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Speaker 1: And now it's time for Joe Escalante live from Hollywood.

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Speaker 1: If my Hollywood you mean Burbank across the street from

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Speaker 1: a meaner schnitzel that serves beer.

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Speaker 2: Joe, are you there?

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Speaker 3: This is Joe Escalante live from Hollywood. We're trying to

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Speaker 3: get Joe Escalante connected here. He should be able to

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Speaker 3: talk down the line right now. Joe, can you hear me?

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Speaker 3: We're having some technical issues over here. Let me send

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Speaker 3: him a quick message to make sure he can hear

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Speaker 3: me over here. This is the next two hours, hopefully

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Speaker 3: of the latest from Hollywood producer Sam right now. Uh, Joe,

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Speaker 3: I can see you on your camera, but I am

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Speaker 3: not hearing you down your line right now. So uh

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Speaker 3: jump in whenever you can, and I'll be very happy

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Speaker 3: to have you on there.

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Speaker 2: You're already potted up. Uh.

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Speaker 3: So, let's see so far in Hollywood. Let's yeah, I

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Speaker 3: live above. There we go, I got you. There you are,

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Speaker 3: Joe Escaltecome, I got a problem. Okay, we all got

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Speaker 3: a problem.

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Speaker 4: No, it's just it's just it's just technical stuff. But

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Speaker 4: here we are. Can you hear me? Okay? Is everything?

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Speaker 4: Does this sound like kind of a radio show?

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Speaker 1: Yeah?

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Speaker 2: No, we got you it sounds good.

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Speaker 4: Oh doubt it, but we'll go anyway. Joe scant here.

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Speaker 4: This is live from Hollywood. If by Hollywood you mean

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Speaker 4: Burbank across the street from a Wiener Schnitzel that serves

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Speaker 4: beer and uh okay, So the big story this week,

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Speaker 4: this weekend. This this is a Sunday night recap really

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Speaker 4: of the weekends and the week's entertainment news business of Hollywood.

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Speaker 4: It's all about Wicked tonight, and Wicked is breaking records

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Speaker 4: right when it's needed. And meanwhile, back in the real

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Speaker 4: life department, Warner Brothers Discovery is on the auction block,

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Speaker 4: and the White House is somehow in the writer's room,

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Speaker 4: and in our legal round up later on, Rebel Wilson

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Speaker 4: Nick Carter both fighting off fresh defamation battles, because in Hollywood,

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Speaker 4: even the lawsuits have sequels. Hilarious, Joe, You're hilarious. Okay,

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Speaker 4: So let's go to Wicked, Sam, how many times have

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Speaker 4: you seen Wicked this weekend? I mean, it's only been

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Speaker 4: out for three days, but how many times have you

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Speaker 4: seen it?

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Speaker 3: I have an excuse for having zero time seeing it.

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Speaker 3: My kid was at home with the fever, and I

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Speaker 3: had to take care of him because I'm a good dad.

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Speaker 3: But I'm going to have to make up for it

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Speaker 3: by being a good dad to my daughter and taking

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Speaker 3: her to see it at least three times this week

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Speaker 3: just because.

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Speaker 4: Okay, m yeah, the you know if you I'm sure

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Speaker 4: you must know what we're talking about if you're on

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Speaker 4: planet Earth. But Wicked for Good this is the follow

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Speaker 4: up sequel to the successful successful adaptation of the Broadway

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Speaker 4: show Wicket and At, debuted this weekend with an estimated

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Speaker 4: one hundred and fifty million in domestic ticket sales. That's

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Speaker 4: a lot of people seeing it several times because everyone

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Speaker 4: has to make up for me. Who I just can't

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Speaker 4: drag myself to the theater to see that. I saw

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Speaker 4: the first one and I don't regret it. But I

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Speaker 4: don't know. I didn't need to do that.

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Speaker 2: My girlfriend saw it twice.

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Speaker 4: The one already.

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Speaker 2: Yeah okay, yes, said on successive successive days.

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Speaker 3: She went and saw it. What Friday night when it opened,

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Speaker 3: and then yesterday or yeah, yesterday Saturday?

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Speaker 4: Okay. She so she like, she said, it's good, she

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Speaker 4: gives a good report.

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Speaker 3: She said, she's done for now. She doesn't need to

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Speaker 3: go and see it anymore. But she was very much entertained.

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Speaker 2: She was. She gives it glowing reviews because I mean,

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Speaker 2: she's a woman, right, Okay.

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Speaker 4: So one hundred and fifty million spread out around four

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Speaker 4: thousand plus theaters. It's about thirty six thousand dollars per

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Speaker 4: screen for the weekend, two hundred and twenty six million globally.

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Speaker 4: When you add the seventy six million in international markets,

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Speaker 4: they make it the largest opening ever for a Broadway

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Speaker 4: musical adaptation adaptation and one of the top you know

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Speaker 4: openings all year, that's for sure. It comes at a

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Speaker 4: time when the you know, US domestic box office is

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Speaker 4: down and high profile event films can you know, shows

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Speaker 4: that they can really drive ticket sales. So the movie

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Speaker 4: business is still something if you have the right ip

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Speaker 4: and you have one hundred million dollars to market it. So,

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Speaker 4: and it's a sequel that surpassed the opening of its

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Speaker 4: original film, which means this franchise has legs. But it

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Speaker 4: seems like this is the end of the sequels, I

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Speaker 4: guess because it's for good to me, that means that's

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Speaker 4: the end of it. But maybe they have more. I

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Speaker 4: don't know. They'd be smart to do something, So it's

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Speaker 4: good for everybody. You know. It just shows that, you know,

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Speaker 4: there's still people will still go to the movies if

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Speaker 4: you give them something they want to see. So you

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Speaker 4: just have to figure out how to get them there,

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Speaker 4: because it's not like they won't go. They will go.

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Speaker 4: It just has to be it has to be something

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Speaker 4: a little more than it used to be, because people

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Speaker 4: used to go just for something to do because they

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Speaker 4: had nothing else to do the problem with the movie

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Speaker 4: industry right now is kids have too many things to do.

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Speaker 4: And even though movies remain a good deal compared to

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Speaker 4: you know, maybe like going to Disneyland or not very

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Speaker 4: farm or drugs and alcohol, it's cheaper, but you know, uh,

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Speaker 4: hard to compete with the number one, the the video

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Speaker 4: games and the TikTok and the what's the worst of all,

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Speaker 4: sam is the five For five hundred dollars, you can

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Speaker 4: buy an eighty five inch TV screen at Costco or

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Speaker 4: you know, close to it at seventy five inch.

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Speaker 3: Yeah, no kidding, like those TVs. Every time I go

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Speaker 3: in there, I want one badly.

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Speaker 4: Yeah, well they I mean so the big TVs is

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Speaker 4: a problem for the movie theaters.

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Speaker 3: Projection screens Also I've got I've got a little projector

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Speaker 3: in my bedroom. My bedroom wall is my TV. I

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Speaker 3: watch my Laker games on there and it's amazing. I

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Speaker 3: watch I play video games on there. I watch movies

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Speaker 3: on there, and yeah, it's it's a past. This is

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Speaker 3: most viewing experiences when you can just lay on your

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Speaker 3: bed and watch something on your wall. But we'll have something.

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Speaker 4: So where do you put your art? Is it in

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Speaker 4: like a warehouse somewhere like downtown? Your art collection? Is it?

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Speaker 4: How do you have that much wall space? Oh?

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Speaker 2: I don't.

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Speaker 3: I just got one of those really cheap ones, so

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Speaker 3: it's like one hundred and twenty dollars ones from WALMT.

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Speaker 4: Now, but where are you hanging your art?

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Speaker 2: My art? I don't have any minimal list.

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Speaker 4: Oh okay, okay, good answer. All right, Well let's go

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Speaker 4: to the box office. And you know when am I'm

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Speaker 4: just trying to preach to people that you know, go

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Speaker 4: to the movie theaters. Otherwise they'll disappear and then you'll

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Speaker 4: be sorry. Now Wicked for good number one number two?

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Speaker 4: Now you see me? Now, you don't that magician thing

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Speaker 4: that I can't bring myself to see? Predator Badlines Number

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Speaker 4: three the running Man. We'll talk about that a little

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Speaker 4: more later. Rental Family number five. Then the rest of

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Speaker 4: it is.

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Speaker 3: Just I'll give you this one of them you didn't

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Speaker 3: mention as a as. I will go see three times

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Speaker 3: this week in the theater to balance out all of

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Speaker 3: the stuff from Wicked. The sequel to see Sue.

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Speaker 4: Yeah, see Sue is number six.

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Speaker 2: Yeah, I'm so gonna see that one.

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Speaker 4: Well, then two million, six hundred thousand, why don't you

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Speaker 4: tell us why we should see ce Sue? What's the

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Speaker 4: story being on that?

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Speaker 3: Well, the first one was an amazing movie, came out

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Speaker 3: like two three years ago, set at the very tail

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Speaker 3: end of World War Two.

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Speaker 2: I believe.

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Speaker 3: It's in Finland and they they the Nazis were on

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Speaker 3: their way out and this one guy who had just

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Speaker 3: finished killing a bunch of Russians found a bunch of

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Speaker 3: gold and the Nazis were trying to take it from him.

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Speaker 3: So it's him basically coming up with creative ways to

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Speaker 3: blow up every Nazi he sees without getting killed. And

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Speaker 3: it's phenomenal, And there's an adorable dog that chases him

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Speaker 3: all around and he only has one line in the

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Speaker 3: entire movie, and it's hilariously disarming.

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Speaker 4: Okay, well, I remember you talking about this ce Sue

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Speaker 4: movie and I missed it in the theater, so maybe

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Speaker 4: i'll see it this time. Can I see ce Sue

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Speaker 4: Road to Revenge without seeing the original se Sue?

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Speaker 2: I have no idea.

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Speaker 3: I need to see this one to let you know,

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Speaker 3: but I am definitely excited about that one.

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Speaker 4: All right, Well, let me know how that goes, because

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Speaker 4: I don't know if I can see two Ceasus, you know,

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Speaker 4: in a week, but I'll look into it for right now.

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Speaker 4: Let's take a break and check the traffic and come back.

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Speaker 4: Joe Ascalante Live from Hollywood continues.

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Speaker 2: All right, Joe, are you there, I'm here. Excellent, all right,

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Speaker 2: go for it.

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Speaker 4: What would you like? You like radio program? Is that

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Speaker 4: what you're into?

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Speaker 2: Yeah, yeah, a little bit. You know, Hey, that's what

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Speaker 2: we do.

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Speaker 4: All right, Well, where did we leave it? We left

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Speaker 4: it off when we were talking about the the box

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Speaker 4: offic and you were talking about See Zoo. Maybe I'll

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Speaker 4: see See Zoo. Maybe I won't see se Zoo. And yah.

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Speaker 3: The thing is the good thing about it is it

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Speaker 3: feels very apolitical because at the beginning he's fighting against

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Speaker 3: one side and at the end, he's fighting at the

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Speaker 3: other side. So the guy is known for killing, you know,

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Speaker 3: one side of soldiers, and then all the people that

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Speaker 3: are trying that he's trying to kill during this film

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Speaker 3: are people who are actively trying to take his gold.

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Speaker 4: Now do you think it's I think I remember this

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Speaker 4: movie last time because I was like, okay, that's uh,

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Speaker 4: it's kind of low hagging through. It's like this guy

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Speaker 4: he does he start out as a Nazi and then

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Speaker 4: he turns into fighting the Nazis.

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Speaker 1: Is that?

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Speaker 4: What is that what you're saying?

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Speaker 2: No, No, he was fighting.

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Speaker 3: He was I believe from Finland and they were tired

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Speaker 3: of having Russians going in and attacking them, so he

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Speaker 3: fought against them, and he was known as a guy

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Speaker 3: who was like the one man army that just just

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Speaker 3: killed a ton of Russians. And then in this one

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Speaker 3: they were like they the Nazis just crossed pads with him,

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Speaker 3: found him because and he at that time happened to

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Speaker 3: be sporting a whole bunch of gold on him and

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Speaker 3: they were going to kill him and take his gold,

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Speaker 3: and he decided to you know, not let that happen.

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Speaker 4: Okay, So then then what then what then, who is

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Speaker 4: he fighting for after that?

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Speaker 3: Nobody for himself, for his goal? Okay, yeah, and the

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Speaker 3: dog that chases him around, and the dog is adorable.

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Speaker 4: So you're saying, this guy the Nazis are trying to

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Speaker 4: are trying to steal his goal.

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Speaker 3: Yeah, Like World War two is over. They realized that

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Speaker 3: if once they go back to Germany, they're going to

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Speaker 3: be tried for war crimes. So they were like, let's

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Speaker 3: get what we can and get out, right, And so

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Speaker 3: they were trying to get what they could from him,

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Speaker 3: and he was not pleased.

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Speaker 4: Okay, I'm I like that. I'm probably gonna see it.

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Speaker 4: But let me talk to Let me talk to you

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Speaker 4: about a movie that it did see. I did see

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Speaker 4: a movie called Running Man.

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Speaker 2: All right.

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Speaker 3: Now, we had talked about this one last week, and

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Speaker 3: I'm a big fan of the original.

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Speaker 2: I know you haven't seen the original. What'd you feel

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Speaker 2: about this one?

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Speaker 4: Well, I mean, you know, it was directed by my

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Speaker 4: favorite director living director, one of them at least, Edgar Wright.

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Speaker 4: And he's known for one of my favorite movies in

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Speaker 4: the last five years, which is Last Night in Soho.

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Speaker 4: And then he did a Sparks documentary and that's a

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Speaker 4: labor of love. You're doing a documentary, You're not going

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Speaker 4: to make any money. It did do well at went Awards,

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Speaker 4: it went into the festival circuit, but when you came

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Speaker 4: out of that, I'm thinking last Night so didn't make

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Speaker 4: any money. It was too good to make money. Then

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Speaker 4: the Sparks movie didn't make any money because it's a documentary,

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Speaker 4: so that at some point this guy's got to get

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Speaker 4: back to directing movies that make money. So what happened

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Speaker 4: was he took a job directing a sequel to a

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Speaker 4: movie from the eighties. Is that what this movie's from?

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Speaker 3: Yeah, it was on nineteen eighty six, And honestly, there

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Speaker 3: was a lot of other ips that they could have

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Speaker 3: picked from from that era. And I mean, I'm happy

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Speaker 3: that they picked one of my favorites, but there's a

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Speaker 3: lot of them that were a little more popular than

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Speaker 3: The Running Man.

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Speaker 4: Yeah, you know, I just think he just said when

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Speaker 4: someone said, hey, we're direct this is like a blockbuster

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Speaker 4: with Glenn Powell, who's now like a household name, just

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Speaker 4: about hosting Saturday Night Live and starring in the movie

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Speaker 4: that made Arnold Schwartzen, you're into such a big star

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Speaker 4: or helped, you know, sustain his status as a major

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Speaker 4: movie star, and so it's a lot of pressure, but

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Speaker 4: it's high profile. I just don't think he had enough

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Speaker 4: to work with thirty. I just don't think it was

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Speaker 4: that good. It was my least favorite Edgar Wright movie.

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Speaker 4: And I just, you know, at first, I'm on, this

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Speaker 4: is really cool, man. It's a lot of fun. There's

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Speaker 4: a lot of stuff going on here. Man. I see

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Speaker 4: the nods to Arnold Schwarzenegger's faces on the dollar bills

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Speaker 4: and in this dystopian society, and they're gonna have this

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Speaker 4: big game and everyone's gonna run around and try to

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Speaker 4: find this.

