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Warner Discovery CEO made $498M in the last 5 years– 384x the average writer

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Re: Warner Discovery CEO made $498M in the last 5 years– 384x the average writer

#2
> "Meanwhile, average pay for Hollywood writers has remained virtually flat at about $260,000 as 2021,..."

Somehow any iota of outrage I might have felt just evaporated. Elites griping about even bigger elites don't muster much sympathy.

Re: Warner Discovery CEO made $498M in the last 5 years– 384x the average writer

#3

> " Meanwhile, average pay for Hollywood writers has remained virtually flat at about $260,000 as 2021,... " Somehow any iota of outrage I might have felt just evaporated. Elites griping about even bigger elites don't muster much sympathy.

“Average“ means there are a few who make millions and the rest make like 40-80k. JK Rowling would still be considered a writer, for instance, pushing the average up for her few movies.

Re: Warner Discovery CEO made $498M in the last 5 years– 384x the average writer

#4

> " Meanwhile, average pay for Hollywood writers has remained virtually flat at about $260,000 as 2021,... " Somehow any iota of outrage I might have felt just evaporated. Elites griping about even bigger elites don't muster much sympathy.

You read a story about an exec being paid half a billion over five years and you lose sympathy for the people making $260K? I barely make $45k myself, but my takeaway isn't that the people asking for fairer compensation don't deserve it because they make more than me already.

What a reductive view. Labor unionization sucks in this country for opinions like this.

Re: Warner Discovery CEO made $498M in the last 5 years– 384x the average writer

#5
post #3

> " Meanwhile, average pay for Hollywood writers has remained virtually flat at about $260,000 as 2021,... " Somehow any iota of outrage I might have felt just evaporated. Elites griping about even bigger elites don't muster much sympathy.

“Average“ means there are a few who make millions and the rest make like 40-80k. JK Rowling would still be considered a writer, for instance, pushing the average up for her few movies.

While what you say is possible, I would think there could be some members who are not working very often making much less than 40K, having the opposite effect.

Re: Warner Discovery CEO made $498M in the last 5 years– 384x the average writer

#7

> " Meanwhile, average pay for Hollywood writers has remained virtually flat at about $260,000 as 2021,... " Somehow any iota of outrage I might have felt just evaporated. Elites griping about even bigger elites don't muster much sympathy.

How little do they need to make before you feel outrage?

Can you still have support and sympathy without outrage?

What are some of the strikes in the last few decades where you have felt outrage, and how did that help the strike effort?

Re: Warner Discovery CEO made $498M in the last 5 years– 384x the average writer

#8
post #3

> " Meanwhile, average pay for Hollywood writers has remained virtually flat at about $260,000 as 2021,... " Somehow any iota of outrage I might have felt just evaporated. Elites griping about even bigger elites don't muster much sympathy.

“Average“ means there are a few who make millions and the rest make like 40-80k. JK Rowling would still be considered a writer, for instance, pushing the average up for her few movies.

Another issue is that it tends to be very bursty. They will often get a big payout, but then nothing for several years. There aren't that many writers who get a reliable pay check, so it is more (in common with acting) a lot of people getting occasional big payouts and then drifting off to be replaced by the next batch of hopefuls.

I doubt average amounts are in any way meaningful in this context.

Re: Warner Discovery CEO made $498M in the last 5 years– 384x the average writer

#9
That's eye watering but turns out most of it was given in performance based stock options a few years ago, staggered over seven years, at prices (judging by today's stock value) that will never be hit.

Not to say he doesn't make a lot of money...

Re: Warner Discovery CEO made $498M in the last 5 years– 384x the average writer

#10
post #7

> " Meanwhile, average pay for Hollywood writers has remained virtually flat at about $260,000 as 2021,... " Somehow any iota of outrage I might have felt just evaporated. Elites griping about even bigger elites don't muster much sympathy.

How little do they need to make before you feel outrage? Can you still have support and sympathy without outrage? What are some of the strikes in the last few decades where you have felt outrage, and how did that help the strike effort?

> How little do they need to make before you feel outrage?

Certainly it would have to be a small enough amount that they might face some kind of financial hardship under normal circumstances. If a company is paying all their employees (which to be clear I know is not the case here, but just as a hypothetical example) enough that they can comfortably raise a family in even the most expensive cities in the world, I'm not going to spend my time criticizing that person regardless of how much they make.

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