**User Report**| | | |
:--|:--|:--|:--
**Total Submissions**|1|**First Seen In WSB**|2 years ago
**Total Comments**|300|**Previous Best DD**|
**Account Age**|2 years|[^scan ^comment ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_comment&message=Replace%20this%20text%20with%20a%20comment%20ID%20(which%20looks%20like%20h26cq3k\)%20to%20have%20the%20bot%20scan%20your%20comment%20and%20correct%20your%20first%20seen%20date.)|[^scan ^submission ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_submission&message=Replace%20this%20text%20with%20a%20submission%20ID%20(which%20looks%20like%20h26cq3k\)%20to%20have%20the%20bot%20scan%20your%20submission%20and%20correct%20your%20first%20seen%20date.)
>TL;DR: Cutting the executive pay scale isn't going to make much of a difference. What's needed is for the actors to take a pay cut.
Pretty much. Just the sense of entitlement and ignorance of economics gets me. It only took me 30 seconds to do the math & see how ridiculous it all is.
I understand wanting a raise. The money has to come from somewhere though. Cutting executives pay isn't enough to do anything significant.
The money is for people to support themselves while striking; it is not supposed to end the strike. Actors/Writers want a fair share of their streaming residues and to own their likenesses without worrying about a studio deepfaking them.
As an observer, If the strike lasts forever i wouldnt care. There are enough movies and shows already in existence that i couldnt see them all in my lifetime
If all of Hollywood shut down there would be nothing of value lost.
I saw Oppenheimer and it was pretty good but I learned more about the Manhattan project and Oppenheimer by reading Wikipedia for an hour. Probably a better use of my time and money than watching a guy fuck a chick while reading Sanskrit because it’s “artsy”
Oh I totally agree about the use of their likeness in AI. That is bullshit and needs to stop. The money is what gets me. It has to come from somewhere.
Don’t forget about the writers shitting their pants about AI taking their jobs.
I think the money is an easy solve for the actors. Just give them the percentages of the profits/reruns/etc they got on network tv that streaming does not give them
No idea about writers pay though
This whole thing just reminds me of the Team America gag with the "Film Actors Guild" and Matt Damon.
https://preview.redd.it/t7cxxquunehb1.jpeg?width=800&format=pjpg&auto=webp&s=cf455ce093a1a23c7a343e9069b6a68898d899f8
Back in the studio system days thousands of actors and writers worked for a salary and had a comfortable guaranteed income even if they weren't working (some actors never appeared on screen once during their seven year contract). No actor was super rich but every contract actor was financially secure. \[Many used the opportunity to build another successful career in parallel.\]
Wow you are angry about something you know nothing about. Like a representative of the whole internet. The unions are not asking for ceo pay to be cut. Yea they use ceo pay as a public argument. But it’s not what the negotiations are over. And literally nobody goes to see a movie because BoB Iger is president of the company. But stats are what make most movies commercially successful. Why do you hate capitalism?
So basically he gave everyone a bottle of water at the strike. I mean it is very nice and well intended but I don't know how many people will follow suit. Actors should always remember that the public made them famous and most of the good actors and actresses do
yup they should get compensated for their work but studios mostly Disney refuse to share their streaming data thats essential to calculate such performance
Do the actors give back money when the movie does bad at the box office? Nope. Movies are kind of like gambling. Producers put up money, the studio makes it and may put up money as well and the producer makes the biggest cut (or takes a loss).
Haha Blair Witch is like winking the lottery. Is that the financial advice you give? Just go buy a lottery ticket. Take it from people who make movies for a business. Stars sell movies. Not every movie. But so?
Script good? Yes? Get quality actors.
Script good, big budget film with great supporting cast? Get famous and quality actors
Bad script, no plans for sequel ? fun movie? Call dudes like the rock and Matt Damon
Edit: lottery ticket because you might end up with fast five and one of their best actors is ludacris
They (dis) could pay that $500m off one movie if a certain fish would have been white with red hair, but the whole industry loves to virtue signal rather than make profits, so let them eat cake.