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Speaker 2: Running Let's go to break.

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Speaker 4: But I just didn't do it for me. Sam, all right,

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Speaker 4: cho what's goanting? Life? From Hollywood? I's by Hollywood? You

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Speaker 4: mee Bourbank? How's the audio right now? Sam?

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Speaker 2: Can you sound get over here?

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Speaker 4: Okay, let's see. I'm gonna be checking later because I

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Speaker 4: have my doubts about my setup right now, but for

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Speaker 4: right now, I'm gonna take your word for it. Okay,

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Speaker 4: So we're talking about the Running Man, I don't know.

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Speaker 4: I mean, I don't read Stephen King books, to be honest.

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Speaker 4: I can't read everything, so I just don't read them.

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Speaker 4: So it did twenty seven million domestically, about forty eight

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Speaker 4: million worldwide, on a budget of one hundred and ten millions.

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Speaker 4: Because this is a you know, a dystopian universe, so

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Speaker 4: they have to it's they have to do a lot

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Speaker 4: of special effects and a lot of big sets to

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Speaker 4: make the world and it like, you know, I guess

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Speaker 4: it's New York City. I guess it's it's it's a

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Speaker 4: They got to make it look like it's destroyed but

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Speaker 4: still livable, and so many extras people walking around in

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Speaker 4: the crowded world. And I got to tell you, it

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Speaker 4: looked a little cheap, even at one hundred and ten million.

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Speaker 4: At some points in the movie, and there was some

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Speaker 4: some writing, wasn't you know. Stellar didn't move me. But

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Speaker 4: at the beginning, I'm like, hey, running man, this is

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Speaker 4: gonna be great. You're right, all kinds of cool stuff's

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Speaker 4: gonna happen. Then it was about I think it was.

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Speaker 4: It was I was enjoying it, you know. But then

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Speaker 4: at about like maybe forty five minutes into the movie,

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Speaker 4: I'm like, I think this movie might be stupid. And

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Speaker 4: it's like at that point, you're like, bet something. You

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Speaker 4: better turn a corner. There better be something like, oh, okay,

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Speaker 4: this is why this is.

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Speaker 3: You know, were there have well delivered one liners like

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Speaker 3: there were, like seriously, every single scene in the original film,

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Speaker 3: like every death scene was a lead up. Everything that

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Speaker 3: you saw was a setup to a in a Schwarzenegger

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Speaker 3: one liner.

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Speaker 2: There has to be and they have.

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Speaker 4: To answers no, the answer is no, And I'll tell

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Speaker 4: you it probably like that's probably Edgar Wright saying I

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Speaker 4: don't need that stuff. I'm an accomplished director. It's gonna

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Speaker 4: be a good movie because Running Man was probably not

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Speaker 4: a good movie and you were just too young to

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Speaker 4: know that that it sucked.

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Speaker 2: Yeah, no, it probably did.

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Speaker 3: But I mean, yeah, there's still so many hilariously bad

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Speaker 3: one liners in that movie.

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Speaker 4: No nobody wants to direct that movie. So Edgar Wright

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Speaker 4: tried to make the best movie he can make, and

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Speaker 4: Cash the check was the best that I think he

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Speaker 4: did that. I think he made the best movie he

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Speaker 4: could make, considering the script and the stupid, you know,

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Speaker 4: just tired topic of a of a of a dystopian

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Speaker 4: race death race. You know, I mean, we've already seen

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Speaker 4: it in Hunger Games, Hunger Games, and then the movie

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Speaker 4: that Hunger Games stole it from.

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Speaker 2: The original Running Man.

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Speaker 4: No, No, the no, the Battle Royale, which is the

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Speaker 4: movie the Japanese movie where Yeah, Hunger Games like literally

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Speaker 4: ripped off the whole plot. Yeah, or Battle from Battle Royale.

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Speaker 4: And I think the Hunger Games did a great job.

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Speaker 4: They took it to a new level for international audiences.

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Speaker 4: I'd much rather watch Hunger Games. I mean, I I

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Speaker 4: mean Battle Royale. I don't have time for this movie.

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Speaker 4: But Edgar right, I'm sure he did the best he could.

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Speaker 4: And the only thing that would have made it worse

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Speaker 4: is if he was trying to set up a bunch

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Speaker 4: of one liners. So I'll give him that. Because we

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Speaker 4: don't need to make this movie for you know, Sam

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Speaker 4: Zia thirty years from now. You got to make this

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Speaker 4: movie for today's audience, Like, hey, let's make this movie

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Speaker 4: that Sam's gonna like thirty years from now.

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Speaker 2: No wonder why this movie sucked, then.

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Speaker 4: Yeah it did. That's what they were doing. They were

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Speaker 4: making a movie for someone thirty years in the future. Okay,

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Speaker 4: But I got more serious stuff to talk about on

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Speaker 4: this show than this crappy movie. Oh it is it

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Speaker 4: sounds disappointing.

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Speaker 3: I just need to I just need a moment to

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Speaker 3: reflect on how disappointed I am to hear that the

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Speaker 3: remake of The Running Man a movie. I mean, seriously,

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Speaker 3: it it really was like the guy that made Diehard

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Speaker 3: made The Running Man, and really it was like the

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Speaker 3: first movie of that kind where it was like that hardcore,

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Speaker 3: high action stuff that had great one liners and like

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Speaker 3: iconic moments from the eighties, and it was like the

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Speaker 3: first of that genre of eighties action movies. And to

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Speaker 3: hear it fall short for today's audience, it doesn't surprise me.

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Speaker 3: But at the same time, I'm a little sad.

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Speaker 4: Yew In those days, I wasn't seeing these movies. I

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Speaker 4: was seeing like movies like I was at a little

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Speaker 4: I was in a snobby period of my movie going,

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Speaker 4: watching only movies like Tampopo or Hachi Ko, a lot

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Speaker 4: of Japanese movies.

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Speaker 2: Oh those are.

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Speaker 3: Good though, Yeah, I mean, I mean movie snobbing. If

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Speaker 3: you're like there are plenty of worse ways you can

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Speaker 3: go if you're movie snob in it.

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Speaker 4: Yeah, that's what I was doing. David Lynch movies and

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Speaker 4: uh Samurai movies, Hung Fu movies I wasn't watching. Oh,

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Speaker 4: I would go see blockbusters like The Killing Fields, but

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Speaker 4: I wouldn't. I wouldn't go see these these action movies

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Speaker 4: that kind you're speaking of. I just wouldn't so, and

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Speaker 4: you know, and I wasn't going to a lot of

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Speaker 4: movies because I'm so you know, it involved in like

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Speaker 4: punk rock, and like what am I missing if I

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Speaker 4: sit in a movie theater. So I didn't go to

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Speaker 4: all of them. But but if there's a movie like

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Speaker 4: Elephant Man directed by David Lynch, you know I'm gonna

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Speaker 4: be there on opening night, or a movie like I said,

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Speaker 4: Bill Murray movie where he plays an alcoholic clown shake

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Speaker 4: shakes the clown. Yeah, stuff like that.

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Speaker 2: Yeah, that's those are great.

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Speaker 4: And every once in a while a crazy movie like

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Speaker 4: Scanners or something. But so I don't know, these movies

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Speaker 4: aren't for me. I don't have any nostalgia farm I

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Speaker 4: don't have. I don't have any Dolph lungdern nostalgia. I

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Speaker 4: don't have any Arnold Schwarzenegger nostalgia. I don't have it.

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Speaker 3: The thing that sustained them wasn't necessarily the theaters. I

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Speaker 3: don't remember seeing aside from like Terminator too. I don't

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Speaker 3: remember going to the theater to see any like anything

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Speaker 3: like The Running Man or anything like that. They were

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Speaker 3: sustained and they achieved their cult classic on HBO during

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Speaker 3: like the summer months when kids were home from school

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Speaker 3: and watching nothing, having nothing to do but watch HBO.

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Speaker 4: I believe, I believe you're correct about that, and so

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Speaker 4: young places I would see these films, maybe while I'm

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Speaker 4: sitting in a barbershop waiting for my haircut, where the

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Speaker 4: barber's all got their illegal box and they're watching every

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Speaker 4: movie all day long. That's all they do. Someone should,

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Speaker 4: if if the if the copyright UH Department wants to

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Speaker 4: catch some people, go into any barbershop and then and

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Speaker 4: just just go to their TV set and see what,

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Speaker 4: see what is plugged into and just grab it and

400
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Speaker 4: throw everyone in jail. Everyone straight to jail, all these barbers. Okay,

401
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Speaker 4: let's get to the other big story that's going on

402
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Speaker 4: right now. Larry Ellison is the father of the Ellison

403
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Speaker 4: that bought Paramount. So his son, ah, it's his name,

404
00:22:51,359 --> 00:22:53,920
Speaker 4: call him Scooney.

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Speaker 2: Let's go with Scooney.

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Speaker 4: Let's call them Moelison. I forgot his name. Uh, So

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Speaker 4: Ellison Junior, who made a really good name for himself

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Speaker 4: as a as a as a legitimate movie producer. Maybe

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Speaker 4: he used his dad's money, but he's good at it.

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Speaker 4: So he's uh owning Paramount. He owns Paramount and sky Dance.

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Speaker 4: Now and now they're talking about buying Warner Discovery. How

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Speaker 4: many years have we been talking about David Zaslov coming

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Speaker 4: in and taking over war like Warner it was a

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Speaker 4: Discovery president is David s Aslov. I used to work

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Speaker 4: for them and for a while and then so he

416
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Speaker 4: was the big boss where I When I was working

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Speaker 4: on the show called True Nightmares on Discovery, I d

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Speaker 4: and you know it was it was It was a

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Speaker 4: channel if they had seventeen channels and very cool cable business.

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Speaker 4: But it did so well they bought Warner Brothers and

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Speaker 4: so they and then David Zaslov is coming to town.

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Speaker 4: He buys the house that used to belong to the

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Speaker 4: movie Mogul. I'm the one that's from the kid in

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Speaker 4: the picture. I can't remember his name all the time,

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Speaker 4: but anyway, he just made a big splash coming here

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Speaker 4: and he's going to take over. Everything's gonna be in

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Speaker 4: a new genius he's and CNN, and he's the guy

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Speaker 4: that said, hey, batgirl, this movie sucks, let's put it

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Speaker 4: on the shelf.

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Speaker 2: A lot of people were very unhappy with that, by

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Speaker 2: the way.

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Speaker 4: Right, and then he said he did a lot of

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Speaker 4: things like that and bold moves. But I think those

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Speaker 4: people have the last laugh that we're mad about that

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Speaker 4: because now the fact that he's going to be taken over,

436
00:24:49,240 --> 00:24:52,160
Speaker 4: so you know, they're in a new phase of their

437
00:24:52,240 --> 00:24:58,480
Speaker 4: corporate future because entertaining acquisition offers, not just from Paramount

438
00:24:58,520 --> 00:25:00,560
Speaker 4: but whatever. You know, hey, make us a offer buy

439
00:25:00,600 --> 00:25:04,920
Speaker 4: this company. Why because whatever he did wasn't working. So

440
00:25:04,960 --> 00:25:13,359
Speaker 4: several media companies are exploring bids and the potential transaction

441
00:25:14,119 --> 00:25:20,359
Speaker 4: that if Paramount is the one that would create a

442
00:25:20,400 --> 00:25:22,199
Speaker 4: combined to two majors. I mean, you know how many

443
00:25:22,240 --> 00:25:26,320
Speaker 4: majors are. You got Warner Brothers, you got Universal, You've

444
00:25:26,359 --> 00:25:32,160
Speaker 4: got Paramount, and there he is, you got Sony. Now

445
00:25:32,200 --> 00:25:36,760
Speaker 4: you got Paramount buying Warner Brothers. Now there's no Now

446
00:25:36,840 --> 00:25:42,159
Speaker 4: that's like CBS would now own Discovery and HBO and

447
00:25:42,200 --> 00:25:46,560
Speaker 4: all that stuff. CBS Paramount, that's the same company. So

448
00:25:46,680 --> 00:25:50,560
Speaker 4: that's a big deal to consolidate the industry one more

449
00:25:50,640 --> 00:25:53,000
Speaker 4: time and eliminate one of the majors and now it's

450
00:25:53,040 --> 00:25:57,080
Speaker 4: just Paramount and they own Warner Discovery. Remember when Warner

451
00:25:57,119 --> 00:25:59,919
Speaker 4: Brothers sold themselves to AOL. They have a long hist

452
00:26:00,240 --> 00:26:04,840
Speaker 4: of just selling themselves to stupid people. But in any case,

453
00:26:06,920 --> 00:26:09,639
Speaker 4: it's a big deal, and it'll have to pass the

454
00:26:09,640 --> 00:26:14,240
Speaker 4: White House anti trust people, the Administration's Anti Trust department,

455
00:26:14,280 --> 00:26:17,520
Speaker 4: to make sure it doesn't create barriers to entry. For

456
00:26:20,040 --> 00:26:21,800
Speaker 4: a couple of things. In an anti trust case, you

457
00:26:21,840 --> 00:26:24,520
Speaker 4: want to prove that you're not price fixing, you're not

458
00:26:24,680 --> 00:26:28,720
Speaker 4: creating something that's so big that it can prevent other

459
00:26:28,760 --> 00:26:32,600
Speaker 4: people from from even entering the marketplace. That has to

460
00:26:32,600 --> 00:26:36,240
Speaker 4: be America is about free as a free market country,

461
00:26:36,640 --> 00:26:40,720
Speaker 4: and you have to be able to enter the marketplace

462
00:26:40,760 --> 00:26:43,560
Speaker 4: and compete because we thrive on competition. That's what drives

463
00:26:43,600 --> 00:26:48,480
Speaker 4: our capitalist system. But if you have something that's too big,

464
00:26:50,080 --> 00:26:54,919
Speaker 4: it can't and creates a lack of competition, it is

465
00:26:55,000 --> 00:26:57,480
Speaker 4: bad for consumers. We're gonna take a break, but I'll

466
00:26:57,520 --> 00:26:59,919
Speaker 4: just leave you with this one thought. Think about this.

467
00:27:00,080 --> 00:27:02,480
Speaker 4: We'll come back to this. But let's say I have

468
00:27:02,520 --> 00:27:05,879
Speaker 4: a milk company, Sam, and it's so big that I

469
00:27:05,960 --> 00:27:08,840
Speaker 4: move into a town and I start selling my milk

470
00:27:08,880 --> 00:27:12,159
Speaker 4: for a penny a bottle. What's going to happen to

471
00:27:12,200 --> 00:27:13,720
Speaker 4: all the competitors in that town.

472
00:27:14,800 --> 00:27:16,960
Speaker 3: They're going to lower their prices and lose out a

473
00:27:17,000 --> 00:27:18,199
Speaker 3: bunch of money that they already have.

474
00:27:18,760 --> 00:27:22,840
Speaker 4: Yes, and then and if maybe they normally charge a

475
00:27:22,880 --> 00:27:25,280
Speaker 4: dollar a bottle, okay, And then I come in and

476
00:27:25,320 --> 00:27:27,480
Speaker 4: I say, I'm going to sell milk for a penny

477
00:27:27,520 --> 00:27:30,639
Speaker 4: a bottle. And then all those people that sell it

478
00:27:30,680 --> 00:27:33,240
Speaker 4: for a dollar start lowering their price, loarning their price

479
00:27:33,320 --> 00:27:35,080
Speaker 4: until they go out of business. Now there's only one

480
00:27:35,080 --> 00:27:36,760
Speaker 4: guy left, the guy that sells it for a penny.

