notjustfairytales

“Last year, Warner Bros. Discovery chief David Zaslav made $246.6 million; Disney’s Bob Iger made $45.9 million; and Paramount Global CEO’s Bob Bakish made $32 million. These individuals make more money per year than almost any entertainment executive before them. Just a small portion of each major CEO’s annual salary could cover the cost of the guilds’ reasonable structural and financial demands, and yet, they say it’s not possible. How could that be? Because it’s not about the money. It’s about power and perception. Almost none of these CEOs built the companies they run. We are not negotiating with Jack Warner or Walt Disney. We’re not even negotiating with the people who enriched these companies, like producer Robert Evans at Paramount in the 1970s. These CEOs are basically people who just work there—and who have contracts that allow them very large amounts of money. And right now, they don’t want anyone to know that. They don’t want anyone to know that they don’t actually build anything. They don’t want anyone to see them capitulate and bend the knee to any degree by making a deal with the writers and actors who build the product they fund and distribute. They don’t want to reasonably negotiate with these artists, because they think it will make them look weak. They think it will make them look like chumps, make them look simply like the employees of these companies that they are.”