4 ms·
I'm half convinced this was a giant payday scheme on the part of everyone but Whitman and Katzenberg. "Oh yes, sounds like a great idea! I need to get paid up f
by xnyan 6y ago
I'm half convinced this was a giant payday scheme on the part of everyone but Whitman and Katzenberg. "Oh yes, sounds like a great idea! I need to get paid up front of course" - All the creators and actors cashing in.
I've never liked any management work Whitman has done, and Katzenberg's primary skill is raising money. How could this have possibly gone right?
- kevstev 6y agoInterestingly I bought my house from a fairly high up (they have a "head of" title) person that defected to LA to work for Quibi. At the time my wife, who is in media, thought that it was a great move that was pretty much guaranteed to be a home run. I wonder how they made out on it all. they had reasonably good track record prior and likely had a reasonably good cash component, but any equity they had must be wiped. I feel bad saying this, but I thank Quibi for my lovingly renovated house. No backsies!