481
00:27:37,520 --> 00:27:39,000
Speaker 4: What does he do after they're all gone?

482
00:27:39,720 --> 00:27:40,239
Speaker 2: Amps up?

483
00:27:40,240 --> 00:27:43,000
Speaker 4: The price milk is now five dollars a bottle. Yep,

484
00:27:43,040 --> 00:27:47,600
Speaker 4: there's nothing anybody can do about it. This is the

485
00:27:47,600 --> 00:27:51,919
Speaker 4: original twirling of the mustache business precice. How dastardly it

486
00:27:52,000 --> 00:27:55,919
Speaker 4: is dastardly, And that's what the Anti Trust Department and

487
00:27:55,920 --> 00:27:59,040
Speaker 4: the Sherman Anti Trust Act, anti monopoly parts of the

488
00:27:59,080 --> 00:28:03,280
Speaker 4: government are there to protect. And it's important. And so

489
00:28:03,359 --> 00:28:07,000
Speaker 4: that's what this scrutiny. It will face scrutiny from these people.

490
00:28:07,080 --> 00:28:09,760
Speaker 4: This deal, however, but there is a very interesting thing

491
00:28:09,840 --> 00:28:13,159
Speaker 4: that that that's going on with Larry Ellison and his

492
00:28:13,240 --> 00:28:17,120
Speaker 4: son will call him David Ellison, Uh, going on right now,

493
00:28:17,160 --> 00:28:18,840
Speaker 4: And that's what we'll talk about when we come back

494
00:28:18,880 --> 00:28:22,560
Speaker 4: on Joe' scalante Life from Hollywood, All right, Joe Scalante

495
00:28:22,640 --> 00:28:27,840
Speaker 4: Life from Hollywood. By Hollywood, I mean Burbick, Sam, we're

496
00:28:27,840 --> 00:28:31,439
Speaker 4: talking about Zaslov And you said something about, you know,

497
00:28:31,520 --> 00:28:35,600
Speaker 4: just how little faith he had in one of his

498
00:28:35,640 --> 00:28:40,000
Speaker 4: most anticipated films, and that was Back Girl. Yeah, there

499
00:28:40,040 --> 00:28:42,280
Speaker 4: was another one. Do you cancel another one?

500
00:28:42,480 --> 00:28:42,960
Speaker 2: I think so?

501
00:28:43,040 --> 00:28:45,640
Speaker 3: But the really backrel was the one that everybody had

502
00:28:45,680 --> 00:28:50,040
Speaker 3: their eyes on, to the point that even uh Brendan

503
00:28:50,120 --> 00:28:53,640
Speaker 3: Fraser came out recently and said that he was so

504
00:28:53,800 --> 00:28:58,280
Speaker 3: disappointed in Warner Brothers for not releasing the Back Girl

505
00:28:58,320 --> 00:29:02,280
Speaker 3: film because it was real anticipated, could have really sparked

506
00:29:02,800 --> 00:29:06,360
Speaker 3: something for the company, and they were so afraid of

507
00:29:06,400 --> 00:29:11,000
Speaker 3: the of that ip being devalued by the release of

508
00:29:11,040 --> 00:29:13,840
Speaker 3: the film, Like how Superman and Batman and all the

509
00:29:13,880 --> 00:29:17,160
Speaker 3: other attempts that they had, and like the Justice Squad

510
00:29:17,200 --> 00:29:20,400
Speaker 3: and all of them, Like how all of them devalued

511
00:29:21,360 --> 00:29:24,840
Speaker 3: the and diminished the value of those ip When those

512
00:29:24,840 --> 00:29:29,280
Speaker 3: films came out, it was basically just showing how afraid

513
00:29:30,880 --> 00:29:34,960
Speaker 3: Zaslov was to actually take a chance and for him

514
00:29:34,960 --> 00:29:37,720
Speaker 3: to not or for him to walk away, or for

515
00:29:37,760 --> 00:29:40,520
Speaker 3: him to be you know, like potentially like taken out

516
00:29:40,560 --> 00:29:43,600
Speaker 3: of power and having got someone else take over. Could

517
00:29:43,640 --> 00:29:45,440
Speaker 3: be a good thing for Warner Brothers. It could be

518
00:29:45,520 --> 00:29:47,320
Speaker 3: a good thing for all of those ips. Maybe we'll

519
00:29:47,360 --> 00:29:49,400
Speaker 3: see a release now.

520
00:29:49,480 --> 00:29:51,920
Speaker 4: They could bring them up. But that and you know what,

521
00:29:52,160 --> 00:29:56,080
Speaker 4: if they come out and they suck like they probably do,

522
00:29:56,080 --> 00:30:01,840
Speaker 4: don't blame David Zaslov. Yeah, he also canceled Coyote versus Acme,

523
00:30:02,000 --> 00:30:03,800
Speaker 4: which I'm way more upset about.

524
00:30:03,880 --> 00:30:08,680
Speaker 3: Oh yeah, that one for me, significantly more frustrating hearing

525
00:30:08,720 --> 00:30:09,200
Speaker 3: that news.

526
00:30:09,280 --> 00:30:14,760
Speaker 4: Yes, yes, and scub Holiday Han, that's that one I'd cancel.

527
00:30:15,280 --> 00:30:17,000
Speaker 4: In fact, I would just send the director to jail.

528
00:30:18,560 --> 00:30:24,719
Speaker 4: Scoob Holiday Hant no thanks. So. A key detail in

529
00:30:24,760 --> 00:30:34,840
Speaker 4: this possible takeover of Warner Brothers Discovery is that it

530
00:30:35,000 --> 00:30:43,320
Speaker 4: involves David Ellison's dad, Larry Ellison, who has reportedly spoken

531
00:30:43,520 --> 00:30:46,800
Speaker 4: with White House personnel about CNN, which is part of

532
00:30:46,840 --> 00:30:55,520
Speaker 4: the Warner Discovery group, and he was talking to someone

533
00:30:55,600 --> 00:31:00,920
Speaker 4: in the White House about changing potential changes to on

534
00:31:01,080 --> 00:31:06,000
Speaker 4: air talent if a takeover were to occur. Now, Paramount

535
00:31:06,040 --> 00:31:09,520
Speaker 4: already went to CBS News and put someone who was

536
00:31:09,640 --> 00:31:15,000
Speaker 4: very anti establishment media ahead as the head of CBS News,

537
00:31:15,840 --> 00:31:18,520
Speaker 4: Barry Weiss, and so yet to see what she's doing.

538
00:31:18,560 --> 00:31:21,920
Speaker 4: I don't know, I don't care, But is something similar

539
00:31:21,920 --> 00:31:25,440
Speaker 4: could happen with CNN you put something else, someone else

540
00:31:25,520 --> 00:31:28,800
Speaker 4: in charge, like you know, maybe you put Bill O'Reilly

541
00:31:28,880 --> 00:31:32,320
Speaker 4: in charge of CNN and then watch the sparks fly.

542
00:31:33,280 --> 00:31:37,240
Speaker 4: I don't know, But CNN it just seems so sad

543
00:31:37,320 --> 00:31:40,280
Speaker 4: because it has such wide distribution. It was in all

544
00:31:40,320 --> 00:31:46,320
Speaker 4: the airports, and nobody watches it, so that David Zaslov

545
00:31:46,400 --> 00:31:49,800
Speaker 4: didn't really do much about that got rid of some people,

546
00:31:50,400 --> 00:31:54,800
Speaker 4: but they they can't get anybody watch that channel, which

547
00:31:55,200 --> 00:31:58,600
Speaker 4: and it's such an iconic brand. Let me ask you,

548
00:31:58,600 --> 00:32:00,720
Speaker 4: sim why do you think nobody wild CNN?

549
00:32:01,360 --> 00:32:03,600
Speaker 3: I think the people that they're trying to target with

550
00:32:03,640 --> 00:32:06,440
Speaker 3: their news consume news in other ways from sources that

551
00:32:06,480 --> 00:32:08,880
Speaker 3: they have more faith than independent sources.

552
00:32:10,200 --> 00:32:12,720
Speaker 4: Yeah, but you could say that about MSNBC and they

553
00:32:12,760 --> 00:32:15,200
Speaker 4: and they have, you know, decent ratings depending on the

554
00:32:15,200 --> 00:32:16,520
Speaker 4: news cycle and stuff like that.

555
00:32:16,680 --> 00:32:19,120
Speaker 3: Yeah, but nothing compares to Fox News. I mean that

556
00:32:19,480 --> 00:32:23,200
Speaker 3: audience is consistent stable. It's you usually skews a little older,

557
00:32:23,200 --> 00:32:26,000
Speaker 3: and people who are more familiar, like they like going

558
00:32:26,040 --> 00:32:28,720
Speaker 3: to lot, much more familiar than.

559
00:32:29,400 --> 00:32:32,080
Speaker 4: They can't operate the other sources of news. So that's

560
00:32:32,160 --> 00:32:36,160
Speaker 4: what what drives Fox News is. Yeah, success, So their

561
00:32:36,200 --> 00:32:41,080
Speaker 4: audience cannot operate YouTube and why why But CNN that's like,

562
00:32:41,200 --> 00:32:44,280
Speaker 4: you know, it's it's largely a left wing thing, and

563
00:32:44,600 --> 00:32:48,080
Speaker 4: it should skew younger and people should be like and

564
00:32:48,120 --> 00:32:50,640
Speaker 4: the old people should be respecting it. But nobody likes it.

565
00:32:50,840 --> 00:32:54,960
Speaker 3: Well, they've I've noticed recently they've started to have younger

566
00:32:55,360 --> 00:32:58,960
Speaker 3: anchors on there and people who might appeal more towards

567
00:32:58,960 --> 00:33:02,720
Speaker 3: the younger audience. But even then, I'm not noticing any

568
00:33:02,800 --> 00:33:07,200
Speaker 3: of that stuff on CNN the TV channel. I'm noticing

569
00:33:07,240 --> 00:33:10,960
Speaker 3: that stuff on CNN through YouTube or like are just

570
00:33:11,080 --> 00:33:14,320
Speaker 3: random clips that I see, for example, on like some

571
00:33:14,680 --> 00:33:20,880
Speaker 3: other independent person's news feed or whatever. They'll usually show Hey,

572
00:33:20,920 --> 00:33:23,640
Speaker 3: here's a quick clip of this story from CNN. Let's

573
00:33:23,680 --> 00:33:24,680
Speaker 3: point and make fun of.

574
00:33:24,640 --> 00:33:29,880
Speaker 4: Them for commentary. Yeah, yeah, okay, Well anyway, nobody watches it.

575
00:33:30,160 --> 00:33:33,480
Speaker 4: Zaslov didn't really do anything to turn that around, and

576
00:33:33,840 --> 00:33:37,840
Speaker 4: I wonder if Paramount will. But these news divisions are

577
00:33:37,880 --> 00:33:41,080
Speaker 4: only like, you know, maybe twelve percent of these of

578
00:33:41,120 --> 00:33:44,160
Speaker 4: the of the business of these studios, some low thing

579
00:33:44,280 --> 00:33:46,640
Speaker 4: like that. So but they are like a high profile

580
00:33:46,680 --> 00:33:50,600
Speaker 4: burden that they have to deal with. So it looks

581
00:33:50,720 --> 00:33:53,440
Speaker 4: like Larry Ellison, I think, is a trump guy. So

582
00:33:53,480 --> 00:33:57,960
Speaker 4: you're not gonna get it much scrutiny. People are saying

583
00:33:58,840 --> 00:34:01,760
Speaker 4: you're gonna get a favorable screwed from the Trumpet organization

584
00:34:02,360 --> 00:34:06,920
Speaker 4: for anything that the Ellisons want to do. They're not

585
00:34:06,960 --> 00:34:09,239
Speaker 4: gonna I would say that would be fair, and that

586
00:34:09,520 --> 00:34:12,319
Speaker 4: when you're saying that this deal can go forward, you

587
00:34:12,320 --> 00:34:16,200
Speaker 4: have to justify it, and you would justify it by saying, well,

588
00:34:17,960 --> 00:34:23,200
Speaker 4: in the declining market of television, these people are hemorrhaging money.

589
00:34:23,320 --> 00:34:29,280
Speaker 4: Everybody's losing money. CBS is losing money, Warner Brothers losing money.

590
00:34:29,400 --> 00:34:31,680
Speaker 4: If you don't let them combine, they'll both go out

591
00:34:31,719 --> 00:34:33,800
Speaker 4: of business and we'll have nothing. So let them combine

592
00:34:33,840 --> 00:34:38,000
Speaker 4: to make one healthy version of a studio. And that

593
00:34:38,040 --> 00:34:40,560
Speaker 4: will be the argument, and it may be hard to

594
00:34:40,640 --> 00:34:43,400
Speaker 4: argue against that Actually all right, Sam, I hear that music.

595
00:34:44,719 --> 00:34:46,120
Speaker 4: We are at the top of the hour, and when

596
00:34:46,160 --> 00:34:48,200
Speaker 4: we come back, we got a lot more. You got

597
00:34:48,200 --> 00:34:55,799
Speaker 4: some rebel Wilson trouble, some athletes in trouble, and Nick

598
00:34:55,840 --> 00:35:02,000
Speaker 4: Carter in trouble. Joscalante Life from Hollywood. Good evening, Live

599
00:35:02,040 --> 00:35:06,120
Speaker 4: from Hollywood. It's Joe Galante Life from Hollywood. And I

600
00:35:06,200 --> 00:35:08,760
Speaker 4: think my how's my levels? Now? I think my microphone's

601
00:35:08,760 --> 00:35:10,560
Speaker 4: a little too hot? How's that? Is that better for you?

602
00:35:10,560 --> 00:35:12,200
Speaker 4: I'm doing some mic leveling on this end.

603
00:35:12,360 --> 00:35:14,440
Speaker 3: Yeah, no, I got you on this end, and I

604
00:35:14,480 --> 00:35:16,799
Speaker 3: can adjust on my end as well, So we're good.

605
00:35:17,160 --> 00:35:18,040
Speaker 4: Okay, good?

606
00:35:18,560 --> 00:35:18,680
Speaker 3: Uh?

607
00:35:19,120 --> 00:35:21,879
Speaker 4: Well, this is the businessessn't of show business? Hour number two?

608
00:35:23,080 --> 00:35:26,680
Speaker 4: There we go. We were talking about I'm gonna do

609
00:35:26,680 --> 00:35:32,680
Speaker 4: a little bit more on Zaslov and the takeover Paramount's

610
00:35:32,719 --> 00:35:37,279
Speaker 4: takeover of Warner Brothers Discovery, because the big news this

611
00:35:37,360 --> 00:35:41,800
Speaker 4: week is that, well this is It's probably not even true,

612
00:35:41,880 --> 00:35:44,800
Speaker 4: but this is what people are reporting that Larry Ellison,

613
00:35:44,960 --> 00:35:48,960
Speaker 4: David Allison's dad, is talking to the White House and saying, hey,

614
00:35:48,960 --> 00:35:50,560
Speaker 4: you know what if that this is what they're trying

615
00:35:50,560 --> 00:35:53,040
Speaker 4: to insinuate. That is why I guarantee it's not true,

616
00:35:53,080 --> 00:35:54,640
Speaker 4: because this is the story they wanted. They want to

617
00:35:55,040 --> 00:36:00,480
Speaker 4: They want you to believe guaranteed not true. Else since

618
00:36:00,560 --> 00:36:02,360
Speaker 4: Dad is calling the White House and saying, if you

619
00:36:03,400 --> 00:36:07,320
Speaker 4: approve the steal, we will get rid of the nasty

620
00:36:08,560 --> 00:36:11,399
Speaker 4: piggies in the White House, in the White House Press

621
00:36:11,400 --> 00:36:18,120
Speaker 4: Corps that comes from CNN, no more.

