnglish
      5·
      1 year ago

      I see it more as Disney’s CEO saying his company can’t afford to pay actors more, and yet they chose to pay him 27mil a year. That’s why his salary is relevant in the discussion.