November 15, 2007

WGA v The Followers of Janus...

In case anyone's lost the plot, the core of this strike is a requirement by the WGA to finally get some long-overdue reward from the $-billions being made by the six corporations that control the majority of American media. The Nets claim there's no money in Internet and cellphone streams, and they'll share whatever they find at some undetermined point in the future.

But when they talk to the Shareholders, these same corporate suits are claiming profits in millions and gleefully assuring them that tons more easy money is on the way.

...Did I miss a memo or is somebody here getting lied to?

Anyone who's run a major business will tell you the first rule is to keep your Shareholders happy, but this smacks of malfeasance. They tell the Shareholders there's so much profit they can't spend it all, while at the same time donning sackcloth and ashes to tell the Writers they're broke and couldn't possibly find another dime.

This to the people who make the whole industry – and their own fat salaries – possible?!

As I see it, the Nets can't win: Lie to the Writers and the strike continues, and your precious profits land in the toilet...Fast! But lying to the Shareholders? That's fraud. And that wins you a bespoke orange jumpsuit.

Either way, they're trapped; If the Internet and cellphone markets are the vast ocean of green of which they're assuring the Shareholders this entire strike was caused by boundless, disingenuous greed, perpetrated to steal from the Writers to pad the bottom line and inflate their own related bonuses.

If, however - and I severely doubt this could be the case -- the claims of poverty are the truth, the Shareholders are backing a group of such staggering collective stupidity they remain utterly unable to define a single way to profit from the greatest technological advance in the medium since the arrival of Satellite.

Once this inexorable truth was revealed, of course, the Shareholders would leave, their investment would leave and the Networks would collapse overnight.

The bosses have no honorable choice but to apologize for this premeditated deceit, and either the Writers or the Investors need to get the truth. Now.

Would any of you care to bet on how soon that's likely to happen??
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This blog is written by Michael J. Austin.
Created in Linux, with Open-Source software.
Contact me at: HarlequinMail @ GMail.com