622
00:36:17,960 --> 00:36:21,680
Speaker 2: Piggies, so froggies from here on out.

623
00:36:22,120 --> 00:36:26,520
Speaker 4: You could have a piggyless press corps. Think about that.

624
00:36:27,560 --> 00:36:33,920
Speaker 4: So there's a that's what they're trying to say that

625
00:36:33,960 --> 00:36:37,560
Speaker 4: the is happening. But I don't know. This is how

626
00:36:37,560 --> 00:36:41,160
Speaker 4: cynical I am. Because of the reporting, it probably not true,

627
00:36:42,040 --> 00:36:44,200
Speaker 4: and that's how that's what the media has done to me.

628
00:36:44,680 --> 00:36:47,480
Speaker 3: Honestly, I would love to see the White House Press

629
00:36:47,480 --> 00:36:49,280
Speaker 3: Corps be replaced by the Muppets.

630
00:36:50,600 --> 00:36:52,120
Speaker 4: Those two old men are just like all of.

631
00:36:52,160 --> 00:36:53,240
Speaker 2: Them, like have everyone.

632
00:36:53,320 --> 00:36:56,920
Speaker 3: The Muppets represent different at you know, news agencies, and

633
00:36:56,960 --> 00:37:00,200
Speaker 3: they can all duke it out the same way that

634
00:37:00,320 --> 00:37:02,439
Speaker 3: usual people would do it out. But it'll be it'll

635
00:37:02,440 --> 00:37:03,040
Speaker 3: be muppets.

636
00:37:03,640 --> 00:37:08,160
Speaker 4: What a what a wonderful idea, Sam, More people should think.

637
00:37:08,000 --> 00:37:12,239
Speaker 2: Like you, Yeah, I agree, But the world would be

638
00:37:12,280 --> 00:37:13,240
Speaker 2: a sillier place.

639
00:37:13,640 --> 00:37:16,040
Speaker 4: Okay, Now, because this is up for sale, does it

640
00:37:16,160 --> 00:37:18,880
Speaker 4: mean that Zaslov has failed? He was the toast of

641
00:37:18,920 --> 00:37:22,439
Speaker 4: Hollywood and has he failed? Well, everyone will never let

642
00:37:22,440 --> 00:37:25,960
Speaker 4: this this go, and mainly because zaslavs was I think

643
00:37:26,080 --> 00:37:29,200
Speaker 4: viewed as as kind of a conservative and he got

644
00:37:29,400 --> 00:37:31,399
Speaker 4: he didn't like the me too movement. He got rid

645
00:37:31,440 --> 00:37:34,399
Speaker 4: of this you know woman batgirl thing. He probably thought,

646
00:37:34,440 --> 00:37:36,640
Speaker 4: this is like a DEI movie. I'm getting rid of it.

647
00:37:36,640 --> 00:37:38,279
Speaker 4: It's gone. It's not gonna make any money. I'm not

648
00:37:38,280 --> 00:37:41,920
Speaker 4: gonna lose money just for to be politically correct. I

649
00:37:41,920 --> 00:37:44,240
Speaker 4: think that's what people think. I don't know if it's true,

650
00:37:44,880 --> 00:37:48,440
Speaker 4: but so he never got a fair shake in Hollywood anyway,

651
00:37:48,520 --> 00:37:54,200
Speaker 4: and it looks like that he ah. If he sells,

652
00:37:55,280 --> 00:37:59,959
Speaker 4: there's two things could happen. In one sense, he'll be termed.

653
00:38:00,360 --> 00:38:06,520
Speaker 4: He'd be deemed a failure because the whole Warner Brothers

654
00:38:06,520 --> 00:38:10,160
Speaker 4: Discovery thing was designed around his leadership and that was

655
00:38:10,280 --> 00:38:13,920
Speaker 4: valued far higher when he took the job, and he

656
00:38:13,960 --> 00:38:17,280
Speaker 4: intended to remain independent. If he ends up being absorbed

657
00:38:17,280 --> 00:38:21,320
Speaker 4: by a rival, the narrative becomes well. His cost cutting

658
00:38:21,360 --> 00:38:25,200
Speaker 4: and cancelations and strategic resets didn't fix the company at all.

659
00:38:26,400 --> 00:38:29,200
Speaker 4: Even if the numbers make sense on paper, the Hollywood

660
00:38:29,280 --> 00:38:34,080
Speaker 4: legacy would be that Zaslov built a merger only to

661
00:38:34,120 --> 00:38:37,520
Speaker 4: sell it off. Instead of consolidating his industry, he got

662
00:38:37,560 --> 00:38:42,320
Speaker 4: consolidated Sam. Yeah, so that would be the legacy probably.

663
00:38:42,680 --> 00:38:45,640
Speaker 4: But in his defense, you could say the industry was

664
00:38:45,719 --> 00:38:49,399
Speaker 4: unstable anyway and over leveraged across the board in all

665
00:38:49,440 --> 00:38:52,120
Speaker 4: these different places. Everybody's got all this debt, got paramount

666
00:38:52,120 --> 00:38:54,439
Speaker 4: and everybody. So he did the best he could do.

667
00:38:54,880 --> 00:38:58,600
Speaker 4: It's a bright guy. He put in to affect these

668
00:38:58,640 --> 00:39:02,080
Speaker 4: methods that he thought would work, and it didn't. And

669
00:39:02,280 --> 00:39:06,520
Speaker 4: consolidation was inevitable because just the decline of all these

670
00:39:06,560 --> 00:39:10,839
Speaker 4: studios and the viewers and the business model. So it's

671
00:39:11,840 --> 00:39:15,080
Speaker 4: like YouTube that's skyrocketing, that's you know, you know who healthy,

672
00:39:15,200 --> 00:39:19,520
Speaker 4: you know, no industry no no hold, no studio owns YouTube,

673
00:39:19,800 --> 00:39:22,200
Speaker 4: you know, And so these studios have it just a

674
00:39:22,200 --> 00:39:25,279
Speaker 4: different business model. So his his argument could be that

675
00:39:25,320 --> 00:39:27,839
Speaker 4: this was inevitably they were going to be consolidated. So hey,

676
00:39:27,920 --> 00:39:29,520
Speaker 4: don't blame him, go ahead.

677
00:39:30,239 --> 00:39:34,239
Speaker 3: His The one group that will definitely think that he

678
00:39:34,880 --> 00:39:37,200
Speaker 3: is a total success is his bank.

679
00:39:38,840 --> 00:39:41,680
Speaker 4: Oh, because he'll end up with a buyout and a payout.

680
00:39:41,760 --> 00:39:45,320
Speaker 3: Oh, he's going to go. There's a these golden parachutes.

681
00:39:45,360 --> 00:39:47,719
Speaker 3: I only see that them as failing up.

682
00:39:48,719 --> 00:39:52,160
Speaker 4: Yeah, yeah, why many people say that. I mean, if

683
00:39:52,200 --> 00:39:54,239
Speaker 4: you want to get this guy though, if you want him,

684
00:39:54,320 --> 00:39:56,520
Speaker 4: you have to pay the going rate, and the other

685
00:39:56,680 --> 00:40:00,799
Speaker 4: the other studios will pay him and they'll give him

686
00:40:00,800 --> 00:40:03,799
Speaker 4: a golden parachute, so you have to. So there's really

687
00:40:03,880 --> 00:40:06,440
Speaker 4: not much. It's just good a good old fashioned capitalism.

688
00:40:07,239 --> 00:40:10,000
Speaker 4: And if you can get a golden parachute, get a

689
00:40:10,000 --> 00:40:12,520
Speaker 4: golden parachute, because if the company is gonna have to

690
00:40:12,560 --> 00:40:15,480
Speaker 4: pay for it, no matter what, you can't you can't go.

691
00:40:15,880 --> 00:40:17,880
Speaker 4: You can't go to your shareholders and say, you know

692
00:40:17,880 --> 00:40:19,520
Speaker 4: what we're gonna do. We're gonna have this whole multi

693
00:40:19,560 --> 00:40:21,640
Speaker 4: billion dollar industry run by a guy. He doesn't want

694
00:40:21,680 --> 00:40:24,600
Speaker 4: a golden parachute. Really, who is that guy? That's this

695
00:40:24,640 --> 00:40:29,880
Speaker 4: guy named Sam Zia. He doesn't care. Okay, who's he he?

696
00:40:29,920 --> 00:40:34,000
Speaker 4: He's an engineer on an AM radio station. Okay, that's

697
00:40:34,040 --> 00:40:36,960
Speaker 4: who we're hiring. Yeah, because we're gonna save that golden parachute.

698
00:40:37,160 --> 00:40:40,959
Speaker 4: That's not gonna fly either, I'm assuming.

699
00:40:40,760 --> 00:40:44,520
Speaker 3: Pay me three hundred thousand dollars. I will fix that studio.

700
00:40:45,920 --> 00:40:48,200
Speaker 4: Yeah, I've got a guy. He said he'll ru it

701
00:40:48,239 --> 00:40:50,080
Speaker 4: for three hundred thousand. I know we're paying this guy

702
00:40:50,120 --> 00:40:52,160
Speaker 4: one hundred and fifty million a year, but I've got

703
00:40:52,200 --> 00:40:53,960
Speaker 4: a guy who will do it for three hundred thousand.

704
00:40:54,080 --> 00:40:54,319
Speaker 2: Yeah.

705
00:40:54,760 --> 00:40:58,200
Speaker 4: Oh really, Yeah, Okay, here's the deal. Whoever whoever makes

706
00:40:58,200 --> 00:41:02,120
Speaker 4: that decision is gonna get fired if they're wrong. But

707
00:41:02,239 --> 00:41:05,279
Speaker 4: if they make the decision to hire Zaslov and they

708
00:41:05,280 --> 00:41:07,960
Speaker 4: pay him a hundred and fifty million dollars and its

709
00:41:08,120 --> 00:41:14,000
Speaker 4: tanks and it doesn't give, It doesn't give the it

710
00:41:14,040 --> 00:41:19,919
Speaker 4: doesn't you know, it just doesn't work that whoever hired

711
00:41:19,960 --> 00:41:22,960
Speaker 4: him or made that decision, nothing's going to happen to

712
00:41:22,960 --> 00:41:25,799
Speaker 4: that person. So that that person, if they hire you,

713
00:41:26,239 --> 00:41:29,200
Speaker 4: they better win or they're fired to hires Zaslav. Whether

714
00:41:29,200 --> 00:41:32,960
Speaker 4: they win or lose, nothing happens to them.

715
00:41:33,040 --> 00:41:35,880
Speaker 3: Yeah, but for the company, it's an expensive mistake. I

716
00:41:35,960 --> 00:41:38,120
Speaker 3: am inexpensive shot.

717
00:41:39,040 --> 00:41:40,680
Speaker 4: Yeah, but you will the guy. I'm just telling you,

718
00:41:40,680 --> 00:41:44,360
Speaker 4: the guy will be fired. He'll be fired if you

719
00:41:44,400 --> 00:41:46,480
Speaker 4: don't work, if you don't perform. Yeah, but he can

720
00:41:46,760 --> 00:41:48,279
Speaker 4: but here's the other guy that he can hire this

721
00:41:48,320 --> 00:41:51,200
Speaker 4: guy and it doesn't matter if he performs, You're not

722
00:41:51,239 --> 00:41:54,520
Speaker 4: going to get fired. So what are you going to do?

723
00:41:55,920 --> 00:42:01,680
Speaker 4: That's why people in Hollywood buy programs, and they say, like,

724
00:42:02,239 --> 00:42:05,280
Speaker 4: you pitch a TV show idea to a development executive

725
00:42:05,680 --> 00:42:07,239
Speaker 4: and it sounds good to him, but you don't have

726
00:42:07,239 --> 00:42:12,600
Speaker 4: a track record. Now he can buy your great idea.

727
00:42:14,000 --> 00:42:16,320
Speaker 4: And then the next meeting he has is a mediocre idea.

728
00:42:17,280 --> 00:42:22,319
Speaker 4: But guess who's attached to it, Anna Taylor Joy, and

729
00:42:22,360 --> 00:42:26,200
Speaker 4: he's going, Wow, this is a winner. This lady is

730
00:42:26,200 --> 00:42:28,839
Speaker 4: a movie star and she's never done TV, or well,

731
00:42:28,920 --> 00:42:31,879
Speaker 4: maybe this kind whatever, this kind of TV. I got

732
00:42:31,880 --> 00:42:34,640
Speaker 4: a guaranteed winner here, but not really a guaranteed winner here.

733
00:42:35,120 --> 00:42:37,320
Speaker 4: The script isn't that good and it might be a failure.

734
00:42:37,960 --> 00:42:39,759
Speaker 4: Maybe I shouldn't. Maybe I should buy that other good

735
00:42:39,760 --> 00:42:43,320
Speaker 4: idea with a good script from the guy who's nobody. Well,

736
00:42:43,360 --> 00:42:47,040
Speaker 4: who they gonna buy? Buy who they from? Sam?

737
00:42:47,480 --> 00:42:49,920
Speaker 3: I would hope they would make the wise choice and

738
00:42:50,080 --> 00:42:51,160
Speaker 3: the affordable choice.

739
00:42:52,120 --> 00:42:55,040
Speaker 4: They're gonna they're gonna buy the Anna Taylor Joy project

740
00:42:55,480 --> 00:43:00,920
Speaker 4: because whether it does well, succeeds, or fail, they will

741
00:43:01,000 --> 00:43:04,520
Speaker 4: keep their job. But if they if they buy the

742
00:43:05,719 --> 00:43:11,239
Speaker 4: sam z Is project and it doesn't work, someone's gonna say,

743
00:43:11,280 --> 00:43:14,359
Speaker 4: who the hell hired this? But who about this? What about?

744
00:43:14,400 --> 00:43:16,600
Speaker 4: I thought it was good? Where did the guy come from?

745
00:43:16,600 --> 00:43:19,560
Speaker 4: Well he never done anything? Yeah, but then why'd you

746
00:43:19,560 --> 00:43:21,399
Speaker 4: buy it? Well I thought it was good. Well you're wrong,

747
00:43:22,000 --> 00:43:24,879
Speaker 4: it was bad. Now now we got Anna Taylor Joy

748
00:43:24,920 --> 00:43:28,799
Speaker 4: project and it fails, and you go it failed? Well

749
00:43:28,840 --> 00:43:32,560
Speaker 4: who knew Anna Tailor Joy? Who knew? Maybe we can

750
00:43:32,560 --> 00:43:35,279
Speaker 4: get our next project. And that's how Hollywood works. That's

751
00:43:35,320 --> 00:43:37,920
Speaker 4: why if you don't have someone famous attached your pro

752
00:43:38,640 --> 00:43:42,000
Speaker 4: project and you don't have any credits, don't don't bother

753
00:43:42,080 --> 00:43:45,000
Speaker 4: telling people that you have a television idea. Okay, unless

754
00:43:45,000 --> 00:43:50,719
Speaker 4: you're telling it to your best friend Ben Affleck. Okay,

755
00:43:50,840 --> 00:43:56,680
Speaker 4: So yeah, so he may Zaslov has a few excuses.

