Mike The Pike Productions Inc (fka MIKP)

[Nikodemos]

Why Hollywood’s labor nightmare won’t end soon: frustration, fear and mistrust
Los Angeles, CA - May 02
By LA Times

A unique meeting of minds takes place at an L.A. eatery between architects, real estate magnates and foodies – see who was there, and what was discussed.

Writers quickly trumped the companies in the ongoing PR battle by using social media to amplify their cause. Typically sure-footed media titans found themselves on unfamiliar ground — portrayed as out-of-touch corporate fat cats. After several messaging missteps, the companies and their negotiating arm, the Alliance of Motion Picture and Television Producers, last week hired a crisis communications firm.

“I don’t know if it’s the billions of dollars that surround their jobs or dealing with Wall Street that has insulated them, but they can’t even pretend to say the right things, which they normally do,” said Matthew Weiner, creator of the hit AMC drama “Mad Men,” earlier this week while picketing outside of Netflix’s Hollywood campus.

An AMPTP representative declined to comment for this story. The WGA declined to comment on the state of negotiations.

https://www.latimes.com/entertainment-arts/business/story/2023-09-01/writers-strike-actors-strike-sag-aftra-wga-hollywood-labor-strife



I have written extensively on why I thought The STRIKE would go through Christmas.

Here's a quick summary:
[] 71yr AntiTrust Law
[] Governing AMPTP-Studios
[] Gets flipped during Covid (2020, I believe)
[] Allowing Studios to NOW OWN theaters & theater chains
[] And they became incentivized to recoup, recover &/or reclaim the 30-40% of ticket sales,
[] They'd NORMALLY have to share with the theater owners &/or distributors

So my thesis was"
[] The AMPTP Studios, Streamers & Execs
[] Starve out the unions through the fiscally-intensive Holidays
[] And AFTER the longest strike in History,
[] Unpaid mortgages, broken finances, family fractures, etc...
[] The UNIONS would be pressured to come around
[] & be far more willing to accept an INFERIOR deal

But also, by doing so:
[] The AMPTP studios build MASSIVE CASH RESERVES
[] rom money coming in & NO PRODUCTION FUNDS going out
[] WHICH HAS ALREADY BEEN WITNESSES & REPORTED

[] And as the strikes continue...
[] The CONTENT available for theaters & theater chains WOULD DROP PRECIPITOUSLY
[] Thereby threatening the viability of theaters & theater chains
[] So the ADDED INCENTIVE for the LONG STRIKE (for the AMPTP members)
[] Was so that AMPTP members could BUY OUT already depressed REAL ESTATE
[] And the artificially depressed, or NOW DEPRESSED, Theaters, Theater business(es) & Theater chains as well
[] With ALL THAT CASH they have built-up from production monies that have NOT gone out...

[] ALONG with their underlying real estate assets
[] They'd acquire far more cheaply than they otherwise could
[] And weren't allowed to do so BEFORE the 71-yo ANTI Trust LAW changed!

[] And the AMPTP members go back to Wall St, financiers, etc..
[] HAVING NOT ONLY WON,
[] Gotten everybody back to work (perhaps more cheaply)
[] But also with APPRECIATING REAL ESTATE assets
[] they bought at SIGNIFICANT DISCOUNT
[] And the 30-40% MORE REVENUES

[] They recoup from extending OWNERSHIP of the distribution chain (that the 71-yo antitrust law-REPEAL)
[] NOW ALLOWS!!

It was FOR THESE REASONS I had speculated that THESE Union Strikes were going to be lengthier than THOSE in the past

The current strikes are EXPECTED to outlast any that have preceded it!


I must admit: I was however, surprised that the AMPTP had begun negotiating with Labor as early as they have. I thought they'd wait AT LEAST until October & said so in many posts!

What is VERY DISAPPOINTING here. Is that Mark should have been FAR MORE astute, aware, & prescient. And either, NOT have emerged when he did. To extra audit, fees, registration, uplift, costs, expenses, etc. (which he & his advisers clearly BOTCHED & FAILED to research), but that he ALSO did so WITHOUT having an active plan to LEVERAGE his status as a non-AMPTP entity, apply for a filming waiver, & get going on PRODUCTION whilst the strike was going on. This MISTAKE has cost the company time, money, a TON (imho) of FREE PUBLICITY, MARKETING & AWARENESS!!

I think he is a VERY STUPID "ceo"... If he was SMART he wouldn't SLAP SHAREHOLDERS in the FACE with this $254,306.00 2022 & 2021 bullcrap salary demand. And he'd have contacted actors who WANT TO WORK, get the waiver, & KEEP MOVING FORWARD!! He has a HUGE COMPETETIVE advantage as all the larger studios CAN NOT take this step. But he can! And he is WASTING the opportunity!!


Shareholders should take him to task on these matters! Especially if they want the stock to get attention, awareness, gain traction, & be seen as moving on, making progress & standing out! Which means MORE INVESTOR ATTENTION & AWARENESS!! Mark needs that to achieve higher prices so that any funding isn't executed down here at these prices, but MUCH HIGHER!! Too bad he's hired some COMPLETE NOVICE MORONS who need help themselves! This is the blind leading the blind... In the worst of ways.



JUST THE FACTS PLEASE!!





$MIKP




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