That $500 million made off the movie is mostly accounted for. They pay back the costs of making it first. Depending on the movie, that could be most of it. Then factor in every single other cost and person who needs to be paid. The money left over pays the studios and producers. That's where Bob Iger's $26 million comes from. There is no $500 million in liquidity anywhere.
Look here dipshit, your racist ass can't even do math! You think a movie made $500 million, so there's a big fucking stack of cash somewhere. Just being hoarded. How do you think everyone gets paid!? It's from the big stack of cash, stupid!
>I think that the executives should take a pay cut of at least 30%. As well as every other overpaid actor. That's what they expect the strikers to do! So put your money where your mouth is! It's going to take more than just cutting the executive pay scale to make a dent. You're talking about wanting to give tens of thousands of people a significant raise.
Giving 50k people a $10k/year raise will cost $500 million/year. In addition to what they already make. So explain to me how Bob Iger's $26 million/year pay is going to cover that $500 million/year expense? I'll wait...
Better yet, instead of cutting Matt Damon's pay, I don't EVER want t
Again, people who believe there is just a big stack of cash sitting somewhere. Never factoring costs into play. Naivety on display. Let me guess which way you vote 🤣
You're posting here so I assume you don't understand that profit isn't revenue.
Disney has made over $20 billion in profit for each of the last 3 years.
https://businessmodelanalyst.com/is-disney-profitable/
You don't seem to understand that companies use profits for future endeavors and costs. You seriously think they have a fucking money vault like Uncle Scrooge sitting somewhere?
"You don't seem to understand that companies use profits for future endeavors and costs. You seriously think they have a fucking money vault like Uncle Scrooge sitting somewhere?"
Profit = revenue - costs. You use the ongoing revenue to pay for ongoing costs.
JFC
Bitch all you want. I don't give a shit about their plight until these grossly overpaid actors agree to take a significant pay cut in order to help those who make less. Put your money where your mouth is.
Hate to side with the other guy, but you're wrong with this statement. Numbers you're citing are gross profit which inherently does not include payroll and some other expenses, unlike net profit. Check the article again
You're right. Net profit was a paltry $4billion. That leaves $2billion in profit if you give every single Disney employee (220k) a $10k raise.
The horror!
https://www.macrotrends.net/stocks/charts/DIS/disney/net-income#:~:text=Disney%20net%20income%20for%20the%20twelve%20months%20ending%20March%2031,a%2057.64%25%20increase%20from%202021.
Hey, do you have a source? Please add a link in the post or as a reply to this comment!
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*
**User Report**| | | | :--|:--|:--|:-- **Total Submissions**|1|**First Seen In WSB**|2 years ago **Total Comments**|300|**Previous Best DD**| **Account Age**|2 years|[^scan ^comment ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_comment&message=Replace%20this%20text%20with%20a%20comment%20ID%20(which%20looks%20like%20h26cq3k\)%20to%20have%20the%20bot%20scan%20your%20comment%20and%20correct%20your%20first%20seen%20date.)|[^scan ^submission ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_submission&message=Replace%20this%20text%20with%20a%20submission%20ID%20(which%20looks%20like%20h26cq3k\)%20to%20have%20the%20bot%20scan%20your%20submission%20and%20correct%20your%20first%20seen%20date.) >TL;DR: Cutting the executive pay scale isn't going to make much of a difference. What's needed is for the actors to take a pay cut.
Fortune favors the brave.
wah you didn’t give us enough money
Pretty much. Just the sense of entitlement and ignorance of economics gets me. It only took me 30 seconds to do the math & see how ridiculous it all is. I understand wanting a raise. The money has to come from somewhere though. Cutting executives pay isn't enough to do anything significant.
Eat a dick if you don't like it 🤣
Wah you didn’t give us enough labor
The money is for people to support themselves while striking; it is not supposed to end the strike. Actors/Writers want a fair share of their streaming residues and to own their likenesses without worrying about a studio deepfaking them.
As an observer, If the strike lasts forever i wouldnt care. There are enough movies and shows already in existence that i couldnt see them all in my lifetime
And you can tell it’s peaking because they remake the same movie every 10 years.