756
00:43:56,840 --> 00:43:58,440
Speaker 4: And if he gets a good price for it and

757
00:43:58,480 --> 00:44:00,840
Speaker 4: the shareholders are you know, could be like, hey, it

758
00:44:00,920 --> 00:44:04,440
Speaker 4: was the sinking ship. He got a good price and

759
00:44:04,480 --> 00:44:06,800
Speaker 4: we all came out with some money in our pocket.

760
00:44:06,800 --> 00:44:09,560
Speaker 4: We love the guy, but the Batgirl fans are never

761
00:44:09,560 --> 00:44:14,280
Speaker 4: gonna love that man. So it is a risky situation

762
00:44:15,239 --> 00:44:19,640
Speaker 4: for anybody who hires these guys, but you have to

763
00:44:19,719 --> 00:44:24,480
Speaker 4: hire the big name, and if it doesn't work, everybody

764
00:44:24,520 --> 00:44:28,600
Speaker 4: just throws up there. And it's like you said, it's

765
00:44:28,680 --> 00:44:31,680
Speaker 4: kind of like failing upwards. If he gets booted out

766
00:44:31,680 --> 00:44:35,000
Speaker 4: of this thing, where will David Zaslov go. Well, there's

767
00:44:35,040 --> 00:44:41,040
Speaker 4: other studios that will would love to hire him until

768
00:44:41,600 --> 00:44:44,279
Speaker 4: or he could you know, retire and play golf in

769
00:44:44,360 --> 00:44:46,880
Speaker 4: Denver for the rest of his life. I think that's

770
00:44:46,880 --> 00:44:53,760
Speaker 4: where he lives. Or he could become just a mega international,

771
00:44:55,080 --> 00:44:58,960
Speaker 4: big deal in the international media world. That's where I

772
00:44:58,960 --> 00:45:03,200
Speaker 4: think he'll end up. I think I'll bet my this

773
00:45:03,280 --> 00:45:05,440
Speaker 4: little insides I have no insights scood because I don't

774
00:45:05,480 --> 00:45:09,440
Speaker 4: know that it's true. I'll bet my stepbrother hires him.

775
00:45:09,719 --> 00:45:13,480
Speaker 4: That's all I'm gonna say. Interesting, No, I bet my stepbrother.

776
00:45:14,960 --> 00:45:17,719
Speaker 3: It just reminds me of when I see people fail

777
00:45:17,800 --> 00:45:20,759
Speaker 3: up and consistently fail up. It reminds me of like

778
00:45:21,200 --> 00:45:23,400
Speaker 3: mechanics who when you take the car into the shop,

779
00:45:23,520 --> 00:45:26,879
Speaker 3: they'll like they'll fix a problem, but then magically cause

780
00:45:26,920 --> 00:45:29,719
Speaker 3: another problem, so you have to keep coming back. And

781
00:45:29,760 --> 00:45:32,120
Speaker 3: it just has that energy for me where it's like

782
00:45:33,040 --> 00:45:36,480
Speaker 3: these guys are not like they're every time everywhere they go,

783
00:45:36,840 --> 00:45:40,360
Speaker 3: they don't necessarily succeed, yet they keep getting another job,

784
00:45:40,760 --> 00:45:43,200
Speaker 3: getting paid huge amounts.

785
00:45:44,000 --> 00:45:49,600
Speaker 4: Well, I have a solution for you. You should have your

786
00:45:49,760 --> 00:45:55,239
Speaker 4: car fixed exclusively by the Muppets. Yes, okay, yes, all right,

787
00:45:55,320 --> 00:45:57,239
Speaker 4: we take a break, come back with more of Joe

788
00:45:57,239 --> 00:46:03,000
Speaker 4: Scalante Live from Hollywood. Want Live from Hollywood by Hollywood?

789
00:46:03,000 --> 00:46:06,759
Speaker 4: You mean Verbon? How's it going? Sam?

790
00:46:06,760 --> 00:46:08,000
Speaker 2: Good? Good? How you doing?

791
00:46:09,920 --> 00:46:11,040
Speaker 4: Do you like Rebel Wolveson?

792
00:46:12,200 --> 00:46:14,360
Speaker 2: Yeah, she's had some funny moments.

793
00:46:14,480 --> 00:46:16,160
Speaker 3: I'm not I don't go out of my way to

794
00:46:16,239 --> 00:46:18,440
Speaker 3: pursue stuff she's in, but everything I've seen herund has

795
00:46:18,440 --> 00:46:19,080
Speaker 3: been entertaining.

796
00:46:20,440 --> 00:46:25,080
Speaker 4: Yeah, I think she's she's really funny. I don't know

797
00:46:25,080 --> 00:46:29,239
Speaker 4: if she like it. When she was she was a

798
00:46:29,239 --> 00:46:31,279
Speaker 4: big girl. She was a plus sized comedian, right, can

799
00:46:31,280 --> 00:46:32,560
Speaker 4: we all say that to be honest?

800
00:46:32,680 --> 00:46:33,440
Speaker 2: Yeah, for sure.

801
00:46:33,520 --> 00:46:37,120
Speaker 4: And I thought it was just an amazing character, so good.

802
00:46:37,719 --> 00:46:44,440
Speaker 4: And then she got skinny. I don't know, ozmpic probably,

803
00:46:44,680 --> 00:46:45,799
Speaker 4: I guess, I don't know.

804
00:46:46,560 --> 00:46:49,080
Speaker 3: And then the doctor told me I was I went

805
00:46:49,200 --> 00:46:51,640
Speaker 3: in for my physical and my doctor told me that

806
00:46:51,680 --> 00:46:57,800
Speaker 3: I was fat and offered me ozempic and I'm like, I'm.

807
00:46:56,400 --> 00:46:58,840
Speaker 2: Only like maybe ten pounds over my usual weigh.

808
00:47:00,840 --> 00:47:01,920
Speaker 4: A time for a new doctor.

809
00:47:02,440 --> 00:47:04,240
Speaker 2: I feel fat shamed.

810
00:47:04,520 --> 00:47:07,080
Speaker 4: So you you, I mean, doctors aren't going to look

811
00:47:07,120 --> 00:47:09,000
Speaker 4: at your body mass index and go like, yah, you'r

812
00:47:09,000 --> 00:47:11,160
Speaker 4: eight pounds every weeighth or something like that. But for

813
00:47:11,200 --> 00:47:13,480
Speaker 4: a doctor to tell you you're fat and tell you

814
00:47:13,560 --> 00:47:17,560
Speaker 4: should inject yourself with some weird thing, uh so you

815
00:47:17,560 --> 00:47:20,360
Speaker 4: can get skinny and then it's something that you have

816
00:47:20,440 --> 00:47:22,600
Speaker 4: to keep injecting yourself with for the rest of your life.

817
00:47:23,120 --> 00:47:25,840
Speaker 4: Sounds like he's more of a salesman for the pharmaceutical industry.

818
00:47:25,880 --> 00:47:28,960
Speaker 4: To me, especially someone like you, You're not fat and

819
00:47:29,360 --> 00:47:32,200
Speaker 4: if you want to if you're if you're ten pounds overweight,

820
00:47:32,760 --> 00:47:35,759
Speaker 4: then you know you have the discipline. You've done amazing

821
00:47:35,800 --> 00:47:38,760
Speaker 4: things in your career, You're about to get a doctorate.

822
00:47:38,960 --> 00:47:41,760
Speaker 4: That's like, you can't take care of that yourself without

823
00:47:41,760 --> 00:47:43,319
Speaker 4: injecting yourself with some weird thing.

824
00:47:43,520 --> 00:47:45,880
Speaker 2: Oh, I've I can handle it. I have no problem

825
00:47:45,920 --> 00:47:46,879
Speaker 2: with that, can handle it.

826
00:47:47,719 --> 00:47:49,360
Speaker 4: That's something I just felt like.

827
00:47:49,640 --> 00:47:52,239
Speaker 3: It felt like he can handle my love handles at

828
00:47:52,239 --> 00:47:54,400
Speaker 3: this moment, and I'm.

829
00:47:53,680 --> 00:47:56,080
Speaker 2: Not gonna lie. I am a little festively plump at

830
00:47:56,120 --> 00:47:56,560
Speaker 2: the moment.

831
00:47:58,080 --> 00:48:01,160
Speaker 4: Yeah, you know, I would get a new doctor. Yeah,

832
00:48:01,200 --> 00:48:03,080
Speaker 4: the doctors are doing that for like a lot of

833
00:48:03,080 --> 00:48:07,040
Speaker 4: them are doing that, and you know, number wanted to

834
00:48:07,120 --> 00:48:09,840
Speaker 4: new what what? What is it gonna is? Is everybody

835
00:48:09,840 --> 00:48:12,440
Speaker 4: who take that gonna get cancer from it? Some kind

836
00:48:12,520 --> 00:48:14,640
Speaker 4: of cancer from it some day. We don't know. They

837
00:48:14,640 --> 00:48:26,200
Speaker 4: don't know if if you you know you're you're morbidly obese.

838
00:48:26,200 --> 00:48:28,319
Speaker 4: I guess you know, But I mean, I just don't

839
00:48:28,320 --> 00:48:32,080
Speaker 4: think it sends the right message to society that this

840
00:48:32,200 --> 00:48:34,200
Speaker 4: is what you're doing. Everybody does that. People even mad

841
00:48:34,200 --> 00:48:38,520
Speaker 4: at me. I just talked to a guy who said

842
00:48:38,600 --> 00:48:40,840
Speaker 4: he was taking it, and I'm like, if it was

843
00:48:40,840 --> 00:48:42,920
Speaker 4: a pill, I would say, Okay, take a pill, you know,

844
00:48:43,000 --> 00:48:47,320
Speaker 4: and doesn't seem to be dangerous on the surface. This

845
00:48:47,320 --> 00:48:52,640
Speaker 4: this these drugs, then great. But if you're injecting yourself,

846
00:48:53,560 --> 00:48:56,240
Speaker 4: how do you want to do that? Forever you on vacation,

847
00:48:56,280 --> 00:48:57,440
Speaker 4: you gotta bring needles.

848
00:48:57,840 --> 00:48:59,919
Speaker 3: It would have been if I heard, you know, hey,

849
00:49:00,080 --> 00:49:02,319
Speaker 3: you might want to hit the gym and eat better,

850
00:49:02,520 --> 00:49:04,200
Speaker 3: you know, cut the salt out of your diet.

851
00:49:04,600 --> 00:49:06,880
Speaker 4: Yeah, yeah, it was like that you should, you should

852
00:49:07,200 --> 00:49:12,279
Speaker 4: you should exercise more for your heart. And you know,

853
00:49:12,360 --> 00:49:14,920
Speaker 4: if you lose a few pounds, you would have like

854
00:49:14,960 --> 00:49:17,640
Speaker 4: I had this problem with this is now a health show.

855
00:49:18,160 --> 00:49:22,279
Speaker 4: I have this problem with h you call it when

856
00:49:22,320 --> 00:49:26,479
Speaker 4: you have heartburn. And I never had heartburn my whole life.

857
00:49:26,480 --> 00:49:30,520
Speaker 4: All of a sudden, I have heartburn. And then my

858
00:49:30,600 --> 00:49:33,120
Speaker 4: wife goes, I'll bet if you lost ten pounds, that

859
00:49:33,160 --> 00:49:35,880
Speaker 4: would go away. So I lost ten pounds and it

860
00:49:35,920 --> 00:49:40,440
Speaker 4: went away the end. How did I lose pounds? Ten pounds?

861
00:49:40,480 --> 00:49:46,680
Speaker 4: I avoided bread and sweets and alcohol and in ten

862
00:49:46,760 --> 00:49:48,840
Speaker 4: pounds in ten It's hard. It's easy for men to

863
00:49:48,840 --> 00:49:51,560
Speaker 4: do this. I think ten days, ten pounds came off. Okay,

864
00:49:51,560 --> 00:49:55,319
Speaker 4: it's done, and I you know, and two pounds come back,

865
00:49:55,320 --> 00:49:57,880
Speaker 4: two pounds go away. I'm gonna put any needles in

866
00:49:57,920 --> 00:50:03,000
Speaker 4: my body. I don't care. It's terrible, okay, But I

867
00:50:03,000 --> 00:50:05,360
Speaker 4: do put a weird stuff in my hair, Sam, so

868
00:50:05,400 --> 00:50:08,600
Speaker 4: I'm not completely innocent. I put I go to Target

869
00:50:08,640 --> 00:50:11,800
Speaker 4: and I get their like you know, hair growth stuff,

870
00:50:11,840 --> 00:50:13,600
Speaker 4: and I put it. You have to put that on

871
00:50:13,640 --> 00:50:15,600
Speaker 4: your head every day and if you take it off,

872
00:50:15,640 --> 00:50:17,520
Speaker 4: if you stop doing it, that your your your hair

873
00:50:17,560 --> 00:50:19,360
Speaker 4: will start to come out my hair only just like

874
00:50:19,400 --> 00:50:21,680
Speaker 4: slightly in the in the top had a little only god,

875
00:50:21,719 --> 00:50:23,480
Speaker 4: you can see there would be a balt spot coming in.

876
00:50:24,480 --> 00:50:28,160
Speaker 4: Took that stuff and went away. Lots of hair up there.

877
00:50:28,239 --> 00:50:31,080
Speaker 4: But maybe that's worse for me than than ozempic. I

878
00:50:31,080 --> 00:50:31,400
Speaker 4: don't know.

879
00:50:31,560 --> 00:50:33,560
Speaker 2: Is it a topic or is it a pill?

880
00:50:34,239 --> 00:50:35,200
Speaker 4: No, it's a topical thing.

881
00:50:35,280 --> 00:50:37,040
Speaker 2: Okay, cool, because if it was a pill, I'd be

882
00:50:37,040 --> 00:50:39,239
Speaker 2: worried about where hair would be growing on other parts

883
00:50:39,239 --> 00:50:39,800
Speaker 2: of my body.

884
00:50:40,160 --> 00:50:45,120
Speaker 4: Yeah, you don't want hair and your internal hairs. But yeah,

885
00:50:45,160 --> 00:50:48,480
Speaker 4: so I'm not like you know, I'm not. I'm not

886
00:50:48,520 --> 00:50:53,239
Speaker 4: a health addict, health not But okay, I don't know.

887
00:50:53,280 --> 00:50:55,040
Speaker 4: That's just I can't believe they did anyway. They did

888
00:50:55,040 --> 00:50:57,239
Speaker 4: it to someone did it to Rebel Wilson, and I

889
00:50:57,280 --> 00:51:01,319
Speaker 4: think it hurt her career. So anyway, she probably doesn't care.

890
00:51:01,600 --> 00:51:06,000
Speaker 4: She likes being thin, and she is directing a movie

891
00:51:06,040 --> 00:51:08,680
Speaker 4: called The deb Okay, it's an independent movie and she's

892
00:51:08,680 --> 00:51:12,360
Speaker 4: a director. O Hey, good for her. But what wegan

893
00:51:12,520 --> 00:51:16,920
Speaker 4: as some internal disagreements on the production has escalated into

894
00:51:17,080 --> 00:51:23,600
Speaker 4: public allegations, counter allegations, and several lawsuits involving producers and

895
00:51:23,680 --> 00:51:29,960
Speaker 4: cast we reported on this before, but it just keeps going.

896
00:51:31,400 --> 00:51:34,320
Speaker 4: Wilson has accused members of the production team of financial

897
00:51:34,360 --> 00:51:39,920
Speaker 4: mismanagement and conduct, including alleged embezzlement, improper handling of funds,

898
00:51:40,320 --> 00:51:45,880
Speaker 4: and abusive behavior during production. She describes herself as a whistleblower. Okay,

899
00:51:46,000 --> 00:51:47,600
Speaker 4: that's here, you don't you know, I'm not a bitch.

