Business, Economics, and Taxes: Capitalism. Yay? >=(

[dxmnkd316]

Paramount should avoid getting embroiled in that cesspool of a corporation.

I’m not saying Paramount is a paragon of good decisions, but it’s not the crapfest that is WB’s head honchos.

Paramount is one of the rare streaming services that seems to understand itself.

 

[Handyman]

Problem is Paramount has like 30% less subs than Max does and that will only get worse as Max expands. (Both are behind Di$ney+ obviously) Either Paramount joins another studio or they might as well be Apple's worthless streamer. The combined Showtime and HBO catalog plus Star Trek, DC and Harry Potter alone is a lot of exploitable ips.

Most likely Zazlov and his crew want out anyways which means the RWNJ stroking leaves too. CNN goes back to what they were, CBS gets their WB shows much cheaper and WBD gets the network they have always wanted going back to AOL. (Zazlov wanted Comcast/Universal) Plus the sports deals as well.

If the right person is put in charge (ie not WBD affiliated) it could be a behemoth. At least it stops Amazon from buying either of them.

 

[Handyman]

Twitter crapped the bed for much of the night...

 

[FadeToBlack&Gold]

The Paramount Plus app performs horribly, but they never seem to fix it, so I guess millions of people are just putting up with it. We cancelled until they release something worth the trouble.

 

[Handyman]

I have literally never had an issue with it and I use it all the time. It must love Android based stuff ;^)

Heck I have even watched sports on it without an issue...

 

[aparch]

I've never had a problem with the AppleTV version of Paramount+ either.

 

[Kepler]

Bad news for the traitors, good news for the rest of us.

 

[dxmnkd316]

I've never had a problem with the AppleTV version of Paramount+ either.

Not to pile on Fade, but ditto

 

[FadeToBlack&Gold]

Until recently we had been using P+ primarily on a Firestick with an older TV, which may very well have been the problem.

On another note, my wife has a friend who works as an underwriter for a well-known publicly-traded mortgage lender here in Michigan (not Rocket, the other one). He's been pulling a ton of 70-80 hour weeks lately as they have not been backfilling people who quit or get fired, and instead just pile their work on the people who remain. Here's the wild story. They were all recently presented with a commitment contract whereby they will be paid a lump sum of $30,000 now, in exchange for 3 years of service beginning 1/1/24. If they make it the full 3 years, they will receive a 20% raise and $25,000 in equity RSUs. However, if they resign or are terminated before the contract is up, they must pay back the $30,000 lump at 5% interest, and they are barred from receiving any raises for the duration of the 3-year commitment. He finally caved and signed it after management visited his office under the pretense of "clearing up any questions" he had about it, with a strong hint of "Would be a shame if you didn't take the deal."

Meanwhile, the CEO of this company recently bought an NBA team, and is building a 60,000 square foot mansion with its own private theme park, to include a go-kart track, a lazy river, and other excesses. His neighbors, hilariously, are not amused and have been complaining.

We really do need to eat the rich.

 

[dxmnkd316]

I would run from that place as fast as I fucking could. Sounds like an MLM.

 

[Deutsche Gopher Fan]

Yeah that sounds terrifying

 

[FadeToBlack&Gold]

Unfortunately, they pretty much have him by the balls at the moment. As he puts it, he's got a mortgage to pay and a crappy B.S. in Psychology with little experience in any other industry.

 

[Drew S.]

Until recently we had been using P+ primarily on a Firestick with an older TV, which may very well have been the problem.

On another note, my wife has a friend who works as an underwriter for a well-known publicly-traded mortgage lender here in Michigan (not Rocket, the other one). He's been pulling a ton of 70-80 hour weeks lately as they have not been backfilling people who quit or get fired, and instead just pile their work on the people who remain. Here's the wild story. They were all recently presented with a commitment contract whereby they will be paid a lump sum of $30,000 now, in exchange for 3 years of service beginning 1/1/24. If they make it the full 3 years, they will receive a 20% raise and $25,000 in equity RSUs. However, if they resign or are terminated before the contract is up, they must pay back the $30,000 lump at 5% interest, and they are barred from receiving any raises for the duration of the 3-year commitment. He finally caved and signed it after management visited his office under the pretense of "clearing up any questions" he had about it, with a strong hint of "Would be a shame if you didn't take the deal."

