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The article glaringly omits the fact that Peter Jackson had to sue New Line to get the proceeds from the film as he was grossy underpaid due to hollywood accoun

The article glaringly omits the fact that Peter Jackson had to sue New Line to get the proceeds from the film as he was grossy underpaid due to hollywood accounting tricks/fraud that claimed there wasn't that much profit. [1] No doubt variety.com don't want to remind us that their content sources (the studios) can be dodgy as whenever they can get away with it. [1] https://www.nytimes.com/2005/06/27/business/media/the-lawsuit-of-the-rings.html https://www.nytimes.com/2005/06/27/business/media/the-lawsui...

prometheon1 5y ago
Is there a word for the phenomenon "company does something morally questionable to increase (short-term) profits"? I feel like it happens all the time but society just kind of complains and then forgets about it. If we have a word for it we can call it out and keep track of it better.
- krapp 5y ago
  >Is there a word for the phenomenon "company does something morally questionable to increase (short-term) profits"? Capitalism.
  - deleted 5y ago
    [deleted]
  - Apocryphon 5y ago
    Specifically: maximizing shareholder value
tzs 5y ago
> The article glaringly omits the fact that Peter Jackson had to sue New Line to get the proceeds from the film [...] No doubt variety.com don't want to remind us that their content sources (the studios) can be dodgy as whenever they can get away with it The article is "‘Lord of the Rings’ at 20: Why Peter Jackson’s Trilogy Was One of Hollywood’s Riskiest Projects Ever", not "Lord of the Rings: The Complete History of The Movie". How the money was distributed afterwards would be out of place. The Jackson lawsuit was mentioned in this Variety article [1] on another legal case involving LotR. There the Jackson suit against New Line was on topic, and so it gets mentioned. [1] https://variety.com/2017/film/news/lord-of-the-rings-lawsuit-tolkien-warner-bros-1202486336/ https://variety.com/2017/film/news/lord-of-the-rings-lawsuit...

prometheon1 5y ago

Is there a word for the phenomenon "company does something morally questionable to increase (short-term) profits"? I feel like it happens all the time but society just kind of complains and then forgets about it. If we have a word for it we can call it out and keep track of it better.

krapp 5y ago
>Is there a word for the phenomenon "company does something morally questionable to increase (short-term) profits"? Capitalism.
- deleted 5y ago
  [deleted]
- Apocryphon 5y ago
  Specifically: maximizing shareholder value

tzs 5y ago

> The article glaringly omits the fact that Peter Jackson had to sue New Line to get the proceeds from the film [...] No doubt variety.com don't want to remind us that their content sources (the studios) can be dodgy as whenever they can get away with it The article is "‘Lord of the Rings’ at 20: Why Peter Jackson’s Trilogy Was One of Hollywood’s Riskiest Projects Ever", not "Lord of the Rings: The Complete History of The Movie". How the money was distributed afterwards would be out of place. The Jackson lawsuit was mentioned in this Variety article [1] on another legal case involving LotR. There the Jackson suit against New Line was on topic, and so it gets mentioned. [1] https://variety.com/2017/film/news/lord-of-the-rings-lawsuit-tolkien-warner-bros-1202486336/ https://variety.com/2017/film/news/lord-of-the-rings-lawsuit...