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The Hollywood Reporter: WarnerMedia Cuts About 1,500 Jobs

This is rarely the case. Even if the CEO makes millions that doesn't go very far when you're talking about thousands of jobs. I have no idea what Kilar is paid but the internet seems to think his net worth is between 1 and 5 million. Let's say he's worth 5 million and he sells every penny to his name, and let's assume that his average employee costs $100k a year for salary + taxes + benefits + overhead, etc. That means he could save 50 jobs for 1 year....yet they're talking about cutting 1500 jobs. Not even close..

People also forget that a person's worth is not actual money. Jeff Bezos does not have 183.6 billion dollars sitting in his back account to draw from, that's the worth of his company and asserts, not actual dollar bills he has to spend.

Obviously rich CEOs still take home a lot of money, but it's hardly how much people think they have, and even then like you said it's generally not enough to float a company with thousands or even millions of employees for decades or even years. It's a short term solution at best, which in the Nintendo example, was all they needed. They needed to just hold out for a few months until their profits to rise back up and their new games and consoles to take off.

Still think it's a good idea to let AT&T to keep Crunchyroll, forum?

DjangoDCCX wrote:

Still think it's a good idea to let AT&T to keep Crunchyroll, forum?

The issue isnt AT&T keeping CR, but Sony buying it. They could sell it to anyone else, and there probably wouldn't be much of a problem, but its selling it to a place which will make a virtual monopoly that may have repercussions for both fans and the industry

Lynx Raven Raide wrote:

The issue isnt AT&T keeping CR, but Sony buying it. They could sell it to anyone else, and there probably wouldn't be much of a problem, but its selling it to a place which will make a virtual monopoly that may have repercussions for both fans and the industry

Last I read Sony refused AT&T's initial price because AT&T inflated CR's value.
So AT&T started to pitch the service to other companies like Amazon, Disney, & Universal, to name a few, but they all generally agreed that CR wasn't worth the asking price.

Since AT&T's main goal is to get rid of it's debt, they pitched a lower price to Sony and Sony agreed.

Crunchyroll being sold to whoever was willing to pay was already going to start a "monopoly", as the 4 major companies that AT&T wanted to sell to already had their foot in the anime game in some way, it's just Sony has a more notable presence.