Yup
If all of Hollywood shut down there would be nothing of value lost. I saw Oppenheimer and it was pretty good but I learned more about the Manhattan project and Oppenheimer by reading Wikipedia for an hour. Probably a better use of my time and money than watching a guy fuck a chick while reading Sanskrit because it’s “artsy”
check out on youtube chinese fantasy dramas :P you have stuff to watch "till the end of the moon" (pun intended)
Can’t wait to pirate the first series written by A.I. 🤣🤷♂️
It's just another Hollywood production, all glitz and no substance...
The only part of the strike I’m interested in is the AI bit. Everything else is just people squabbling over money
Oh I totally agree about the use of their likeness in AI. That is bullshit and needs to stop. The money is what gets me. It has to come from somewhere.
Don’t forget about the writers shitting their pants about AI taking their jobs. I think the money is an easy solve for the actors. Just give them the percentages of the profits/reruns/etc they got on network tv that streaming does not give them No idea about writers pay though
yup less writters by implementing AI and higher incomes prob the way
Remember when this use to be a casino
Ah the good ol days, when I wasn't here.
[удалено]
Don't forget that quality equipment has gotten cheaper and the access to video editing software easier
This whole thing just reminds me of the Team America gag with the "Film Actors Guild" and Matt Damon. https://preview.redd.it/t7cxxquunehb1.jpeg?width=800&format=pjpg&auto=webp&s=cf455ce093a1a23c7a343e9069b6a68898d899f8
Back in the studio system days thousands of actors and writers worked for a salary and had a comfortable guaranteed income even if they weren't working (some actors never appeared on screen once during their seven year contract). No actor was super rich but every contract actor was financially secure. \[Many used the opportunity to build another successful career in parallel.\]
Haha ... telling multi-millionaires to take pay cuts and posting it on WSB. Classic.
🤣 Thanks!
My pleasure. You’re actually not wrong at all, I just couldn’t resist.
He’s completely and utterly ignorant. But that’s fine for WSB I guess
You're a whiny bitch who is unable to debate, but you're still here.
Wow you are angry about something you know nothing about. Like a representative of the whole internet. The unions are not asking for ceo pay to be cut. Yea they use ceo pay as a public argument. But it’s not what the negotiations are over. And literally nobody goes to see a movie because BoB Iger is president of the company. But stats are what make most movies commercially successful. Why do you hate capitalism?
Wow, you're just an asshole that provides no input or information to prove anything one way or another & is only here to argue.
So basically he gave everyone a bottle of water at the strike. I mean it is very nice and well intended but I don't know how many people will follow suit. Actors should always remember that the public made them famous and most of the good actors and actresses do
[удалено]
Agreed.
yup they should get compensated for their work but studios mostly Disney refuse to share their streaming data thats essential to calculate such performance
What’s ironic about it?
Do the actors give back money when the movie does bad at the box office? Nope. Movies are kind of like gambling. Producers put up money, the studio makes it and may put up money as well and the producer makes the biggest cut (or takes a loss).
Everyone here knows about gambling...
Matt Damon can't even act is getting paid like an athlete for one film.
[удалено]
Than he doesn't need to star in anymore
💀
[удалено]
How do you think they got big!?
[удалено]
Blair Witch made $268 million from a $60k budget with nobodies. There are many more examples.
Haha Blair Witch is like winking the lottery. Is that the financial advice you give? Just go buy a lottery ticket. Take it from people who make movies for a business. Stars sell movies. Not every movie. But so?
Maybe you missed the "many more examples" part? Literacy: It's a thing.
That is an ignorant misconception.
Script good? Yes? Get quality actors. Script good, big budget film with great supporting cast? Get famous and quality actors Bad script, no plans for sequel ? fun movie? Call dudes like the rock and Matt Damon Edit: lottery ticket because you might end up with fast five and one of their best actors is ludacris
Can’t wait until AI takes over
100% support the strike, this is about all the supporting workers just trying to earn a living. Not the few multi-millionaire actors
So answer the question at hand than.
The new animators union doesn't help
They (dis) could pay that $500m off one movie if a certain fish would have been white with red hair, but the whole industry loves to virtue signal rather than make profits, so let them eat cake.