900
00:51:47,600 --> 00:51:52,360
Speaker 4: I'm a whistleblower, claiming she came forward to expose wrongdoing

901
00:51:52,360 --> 00:51:54,960
Speaker 4: behind the scenes of the project, and she has to

902
00:51:55,120 --> 00:51:59,239
Speaker 4: phrase it in certain ways because well, you'll find out.

903
00:51:59,440 --> 00:52:03,640
Speaker 4: The producer, in turn, have strongly denied her accusations and

904
00:52:03,640 --> 00:52:07,359
Speaker 4: have filed defamation claims against her, arguing that Wilson made

905
00:52:07,440 --> 00:52:10,680
Speaker 4: false and damaging statements that harm the film and their

906
00:52:10,760 --> 00:52:15,160
Speaker 4: professional reputations. So do you see why she's trying to

907
00:52:15,160 --> 00:52:17,440
Speaker 4: be careful, like I'm just a whistleblowery, I'm trying to

908
00:52:17,719 --> 00:52:20,879
Speaker 4: you know, I'm just calling balls and strikes because they're saying, yeah,

909
00:52:20,920 --> 00:52:24,520
Speaker 4: but if you say we're embezzling, that is defamatory. Sam,

910
00:52:24,560 --> 00:52:26,800
Speaker 4: does embezzling make you spit on the ground?

911
00:52:26,840 --> 00:52:30,839
Speaker 3: Embezzlement, I wouldn't call it, I'd call it an accusation.

912
00:52:31,000 --> 00:52:34,440
Speaker 3: The accusation alone shouldn't be considered defamatory.

913
00:52:34,520 --> 00:52:35,600
Speaker 4: But what if it's true.

914
00:52:36,040 --> 00:52:37,520
Speaker 2: Well, that's the thing. If it's true, it's not.

915
00:52:37,880 --> 00:52:40,880
Speaker 4: Then you spit on the ground. Well that's my I'm

916
00:52:40,960 --> 00:52:46,560
Speaker 4: trying to illustrate the grounds for a defamation lawsuit. It

917
00:52:46,640 --> 00:52:49,600
Speaker 4: has to be something that's so bad normal people would

918
00:52:49,640 --> 00:52:52,040
Speaker 4: spit on the ground when they heard about it. Embezzlement.

919
00:52:52,320 --> 00:52:54,839
Speaker 4: I would say that qualifies because you're stealing money from

920
00:52:54,840 --> 00:52:59,000
Speaker 4: innocent people in bezzler. Now it also has to be

921
00:52:59,080 --> 00:53:03,040
Speaker 4: not true. So she's saying that it is true, so

922
00:53:03,960 --> 00:53:08,280
Speaker 4: it satisfies the prong of the spin on the ground.

923
00:53:08,600 --> 00:53:17,319
Speaker 4: But then it has to be true, so Wilson has made.

924
00:53:18,000 --> 00:53:21,480
Speaker 4: In a further twist, one of the actresses connected to

925
00:53:21,520 --> 00:53:25,520
Speaker 4: the project has also filed a separate defamation suit against Wilson,

926
00:53:26,000 --> 00:53:30,600
Speaker 4: alleging that statements Wilson may publicly caused reputational and emotional

927
00:53:30,600 --> 00:53:34,200
Speaker 4: harm to her. So things are not going well. The

928
00:53:34,280 --> 00:53:37,239
Speaker 4: legal back and forth is now just a you know,

929
00:53:38,200 --> 00:53:44,280
Speaker 4: full blown scandal. Point one, Wilson says she is exposing

930
00:53:44,480 --> 00:53:46,680
Speaker 4: misconduct to protect the film and the people work. On

931
00:53:47,400 --> 00:53:50,520
Speaker 4: point two, the producer says she's spreading false accusations in

932
00:53:50,560 --> 00:53:53,040
Speaker 4: an attempt to control the project or shift blame for

933
00:53:53,120 --> 00:53:57,160
Speaker 4: production problems. So the very nature of this public is

934
00:53:57,440 --> 00:54:01,400
Speaker 4: keep dispute, including Wilson to gussing it in the televised

935
00:54:01,440 --> 00:54:04,800
Speaker 4: interview that she made, has added pressure to all parties

936
00:54:05,480 --> 00:54:08,279
Speaker 4: and raise these questions about the future commercial viability of

937
00:54:08,280 --> 00:54:10,120
Speaker 4: the dub of the deb I mean, who wants to

938
00:54:10,120 --> 00:54:10,719
Speaker 4: see this movie?

939
00:54:10,719 --> 00:54:10,919
Speaker 2: Now?

940
00:54:11,360 --> 00:54:12,120
Speaker 4: Maybe more people?

941
00:54:12,239 --> 00:54:17,839
Speaker 3: Sam right, possibly, But I mean we saw similar accusations

942
00:54:17,880 --> 00:54:22,520
Speaker 3: take down Ellen, so it would you know, whenever anybody

943
00:54:22,520 --> 00:54:24,440
Speaker 3: makes an accusation like this, you got to pay attention.

944
00:54:25,480 --> 00:54:27,279
Speaker 4: So that movie's called the deb we will look for

945
00:54:27,320 --> 00:54:33,840
Speaker 4: it and the results of all these lawsuits. Joe'scalante live

946
00:54:33,880 --> 00:54:39,719
Speaker 4: from Hollywood back after this. Oh it's like on a loop. Yeah,

947
00:54:39,960 --> 00:54:45,920
Speaker 4: that's that's yeah, all right, I get it. It's a

948
00:54:46,040 --> 00:54:50,560
Speaker 4: it's a it's a tight okay, all right. Well anyways,

949
00:54:50,640 --> 00:54:57,400
Speaker 4: Joe'scalante live from Hollywood by Hollywood you mek okay uh.

950
00:54:57,800 --> 00:55:00,360
Speaker 4: I want to make it clear about this rebel Wilson

951
00:55:00,400 --> 00:55:03,040
Speaker 4: movie The Dead and all the lawsuits going back and forth.

952
00:55:03,239 --> 00:55:05,080
Speaker 4: I know I've reported on it before, but the new

953
00:55:05,120 --> 00:55:10,640
Speaker 4: part is the part that this actress Charlotte mckeanes has

954
00:55:10,719 --> 00:55:16,279
Speaker 4: filed a defamation case against Rebel Wilson. On top of

955
00:55:16,360 --> 00:55:18,240
Speaker 4: everything else is going on, She's going after the producers.

956
00:55:18,719 --> 00:55:21,840
Speaker 4: Producers are going after her, and now this actress files

957
00:55:21,840 --> 00:55:27,840
Speaker 4: it a defamation claim against her because get this, she says,

958
00:55:30,040 --> 00:55:33,640
Speaker 4: you defamed me by publicly stating that this other woman

959
00:55:34,239 --> 00:55:39,560
Speaker 4: named Amanda Ghost sexually harassed me. I deny that I

960
00:55:39,680 --> 00:55:42,560
Speaker 4: was not sexually harassed by Amanda Ghost. I think is

961
00:55:42,600 --> 00:55:45,960
Speaker 4: an entertainment executive. So maybe she's working on the movie.

962
00:55:46,280 --> 00:55:49,080
Speaker 4: So don't say that I am sexually harassed becau. Then

963
00:55:49,120 --> 00:55:52,560
Speaker 4: it makes me look like I'm telling people I'm a victim.

964
00:55:52,560 --> 00:55:54,120
Speaker 4: I'm not a victim. I didn't do it. Oh she

965
00:55:54,160 --> 00:56:01,160
Speaker 4: didn't do it. Just mind your own beeswax. So now

966
00:56:01,200 --> 00:56:04,839
Speaker 4: she's got this suit again, and this is all Australian loss.

967
00:56:04,840 --> 00:56:08,239
Speaker 4: So does it really matter? Is it real? Maybe it

968
00:56:08,320 --> 00:56:10,960
Speaker 4: might even be more real because maybe they have maybe

969
00:56:11,000 --> 00:56:15,759
Speaker 4: they still use the guillotine over there. I don't know, okay,

970
00:56:16,800 --> 00:56:19,200
Speaker 4: And I'm looking at the pictures of Rebel Wilson. Now

971
00:56:20,280 --> 00:56:23,319
Speaker 4: it's just not the same, you know, it's not It's

972
00:56:23,320 --> 00:56:26,320
Speaker 4: not what I We need a new rebel Wilson is

973
00:56:26,320 --> 00:56:28,720
Speaker 4: what we need in this industry. And this rebel Wilson

974
00:56:28,800 --> 00:56:30,160
Speaker 4: is going to be a director.

975
00:56:30,360 --> 00:56:33,120
Speaker 2: Good for her, someone who's slightly more rebellious.

976
00:56:33,120 --> 00:56:38,799
Speaker 4: Maybe, yeah, Nick Carter. Do you know him?

977
00:56:39,520 --> 00:56:43,600
Speaker 3: He's suggesting Nick Carter to take that role. Sorry, I

978
00:56:43,680 --> 00:56:44,799
Speaker 3: was like, that's interesting.

979
00:56:46,080 --> 00:56:50,800
Speaker 4: I'm not that interesting. Nick Carter of the Backstreet Boys.

980
00:56:52,239 --> 00:56:54,839
Speaker 4: He's got a legal battle that is maybe we might

981
00:56:54,880 --> 00:56:58,520
Speaker 4: have covered this, but more stuff is happening. It's a

982
00:56:58,520 --> 00:57:02,040
Speaker 4: long standing sexual assault allegations that he's battling. And in

983
00:57:02,080 --> 00:57:05,720
Speaker 4: a new filing submitted on just recently as November thirteenth,

984
00:57:05,800 --> 00:57:09,440
Speaker 4: twenty twenty five, Carter asked a Nevada court for permission

985
00:57:09,440 --> 00:57:12,240
Speaker 4: to add a new defendant to the defamation and extortion

986
00:57:12,360 --> 00:57:16,240
Speaker 4: lawsuit because he suits somebody. Somebody is saying, oh, you

987
00:57:17,080 --> 00:57:19,919
Speaker 4: raped me or whatever, and he's saying, no, I didn't,

988
00:57:19,920 --> 00:57:21,680
Speaker 4: and you're trying to extort money out of me. And

989
00:57:21,720 --> 00:57:25,160
Speaker 4: now he's suing not only her but her mother, wow

990
00:57:25,560 --> 00:57:29,600
Speaker 4: and the horse she wrote in on According to Carter's filings,

991
00:57:30,000 --> 00:57:34,160
Speaker 4: the woman allegedly operated an anonymous Twitter account that posted

992
00:57:34,160 --> 00:57:39,240
Speaker 4: false statements about him, amplified, unverified accusations and coordinated with

993
00:57:39,280 --> 00:57:43,680
Speaker 4: what his legal team describes as an online harassment campaign.

994
00:57:43,800 --> 00:57:45,400
Speaker 4: Some people have a lot of time on their hands.

995
00:57:45,880 --> 00:57:49,560
Speaker 4: Carter claims this activity was designed to damage his reputation

996
00:57:50,240 --> 00:57:54,120
Speaker 4: by public pressure and support his daughter's civil claims against him.

997
00:57:54,360 --> 00:57:56,760
Speaker 4: So let's ruin his life if he doesn't give you

998
00:57:56,840 --> 00:58:01,680
Speaker 4: money for raping you, which he says, I didn't rape you.

999
00:58:03,000 --> 00:58:05,040
Speaker 4: So this move that he's doing, suing the mom is

1000
00:58:05,080 --> 00:58:07,560
Speaker 4: the latest in this development in this case is going

1001
00:58:07,600 --> 00:58:11,720
Speaker 4: to going back for several years. Carter originally filed defamation

1002
00:58:11,760 --> 00:58:15,440
Speaker 4: and extortion lawsuits in twenty twenty three against multiple accusers,

1003
00:58:15,560 --> 00:58:18,040
Speaker 4: arguing that the allegations made against him were fabricated and

1004
00:58:18,080 --> 00:58:23,480
Speaker 4: motivated by financial gain. He has consistently denied all wrongdoing.

1005
00:58:24,960 --> 00:58:28,520
Speaker 4: Carter's lawyers say they own the activity. The online activity

1006
00:58:28,560 --> 00:58:31,320
Speaker 4: at the center of this latest filing caused significant harm

1007
00:58:31,360 --> 00:58:35,640
Speaker 4: to his career, affecting touring opportunities, business partnerships, and Backstreet

1008
00:58:35,720 --> 00:58:37,960
Speaker 4: Boys brand. Yeah, so that's what you have to do

1009
00:58:37,960 --> 00:58:40,120
Speaker 4: if you're suing for defamation, you didn't. You have to

1010
00:58:40,120 --> 00:58:43,919
Speaker 4: demonstrate damages, you know, otherwise your damages are a dollar?

1011
00:58:43,960 --> 00:58:48,440
Speaker 4: You say, Okay, the judge might say we agree. That

1012
00:58:48,640 --> 00:58:50,360
Speaker 4: the jury comes back and says, yeah, we agree, you

1013
00:58:50,400 --> 00:58:53,640
Speaker 4: were you were, you were defamed, But what were the damages?

1014
00:58:54,240 --> 00:58:56,520
Speaker 4: Did it really hurt Aaron Carter to have some little

1015
00:58:56,800 --> 00:59:02,000
Speaker 4: pesky mosquito of a nothing that he raped her? So

1016
00:59:02,040 --> 00:59:04,280
Speaker 4: he has to show, yeah it did. How did he

1017
00:59:04,360 --> 00:59:06,520
Speaker 4: show it? Well? The court would want to see. Like

1018
00:59:07,040 --> 00:59:09,960
Speaker 4: the best thing would be, like I have a promoter

1019
00:59:10,120 --> 00:59:13,840
Speaker 4: like Irving Azov saying I have a gazillion dollars in

1020
00:59:13,840 --> 00:59:17,160
Speaker 4: my pocket and I wanted to book Aaron Carter or

1021
00:59:17,240 --> 00:59:22,680
Speaker 4: Nick Carter at the Acrosuer Arena, but I didn't do

1022
00:59:22,760 --> 00:59:27,080
Speaker 4: it because of these wild allegations that I assume are true.

1023
00:59:27,160 --> 00:59:29,479
Speaker 4: Because you know why, you have to believe the woman.

1024
00:59:30,640 --> 00:59:32,840
Speaker 4: And then that if he had that letter, he would say, okay,

1025
00:59:32,880 --> 00:59:35,400
Speaker 4: look how much would I have made at the Acrossure

1026
00:59:35,400 --> 00:59:38,480
Speaker 4: Arena if I did a headline show there, I would

1027
00:59:38,520 --> 00:59:41,280
Speaker 4: have made I don't know, five hundred and fifty thousand

1028
00:59:41,280 --> 00:59:45,120
Speaker 4: dollars and that's my damages, thank you. And then she

1029
00:59:45,160 --> 00:59:47,200
Speaker 4: would come back and say, would you really make five

1030
00:59:47,320 --> 00:59:49,800
Speaker 4: hundred and fifty thousand dollars? Well, i've seen the production

1031
00:59:49,880 --> 00:59:52,360
Speaker 4: of your things and I think your production would eat

1032
00:59:52,440 --> 00:59:54,840
Speaker 4: up at least two hundred thousand to that, and then

1033
00:59:54,920 --> 00:59:58,000
Speaker 4: you'd have to pay your agent and your business manager

1034
00:59:58,480 --> 01:00:01,920
Speaker 4: and your lawyers, and so you really would end up

1035
01:00:01,920 --> 01:00:05,600
Speaker 4: with probably, you know, thirty five percent of that five

1036
01:00:05,680 --> 01:00:09,520
Speaker 4: hundred thousand dollars five I'm so, I'm gonna that's your

1037
01:00:09,520 --> 01:00:11,880
Speaker 4: real damages. Stuff like that. That's that's what happens in

1038
01:00:11,920 --> 01:00:13,600
Speaker 4: court on defamation cases.

