“We were in the books of Warner Bros., and the biggest cost centers are people in productions,” he said in an interview. “There’ll be cuts in excess of $16 billion. They are telling people who lend them the money that’s going to happen in 18 months or so.”
This suggests that the company’s games division will be under scrutiny for cost-saving along with the firm’s film, TV and other assets. Warner Bros. is the home of Rocksteady, TT Games, Avalanche Software and mobile studios.
the biggest cost centers are people in production
almost like the two kinds of business are stealing profit from laborers or rent-seeking, and rent-seeking is by far more profitable.
If we just eliminate all production we will have zero costs
now you’re thinking like a shareholder
Yeah it is almost like that isn’t it
“storied gaming division”
Time traveler from 2015
How are there any media companies left in the US? Have they not already blobbed together?
the U.S. will build an official state media once they are all merged together and co-owned by the Oracle guy and at least 2 Trumpsons
15 billion dollar company in 110 billion dollars worth of debt. How the fuck are Shareholders okay with this?
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that’s nuts lol, our intrepid capitalist efficiency at work everyone
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I think they have to pretend to be okay with it even if they’re not because if their facade of being okay with it cracks their stock will lose more value
Likely scenario is that the whale stakeholders will just let the stocks rise via portfolio managers investing money of plebs into it and then get a profitable exit while the poors are left holding the bag.
I guess it really IS efficient! at stealing value
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Mortal Kombat fans on life support
yeah my gf just paid for a vpn and figured out how jellyfin works
I look forward to the entertainment media monopoly where nothing new is ever being made and the singular streaming services charges $200 a month(with ads) and has like 3 movies on it that constantly change, despite DisneyParamountComcastFox owning the IP rights to every film ever made, because the CEO decided it would be better to do a “trickle out” strategy so that people can’t watch everything at once and then cancel their service.
I know like, one couple who still uses any of these streaming services, everyone else I know can no longer afford these bullshit streaming services and just pirates.