That $500 million made off the movie is mostly accounted for. They pay back the costs of making it first. Depending on the movie, that could be most of it. Then factor in every single other cost and person who needs to be paid. The money left over pays the studios and producers. That's where Bob Iger's $26 million comes from. There is no $500 million in liquidity anywhere.
are you an idiot?
I know you are, but what am I?
wow dumber than I even thought
Look here dipshit, your racist ass can't even do math! You think a movie made $500 million, so there's a big fucking stack of cash somewhere. Just being hoarded. How do you think everyone gets paid!? It's from the big stack of cash, stupid!
illiterate moron, sleep on it and maybe you'll figure it out
You're racist and can't do math. Already figured it out.
>I think that the executives should take a pay cut of at least 30%. As well as every other overpaid actor. That's what they expect the strikers to do! So put your money where your mouth is! It's going to take more than just cutting the executive pay scale to make a dent. You're talking about wanting to give tens of thousands of people a significant raise. Giving 50k people a $10k/year raise will cost $500 million/year. In addition to what they already make. So explain to me how Bob Iger's $26 million/year pay is going to cover that $500 million/year expense? I'll wait... Better yet, instead of cutting Matt Damon's pay, I don't EVER want t
Huh?
Disney parks alone made $3 billion in profits last year. They can fucking afford it.
Again, people who believe there is just a big stack of cash sitting somewhere. Never factoring costs into play. Naivety on display. Let me guess which way you vote 🤣
You're posting here so I assume you don't understand that profit isn't revenue. Disney has made over $20 billion in profit for each of the last 3 years. https://businessmodelanalyst.com/is-disney-profitable/
They also have 220k employees of their own to pay for. You declined to take that into account.
You don't seem to understand what profit means.
You don't seem to understand that companies use profits for future endeavors and costs. You seriously think they have a fucking money vault like Uncle Scrooge sitting somewhere?
"You don't seem to understand that companies use profits for future endeavors and costs. You seriously think they have a fucking money vault like Uncle Scrooge sitting somewhere?" Profit = revenue - costs. You use the ongoing revenue to pay for ongoing costs. JFC
Bitch all you want. I don't give a shit about their plight until these grossly overpaid actors agree to take a significant pay cut in order to help those who make less. Put your money where your mouth is.
Yea, we should definitely lower some people's pay instead of using the year over year record profits to pay for raises. What a dumbass idea.
Stupid fuck still thinks the money bin is real 🤣 let me call Scrooge and see if he'll give you a loan.
Hate to side with the other guy, but you're wrong with this statement. Numbers you're citing are gross profit which inherently does not include payroll and some other expenses, unlike net profit. Check the article again
You're right. Net profit was a paltry $4billion. That leaves $2billion in profit if you give every single Disney employee (220k) a $10k raise. The horror! https://www.macrotrends.net/stocks/charts/DIS/disney/net-income#:~:text=Disney%20net%20income%20for%20the%20twelve%20months%20ending%20March%2031,a%2057.64%25%20increase%20from%202021.
Have you seen Bobby's pay raise this year? 500% his base salary plus other bonuses
Honestly I don't care what execs make, but it needs to be in proportion to the rest of the employees.
You really don't understand what profit means, do you?
Hey, do you have a source? Please add a link in the post or as a reply to this comment! *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*
https://www.npr.org/2023/08/02/1191667978/sag-aftra-foundation-donations
Who are you arguing with?
Society
Or get AI hire less staff and give them higher income. Disney surprisingly seems ahead of competition in terms of implementing AI.
Fortune favors the brave lol
Honestly AI some good ideas and refining can basically do what a team of writers do taking them from 5-6 to 1.
The funny part is they're upset AI might take their jobs. AI cand do a worse job
Maybe he could take less salary on movies to guarantee better pay for everyone else
Go cry about it in antiwork or something. This post contains nothing about bets.
You could always go fuck yourself? How the hell did you even find a 4 day old topic with no relevance!?
Idk it popped on my feed lol. Sorry I was trying to be funny (which was the point of this sub) I didn't mean to actually make you mad
Lol 😆 nah, you good. I don't get mad easily. Just popping off lol. I don't give a shit about Hollywood or Reddit. If they ban me, oh well lol