1039
01:00:14,880 --> 01:00:19,760
Speaker 3: That was very fascinating. It was like a one man show. Yes,

1040
01:00:19,920 --> 01:00:23,040
Speaker 3: like I just witnessed, like a one man courtroom drama.

1041
01:00:23,400 --> 01:00:24,880
Speaker 4: Yes, and one man court room drama.

1042
01:00:25,200 --> 01:00:25,960
Speaker 2: That was impressive.

1043
01:00:26,440 --> 01:00:30,560
Speaker 4: The jury comes back and they say, yeah, maybe one

1044
01:00:30,640 --> 01:00:35,280
Speaker 4: hundred and ten. How's that. But he shouldn't have to

1045
01:00:35,280 --> 01:00:39,360
Speaker 4: do that if it's if it's not true, you know,

1046
01:00:39,880 --> 01:00:43,000
Speaker 4: if it's like so, But he does because they have

1047
01:00:43,080 --> 01:00:47,080
Speaker 4: to come up with some amount. What did he lose, Well,

1048
01:00:47,080 --> 01:00:49,120
Speaker 4: he had some other you know, any you're gonna come

1049
01:00:49,200 --> 01:00:50,840
Speaker 4: up with a bunch of stuff, and the jury might think,

1050
01:00:50,920 --> 01:00:53,080
Speaker 4: like if you really go to trial, the jury might

1051
01:00:53,120 --> 01:00:55,720
Speaker 4: just think, this girl's disgusting. Let's punish her. They can

1052
01:00:55,760 --> 01:00:58,960
Speaker 4: award a lot of money because they if they believe

1053
01:00:59,040 --> 01:01:02,360
Speaker 4: she had bad faith and I think the more bad

1054
01:01:02,360 --> 01:01:05,800
Speaker 4: faith they see, the less that Nick Carter has to prove,

1055
01:01:06,600 --> 01:01:09,320
Speaker 4: although let's not forget she might be telling the truth.

1056
01:01:11,520 --> 01:01:18,040
Speaker 4: And that's what it's like to be in the rock

1057
01:01:18,080 --> 01:01:22,600
Speaker 4: star business. You have a bunch of money and people

1058
01:01:22,640 --> 01:01:26,760
Speaker 4: just like they want to take it. Now here's sometimes

1059
01:01:26,760 --> 01:01:30,080
Speaker 4: you don't get the money. You ever watched The Walking Dead?

1060
01:01:30,120 --> 01:01:30,919
Speaker 4: For the Walking Dead?

1061
01:01:31,760 --> 01:01:32,760
Speaker 2: Yeah, yeah, I remember.

1062
01:01:33,160 --> 01:01:35,840
Speaker 3: I watched a few episodes of the original show Fear

1063
01:01:35,920 --> 01:01:38,200
Speaker 3: the Walking Dead. I think they were filming get out

1064
01:01:38,200 --> 01:01:41,320
Speaker 3: Here and they said it out Here. I didn't quite

1065
01:01:41,360 --> 01:01:42,360
Speaker 3: watch that one as much.

1066
01:01:43,000 --> 01:01:45,680
Speaker 4: Well, they're always having problems with these Walking Dead things,

1067
01:01:45,720 --> 01:01:48,439
Speaker 4: and the producers and their producer unpaid profits that they're

1068
01:01:48,440 --> 01:01:49,880
Speaker 4: supposed to be getting and they never get them and

1069
01:01:49,920 --> 01:01:52,440
Speaker 4: they have to go. So that's old school television at

1070
01:01:52,480 --> 01:01:56,920
Speaker 4: its finest. In this case, Dave Erickson, best known as

1071
01:01:56,960 --> 01:02:00,920
Speaker 4: the co creator and showrunner of Walking Dead, he had

1072
01:02:00,920 --> 01:02:03,120
Speaker 4: to file lawsuit against the AMC Networks because he's looking

1073
01:02:03,120 --> 01:02:07,120
Speaker 4: at his statements and even though we can all agree

1074
01:02:07,640 --> 01:02:09,760
Speaker 4: that show is a commercial success, can we not?

1075
01:02:09,880 --> 01:02:14,120
Speaker 2: Sam I would say so, yeah, they've got toys.

1076
01:02:14,240 --> 01:02:17,360
Speaker 4: Yes, but according to the statements that they keep sending him.

1077
01:02:18,760 --> 01:02:22,560
Speaker 4: There is no profits that have been reached. According to

1078
01:02:22,600 --> 01:02:26,760
Speaker 4: the complaint, other participants to the show or finance franchise

1079
01:02:26,800 --> 01:02:30,440
Speaker 4: have earned tens of millions. On he's talking about other participants,

1080
01:02:30,480 --> 01:02:35,000
Speaker 4: it's probably AMC and who their parent company is and partners,

1081
01:02:35,040 --> 01:02:38,560
Speaker 4: and one figure sighted is up to sixty seven million

1082
01:02:38,600 --> 01:02:41,880
Speaker 4: dollars that people have earned while Ericson has got nothing

1083
01:02:41,920 --> 01:02:46,360
Speaker 4: as the creator. The legal claim alleges that AMC designed

1084
01:02:46,480 --> 01:02:50,000
Speaker 4: Ericson's contract so he could never break even. It accuses

1085
01:02:50,080 --> 01:02:53,600
Speaker 4: the network of breach of contract, fraudulent misrepresentation, and violation

1086
01:02:53,640 --> 01:02:55,200
Speaker 4: of the implied covenant of good faith and fair to

1087
01:02:55,240 --> 01:02:57,800
Speaker 4: the In other words, he signed a contract, they followed

1088
01:02:57,800 --> 01:03:00,439
Speaker 4: it by the letter of the law. And then now

1089
01:03:00,480 --> 01:03:04,040
Speaker 4: he's not getting any money, and he's saying this is

1090
01:03:04,040 --> 01:03:08,480
Speaker 4: a ripoff, but he signed the contract and so he

1091
01:03:08,560 --> 01:03:13,800
Speaker 4: has to, uh, you know, he ans to sue to

1092
01:03:13,840 --> 01:03:18,439
Speaker 4: get his money. His specific complaint is what is something

1093
01:03:18,480 --> 01:03:20,440
Speaker 4: called the imputed license fee. And usually this is a

1094
01:03:20,440 --> 01:03:22,600
Speaker 4: little too technical for me to explain on radio, but

1095
01:03:22,640 --> 01:03:25,000
Speaker 4: I'm going to try to do it. Okay, here's how

1096
01:03:25,080 --> 01:03:28,080
Speaker 4: these deals work. And because this is what I used

1097
01:03:28,120 --> 01:03:32,560
Speaker 4: to do for a living Sam. You you you make

1098
01:03:32,600 --> 01:03:39,920
Speaker 4: a deal with the writer and some basic things like

1099
01:03:39,960 --> 01:03:43,000
Speaker 4: you're going to get let's say one hundred thousand dollars

1100
01:03:43,000 --> 01:03:45,520
Speaker 4: for the pilot and fifty thousand dollars an episode. You're

1101
01:03:45,560 --> 01:03:47,240
Speaker 4: the creator by b blah blah blah, and you're going

1102
01:03:47,280 --> 01:03:51,880
Speaker 4: to get ten points. Oh you know, you're gonna get

1103
01:03:51,880 --> 01:03:54,440
Speaker 4: five net points a net profit five percent of the

1104
01:03:54,480 --> 01:04:02,640
Speaker 4: net profits. And then and guy and the lawyer or

1105
01:04:02,680 --> 01:04:04,520
Speaker 4: the agent or whatever gets on the phone and they

1106
01:04:04,600 --> 01:04:08,400
Speaker 4: start arguing with me like, how dare you? How dare you?

1107
01:04:08,480 --> 01:04:13,400
Speaker 4: My client is worth twice that he wants ten of

1108
01:04:13,440 --> 01:04:19,080
Speaker 4: the net profit points. Ten? Okay, ten? I tell you

1109
01:04:19,160 --> 01:04:21,840
Speaker 4: I want to take one point less, and then I

1110
01:04:21,880 --> 01:04:26,400
Speaker 4: say okay, And then then then I drop the deal.

1111
01:04:26,440 --> 01:04:27,960
Speaker 4: Send it down to the law of department, a lot

1112
01:04:27,960 --> 01:04:31,240
Speaker 4: of apartment, generates a big fat contract like thirty five

1113
01:04:31,360 --> 01:04:34,360
Speaker 4: forty fifty pages, and sends it back up to me.

1114
01:04:34,400 --> 01:04:36,760
Speaker 4: I look at it. Yeah, this is the deal. My

1115
01:04:36,840 --> 01:04:40,800
Speaker 4: gal sends it over to the lawyer for the or

1116
01:04:40,840 --> 01:04:43,440
Speaker 4: the agent for the writer, and then the lawyer calls

1117
01:04:43,480 --> 01:04:51,080
Speaker 4: back to me and goes, okay, there's the ten in here. Yeah,

1118
01:04:51,120 --> 01:04:56,400
Speaker 4: it's ten. I think I could squeeze fifteen out of you.

1119
01:04:56,440 --> 01:04:58,479
Speaker 4: Come on, if you agree to ten, I've been knocking

1120
01:04:58,520 --> 01:05:01,160
Speaker 4: around you fifteen Skanderds Fitzy, are you get fifteen? I'll

1121
01:05:01,160 --> 01:05:05,640
Speaker 4: give you fifteen deals done signed over with, don't hear

1122
01:05:05,680 --> 01:05:09,439
Speaker 4: about it forever. But if I really did go down

1123
01:05:09,520 --> 01:05:12,520
Speaker 4: and and and do the profit model which I create

1124
01:05:12,560 --> 01:05:17,640
Speaker 4: for the show, his fifteen points, his thirty points, his

1125
01:05:17,680 --> 01:05:19,360
Speaker 4: fifty points is one hundred points. It's never going to

1126
01:05:19,400 --> 01:05:23,200
Speaker 4: be anything because the guy is too lazy to negotiate

1127
01:05:23,240 --> 01:05:26,240
Speaker 4: the profit definition. It's too thick, it's thirty pages. He

1128
01:05:26,240 --> 01:05:28,680
Speaker 4: doesn't want to do it. You got to go through it,

1129
01:05:28,720 --> 01:05:31,520
Speaker 4: and you got to look at specifically at these imputed

1130
01:05:31,560 --> 01:05:34,480
Speaker 4: license fees, and you say, we don't. You can't just

1131
01:05:34,520 --> 01:05:38,160
Speaker 4: decide what you're licensing it to to a company that

1132
01:05:38,200 --> 01:05:41,720
Speaker 4: you are also owned. Oh, we licensed it to this

1133
01:05:41,800 --> 01:05:45,080
Speaker 4: channel and they only gave us this much. Well no, no, no,

1134
01:05:45,320 --> 01:05:47,800
Speaker 4: you that's because they they you own that channel. You

1135
01:05:47,840 --> 01:05:49,520
Speaker 4: can write any number you want. You have to write

1136
01:05:49,520 --> 01:05:52,480
Speaker 4: a number that's like it reflects what the marketplace is.

1137
01:05:53,560 --> 01:05:56,000
Speaker 4: So right there, you're they're going to burn you on

1138
01:05:56,040 --> 01:05:58,280
Speaker 4: that because they're going to say that we didn't that

1139
01:05:58,320 --> 01:06:01,000
Speaker 4: we didn't make any money because we only got this

1140
01:06:01,040 --> 01:06:06,800
Speaker 4: amount of money for licensing. Now that's where you're gonna

1141
01:06:06,800 --> 01:06:08,960
Speaker 4: get burned. Another place you get burned is these are

1142
01:06:09,000 --> 01:06:12,560
Speaker 4: net profits. Okay, you need gross profits. I would rather

1143
01:06:12,600 --> 01:06:15,200
Speaker 4: have two percent of the gross profits than one hundred

1144
01:06:15,200 --> 01:06:17,680
Speaker 4: percent of the net profits. It's because the net profit

1145
01:06:17,760 --> 01:06:20,480
Speaker 4: definition is BS. You got to get out of that world.

1146
01:06:20,560 --> 01:06:23,080
Speaker 4: You gotta have the gross profit definition. The gross profit

1147
01:06:23,160 --> 01:06:28,280
Speaker 4: definition doesn't make you pay like distribution costs and fees.

1148
01:06:30,040 --> 01:06:33,480
Speaker 4: By the time you pay distribution costs and fees, what

1149
01:06:33,520 --> 01:06:35,760
Speaker 4: are those? They're whatever they make up? Oh, they cost

1150
01:06:35,800 --> 01:06:38,440
Speaker 4: so much per episode to distribute this and reruns and

1151
01:06:38,560 --> 01:06:41,320
Speaker 4: there's a distribution fee and a cost you look, go

1152
01:06:41,320 --> 01:06:43,200
Speaker 4: look at the gross definition. They don't have to pay

1153
01:06:43,200 --> 01:06:46,800
Speaker 4: those things. So all your costs and fees and everything

1154
01:06:46,840 --> 01:06:48,840
Speaker 4: are adding up, and very little money is coming in

1155
01:06:49,200 --> 01:06:51,920
Speaker 4: because of these imputed license fees in the net definition.

1156
01:06:52,120 --> 01:06:54,400
Speaker 4: In the gross definition, they don't have any of that,

1157
01:06:54,680 --> 01:07:00,160
Speaker 4: and they're earning money every quarter. So even though when

1158
01:07:00,160 --> 01:07:03,360
Speaker 4: I found out about this and why this happened, it all,

1159
01:07:03,680 --> 01:07:05,440
Speaker 4: it all rested on the lazy lawyers that were not

1160
01:07:05,480 --> 01:07:08,600
Speaker 4: negotiating the right deals and then you know and then

1161
01:07:08,720 --> 01:07:13,240
Speaker 4: like like twenty years down the road, you're gonna I'm

1162
01:07:13,240 --> 01:07:15,200
Speaker 4: gonna get deposed or you know, one of my partners

1163
01:07:15,320 --> 01:07:17,080
Speaker 4: or my associates in the in the network, and you

1164
01:07:17,120 --> 01:07:19,520
Speaker 4: get deposed, and they're gonna say, well, why did you

1165
01:07:19,560 --> 01:07:21,680
Speaker 4: do this? So I did this because you know this

1166
01:07:21,760 --> 01:07:23,400
Speaker 4: is how we did things, and you know my boss

1167
01:07:23,400 --> 01:07:25,800
Speaker 4: told me to do this, or just following on our orders.

1168
01:07:26,320 --> 01:07:28,080
Speaker 4: And then they have to go with another thing like

1169
01:07:28,120 --> 01:07:31,800
Speaker 4: this is just unconscionable and unjust en Richmond, and how

1170
01:07:31,880 --> 01:07:34,080
Speaker 4: dear the big network do this? And then the guy

1171
01:07:34,120 --> 01:07:37,240
Speaker 4: will get his money, and he should get his money,

1172
01:07:37,280 --> 01:07:39,520
Speaker 4: but he should sue that lawyer from our practice for

1173
01:07:39,960 --> 01:07:44,480
Speaker 4: being LAist. Anyway, that's a little seminar on monkey points

1174
01:07:44,520 --> 01:07:47,720
Speaker 4: and real points and how something can be very very

1175
01:07:47,720 --> 01:07:51,560
Speaker 4: successful but not generate any money. It's because the costs

1176
01:07:51,560 --> 01:07:54,840
Speaker 4: and the fees and the interest on overhead. The overhead

1177
01:07:54,840 --> 01:07:56,480
Speaker 4: on interest is it's all the stuff you have to

1178
01:07:56,480 --> 01:07:59,840
Speaker 4: get out of these contracts and the imputed license fees.