Meanwhile, the CEO of this company recently bought an NBA team, and is building a 60,000 square foot mansion with its own private theme park, to include a go-kart track, a lazy river, and other excesses. His neighbors, hilariously, are not amused and have been complaining.

We really do need to eat the rich.

I’m not a lawyer but I think they would have a hard time getting a judgment against him where he signed the agreement under duress. If he did have to pay back some of the ‘bonus’ it would likely be on a pro rata basis with no interest.

 

[dxmnkd316]

Until recently we had been using P+ primarily on a Firestick with an older TV, which may very well have been the problem.

On another note, my wife has a friend who works as an underwriter for a well-known publicly-traded mortgage lender here in Michigan (not Rocket, the other one). He's been pulling a ton of 70-80 hour weeks lately as they have not been backfilling people who quit or get fired, and instead just pile their work on the people who remain. Here's the wild story. They were all recently presented with a commitment contract whereby they will be paid a lump sum of $30,000 now, in exchange for 3 years of service beginning 1/1/24. If they make it the full 3 years, they will receive a 20% raise and $25,000 in equity RSUs. However, if they resign or are terminated before the contract is up, they must pay back the $30,000 lump at 5% interest, and they are barred from receiving any raises for the duration of the 3-year commitment. He finally caved and signed it after management visited his office under the pretense of "clearing up any questions" he had about it, with a strong hint of "Would be a shame if you didn't take the deal."

Meanwhile, the CEO of this company recently bought an NBA team, and is building a 60,000 square foot mansion with its own private theme park, to include a go-kart track, a lazy river, and other excesses. His neighbors, hilariously, are not amused and have been complaining.

We really do need to eat the rich.

So I found a picture of said billionaire. He looks exactly like I imagined. A 45-yo man who looks like he's both 45 and 25 at the same time. Just oozes creep.

Anways, the Freep article about him is weird. Everyone complains then eventually almost enthusiastically endorses this project. Sounds like his lawyers got to them or they were paid off. The weirdest comments come from the planning commission. Just... bizarre stuff. I hope he dies penniless and in a ditch.

 

[dxmnkd316]

I’m not a lawyer but I think they would have a hard time getting a judgment against him where he signed the agreement under duress. If he did have to pay back some of the ‘bonus’ it would likely be on a pro rata basis with no interest.

I'm not sure that's what duress is. Sounds like moderate discomfort and squirming in his chair.

I also don't think you should ever sign a contract without a real lawyer advising you. "I'm sure the mortgage company will just give me a better payment if I can't afford it."

 

[Handyman]

So I found a picture of said billionaire. He looks exactly like I imagined. A 45-yo man who looks like he's both 45 and 25 at the same time. Just oozes creep.

Anways, the Freep article about him is weird. Everyone complains then eventually almost enthusiastically endorses this project. Sounds like his lawyers got to them or they were paid off. The weirdest comments come from the planning commission. Just... bizarre stuff. I hope he dies penniless and in a ditch.

Most likely they hit the part of the MLM where they no longer are the scammed but are the scammers so now they "make money" by selling the same crap that was ripping them off earlier. Basic MLM guru BS that is all over Youtube. If he has a Lamborghini in any pictures he is 100% a scam guru.

 

[dxmnkd316]

Most likely they hit the part of the MLM where they no longer are the scammed but are the scammers so now they "make money" by selling the same crap that was ripping them off earlier. Basic MLM guru BS that is all over Youtube. If he has a Lamborghini in any pictures he is 100% a scam guru.

He's building a house with a lazy river and a go kart track. Of course he has a Lamborghini picture.

 

[Spartanforlife4]

I’ve heard nothing but bad things about working at UWM. I would hope there’s a clause in there for termination having to be for cause, because otherwise what’s to stop them from laying people off near the end to recoup the 30k?

 

[Kepler]

So I found a picture of said billionaire. He looks exactly like I imagined. A 45-yo man who looks like he's both 45 and 25 at the same time. Just oozes creep.

I need to see this; what is his name?

I'm imagining 1988 Ralph Macchio with a combover.

 

[dxmnkd316]

I need to see this; what is his name?

I'm imagining 1988 Ralph Macchio with a combover.

Mat Ishiba