#stockholder — Public Fediverse posts

@feld @micahflee all the big #west #carcompanies are f**ed they bowed too low to the #stockholder #bank #investor #dividend greedy killed those companies, #Ford #GM #Mercedes #BMW #VW #Nissan #Toyota they need to drop their competition and team up against #China or they will lose and not survive

In publicly traded companies, the interests of shareholders and employees often don't align. If you have exempt employees who show they are willing to work 60 or more hours to complete a project then you have established their work week can consist of 60 or more hours per week. To assign them less than 60 or more hours of work per week, every week, is a disservice to those who have an interest in wringing the most profit possible from the company. #corporations #stockholder #employment

""Think of the two major possibilities here: Either the #studios owe untold millions to their talents and paying it out will decimate their stock #prices, or they owe so little because there really is no #money in #streaming and the bubble of their entire 21st century #business model will burst in spectacular fashion. And make no mistake: this is a bubble. This is the #inevitable climax of a #stockholder-driven hunger for infinite growth, despite the fact that, by design, such a thing cannot and should not exist. The #infection of Wall Street has overwhelmed the entertainment #industry beyond repair, leading to #cultural #vandals like David Zaslav to be appointed with the callous duty of strip-mining decades’ of #artistic beauty for pennies of #tax write-offs. The #past and #future are frivolous in comparison to the short-term demands that the line keep going up."

https://www.pajiba.com/film_reviews/studios-are-terrified-that-the-strikes-will-reveal-the-truth-about-streaming.php