1179
01:08:00,040 --> 01:08:01,160
Speaker 4: You just have to have a good lawyer who is

1180
01:08:01,160 --> 01:08:03,760
Speaker 4: not lazy, or tie your profit definitions to a big

1181
01:08:03,800 --> 01:08:06,720
Speaker 4: star who is as a lawyer that's not lazy, and

1182
01:08:06,760 --> 01:08:08,960
Speaker 4: then you're gonna have a good definition because you said,

1183
01:08:09,240 --> 01:08:13,080
Speaker 4: I will only agree to the same profit definition that

1184
01:08:13,120 --> 01:08:15,440
Speaker 4: the star of the show has or the writer that

1185
01:08:15,440 --> 01:08:18,360
Speaker 4: has a powerful agent. All right, let's take a break

1186
01:08:18,600 --> 01:08:21,639
Speaker 4: and we'll check traffic one last time. Joe Scalante Live

1187
01:08:21,640 --> 01:08:32,880
Speaker 4: from Hollywood. Oh yes, Joe Scalante live from Hollywood. Business

1188
01:08:32,920 --> 01:08:34,920
Speaker 4: end of show Business every Sunday from five to seven,

1189
01:08:35,040 --> 01:08:39,200
Speaker 4: So our last segment of the evening. And uh, by

1190
01:08:39,240 --> 01:08:40,000
Speaker 4: the way, many soon.

1191
01:08:40,120 --> 01:08:42,280
Speaker 3: It just occurred to me, I have not once referred

1192
01:08:42,280 --> 01:08:47,560
Speaker 3: to you as the award winning Joe Steward.

1193
01:08:46,160 --> 01:08:53,439
Speaker 4: Winning, award winning Joe Scalante here every Sunday from five

1194
01:08:53,479 --> 01:08:56,280
Speaker 4: to seven with the business end of show Business for you.

1195
01:08:57,479 --> 01:09:00,120
Speaker 4: And I apologize for that last segment with a dry

1196
01:09:00,439 --> 01:09:03,760
Speaker 4: profit definition stuff. But every once in a while I

1197
01:09:03,880 --> 01:09:08,800
Speaker 4: feel the energy to do it. We're gonna end on

1198
01:09:08,840 --> 01:09:17,000
Speaker 4: this topic. H celebrities opening restaurants. He does fried chicken

1199
01:09:17,080 --> 01:09:17,439
Speaker 4: or something like that.

1200
01:09:17,520 --> 01:09:19,519
Speaker 2: Yeah, something I remember he had like a roasted chicken

1201
01:09:19,600 --> 01:09:19,920
Speaker 2: kind of thing.

1202
01:09:19,960 --> 01:09:26,240
Speaker 4: Roasted chicken. Yeah. Well, Usher, the singer, former Los Angeles resident,

1203
01:09:26,240 --> 01:09:30,679
Speaker 4: went to Buckley School here in town. I believe he's

1204
01:09:30,720 --> 01:09:33,559
Speaker 4: suing investors to recover seven hundred thousand dollars. He lent

1205
01:09:33,640 --> 01:09:37,559
Speaker 4: them to buy a property for a restaurant in Atlanta

1206
01:09:37,600 --> 01:09:43,840
Speaker 4: that was going to be called Homage atl Would you

1207
01:09:43,840 --> 01:09:46,840
Speaker 4: go to a restaurant called Homage one?

1208
01:09:47,479 --> 01:09:49,559
Speaker 3: It depends on what kind of food they're serving. What

1209
01:09:49,640 --> 01:09:50,840
Speaker 3: is it an homage too?

1210
01:09:51,600 --> 01:09:54,920
Speaker 4: But general, in general, you got two restaurants, there are

1211
01:09:54,960 --> 01:09:55,920
Speaker 4: all things being equal.

1212
01:09:56,280 --> 01:09:57,720
Speaker 2: No, I would not. I would know.

1213
01:09:59,520 --> 01:10:02,200
Speaker 3: Because I would ask was this an homage too? I'd

1214
01:10:02,280 --> 01:10:02,840
Speaker 3: rather go there.

1215
01:10:02,920 --> 01:10:05,200
Speaker 4: Yeah, yeah, it's well it doesn't say they just like

1216
01:10:05,280 --> 01:10:12,320
Speaker 4: the word. So anyway, well, anyways, we know that it failed, okay,

1217
01:10:12,479 --> 01:10:15,400
Speaker 4: because we're talking about it. So maybe let's start right

1218
01:10:15,439 --> 01:10:19,720
Speaker 4: there with the name of your restaurant, Homage atl No.

1219
01:10:20,840 --> 01:10:28,040
Speaker 4: Uh the So anyways, Usher lent these guys one point

1220
01:10:28,080 --> 01:10:30,599
Speaker 4: seven million dollars to start the restaurant. He didn't want

1221
01:10:30,600 --> 01:10:33,320
Speaker 4: to be a partner in it, but he said he'd

1222
01:10:33,400 --> 01:10:36,440
Speaker 4: lend him the money, So he lent him the money.

1223
01:10:36,760 --> 01:10:39,920
Speaker 4: Nothing ever happened with the thing. It's in Atlanta and

1224
01:10:39,960 --> 01:10:45,080
Speaker 4: something called the Buckhead neighborhood, and they this has just

1225
01:10:45,160 --> 01:10:47,320
Speaker 4: recently happened. They just started this thing in twenty twenty four,

1226
01:10:47,400 --> 01:10:49,439
Speaker 4: so he's I mean, it wasn't forever that he's waiting

1227
01:10:49,479 --> 01:10:50,519
Speaker 4: for it. But at some point he said, I didn't

1228
01:10:50,520 --> 01:10:53,720
Speaker 4: even money, but it calling in the loan and they

1229
01:10:53,720 --> 01:10:58,519
Speaker 4: gave him a million dollars in August, but nothing since.

1230
01:10:59,080 --> 01:11:02,719
Speaker 4: So he father lawsuit my seven hundred thousand dollars, pay up, sucker,

1231
01:11:04,200 --> 01:11:11,599
Speaker 4: and will he get it? Do they have it? Why

1232
01:11:11,640 --> 01:11:13,439
Speaker 4: didn't he want to be a part of it? Why

1233
01:11:13,439 --> 01:11:16,200
Speaker 4: would he lend him the money? You know, I don't know.

1234
01:11:16,400 --> 01:11:18,479
Speaker 4: Maybe he's got some lean on one of their properties

1235
01:11:18,520 --> 01:11:21,040
Speaker 4: and he's going to get it. But in any case,

1236
01:11:23,360 --> 01:11:26,519
Speaker 4: it just cost to mind. All the celebrity restaurants you

1237
01:11:26,600 --> 01:11:31,599
Speaker 4: mentioned Kenny Rogers, Broasted Chicken. My favorite story is Burt

1238
01:11:31,600 --> 01:11:36,360
Speaker 4: Reynolds his involvement with the Po Folks restaurant Ooh Yes,

1239
01:11:36,720 --> 01:11:39,880
Speaker 4: and the chain filed at bankruptcy in nineteen eighty eight,

1240
01:11:40,760 --> 01:11:44,640
Speaker 4: leading to the closure of many locations, including those Reynolds

1241
01:11:45,280 --> 01:11:50,240
Speaker 4: invested in, and while his investment cost him millions, some

1242
01:11:50,320 --> 01:11:54,040
Speaker 4: franchises continued operating under different names or his independent entities

1243
01:11:54,479 --> 01:11:55,879
Speaker 4: until they eventually closed.

1244
01:11:56,200 --> 01:11:58,240
Speaker 2: Were they Smokey and the Bandit themed?

1245
01:11:59,000 --> 01:12:02,000
Speaker 4: They were Southern that kind of movie. He made a

1246
01:12:02,040 --> 01:12:07,280
Speaker 4: million of movies like that chain. My favorite is is

1247
01:12:09,439 --> 01:12:14,719
Speaker 4: White Lightning and then the sequel Gator. McCluskey, I think Gator.

1248
01:12:15,680 --> 01:12:18,599
Speaker 4: Those are good movies. The Chang's original corporate entity sold

1249
01:12:18,640 --> 01:12:22,840
Speaker 4: its assets after the bankruptcy, and Reynolds's personal investment was

1250
01:12:22,880 --> 01:12:27,920
Speaker 4: a contributing factor to his later financial struggles. So he

1251
01:12:28,760 --> 01:12:37,840
Speaker 4: had to file bankruptcy in nineteen ninety six. Now, and

1252
01:12:37,880 --> 01:12:40,000
Speaker 4: it was because of this restaurant. Now, the reason why

1253
01:12:40,040 --> 01:12:43,200
Speaker 4: I know about this is because I was working. He

1254
01:12:43,280 --> 01:12:45,479
Speaker 4: was one of my actors on a show when I

1255
01:12:45,520 --> 01:12:48,479
Speaker 4: was at CBS called Evening Shade. Evening Shade is a

1256
01:12:48,600 --> 01:12:51,920
Speaker 4: CBS sitcom with Burt Reynolds starring. Now, I had to

1257
01:12:51,920 --> 01:12:53,840
Speaker 4: give him money, and I had to give him money

1258
01:12:53,840 --> 01:12:56,760
Speaker 4: all the time because he was he was bankrupt, So

1259
01:12:57,000 --> 01:12:59,439
Speaker 4: he would want money in advance and he'd call me

1260
01:12:59,479 --> 01:13:01,800
Speaker 4: because I made the deal, and then I would go

1261
01:13:01,840 --> 01:13:03,479
Speaker 4: to the finance apartment. Today we got to give Burt

1262
01:13:03,479 --> 01:13:05,320
Speaker 4: Reynolds some money. I'd go to my boss first and

1263
01:13:05,320 --> 01:13:08,840
Speaker 4: he'd say, you better give Burt Renolds some money, and

1264
01:13:08,840 --> 01:13:10,920
Speaker 4: we just get him in whatever money he needed, and

1265
01:13:11,000 --> 01:13:12,559
Speaker 4: we got a lot of cool stories out of it,

1266
01:13:12,840 --> 01:13:14,639
Speaker 4: and we always gave him his money and he always

1267
01:13:14,640 --> 01:13:17,080
Speaker 4: came in and did his acting. And for Christmas, sam

1268
01:13:17,200 --> 01:13:18,760
Speaker 4: I got an Evening Shade built book.

1269
01:13:19,200 --> 01:13:20,200
Speaker 2: Oh that's cool.

1270
01:13:20,800 --> 01:13:24,679
Speaker 4: Yeah, I still have it, Okay. So the reason why

1271
01:13:24,680 --> 01:13:28,080
Speaker 4: he went bankrupt because he wouldn't go along with the

1272
01:13:28,120 --> 01:13:32,200
Speaker 4: bankruptcy that the corporation did. He said, wait, what are

1273
01:13:32,200 --> 01:13:34,519
Speaker 4: you talking about bankrupt so we're not going to pay

1274
01:13:34,560 --> 01:13:36,360
Speaker 4: our bills. They said, no, you don't have to pay

1275
01:13:36,360 --> 01:13:40,439
Speaker 4: your bills. You're filing bankruptcy. And he says, that doesn't

1276
01:13:40,479 --> 01:13:43,599
Speaker 4: sound right. What about all the people that trusted us? Hey,

1277
01:13:43,600 --> 01:13:45,599
Speaker 4: you know that's how it goes. So he went back

1278
01:13:45,680 --> 01:13:48,280
Speaker 4: and paid every single person, every person that was going

1279
01:13:48,360 --> 01:13:50,639
Speaker 4: to get burned by the bankruptcy. He took his own

1280
01:13:50,640 --> 01:13:53,519
Speaker 4: personal money and he paid all those people and went

1281
01:13:53,560 --> 01:13:57,439
Speaker 4: bankrupt himself. And he would rather go bankrupt himself than

1282
01:13:57,479 --> 01:13:59,240
Speaker 4: to cheat anybody. And that's the kind of person Burt

1283
01:13:59,240 --> 01:14:01,639
Speaker 4: Reynolds was. And that's why I hope to be buried

1284
01:14:01,720 --> 01:14:06,240
Speaker 4: next to him in the Hollywood Forever Cemetery someday. He's

1285
01:14:06,240 --> 01:14:09,400
Speaker 4: got a statue there, a Sino taff I guess you

1286
01:14:09,400 --> 01:14:11,240
Speaker 4: can see at anytime. It's over by the lake. And

1287
01:14:11,560 --> 01:14:13,439
Speaker 4: if you have never been to the Hollywood Forever Cemetery,

1288
01:14:13,680 --> 01:14:18,400
Speaker 4: really check it out. And we're about to be out

1289
01:14:18,400 --> 01:14:20,400
Speaker 4: of time here, but I'll tell you about one last

1290
01:14:20,760 --> 01:14:25,160
Speaker 4: favorite celebrity restaurant from my youth was Alan Hale's Lobster Barrel.

1291
01:14:25,320 --> 01:14:26,160
Speaker 4: Do you know Alan Hale?

1292
01:14:26,320 --> 01:14:28,960
Speaker 2: Yeah, from Gilligan's Island.

1293
01:14:29,040 --> 01:14:31,640
Speaker 4: Yeah, Yes, known for his role as the Skipper on

1294
01:14:31,680 --> 01:14:36,960
Speaker 4: Gilligan's Island. He seafood the sea, Yeah, seafood restaurant called

1295
01:14:37,000 --> 01:14:40,680
Speaker 4: Allen Hale's Lobster Barrel eight twenty six Locienaga Boulevard, right

1296
01:14:40,720 --> 01:14:42,560
Speaker 4: in the middle of a restaurant row. We used to go

1297
01:14:42,640 --> 01:14:44,360
Speaker 4: there all the time as a kid. Whenever it was

1298
01:14:44,439 --> 01:14:46,719
Speaker 4: my choice, where do you want to eat today, Little Joe,

1299
01:14:47,880 --> 01:14:50,640
Speaker 4: I want to go to Allen Hale's Lobster Barrel. And

1300
01:14:50,680 --> 01:14:53,240
Speaker 4: then he got out of it at some point. He

1301
01:14:53,360 --> 01:14:56,120
Speaker 4: used to be there at meeting guests and stuff like that.

1302
01:14:56,760 --> 01:14:59,800
Speaker 4: And then but then when he got out, then he

1303
01:14:59,920 --> 01:15:01,760
Speaker 4: was there and it became it used to be a

1304
01:15:01,800 --> 01:15:04,360
Speaker 4: real big celebrity hangout, and then it was just a

1305
01:15:04,400 --> 01:15:06,719
Speaker 4: regular restaurant after he left, and eventually it went down

1306
01:15:07,000 --> 01:15:09,479
Speaker 4: for a lot of reasons, but Alan Haile's a lobster

1307
01:15:09,520 --> 01:15:12,880
Speaker 4: burrow all right, I guess we're out of here. I

1308
01:15:12,960 --> 01:15:15,400
Speaker 4: now leave you with just a taste of the greatest

1309
01:15:15,400 --> 01:15:16,360
Speaker 4: song ever written.