Viacom so devastated by piracy that CEO gets $50 million rai
Newsbot @ Wed Nov 09, 2011 2:14 pm
Title: Viacom so devastated by piracy that CEO gets $50 million raise
Category: Business
Posted By: DrCaleb
Date: 2011-11-09 11:20:57
Bacardi4206 @ Wed Nov 09, 2011 2:14 pm
50 million as a paycheck? Hot damn. Overpayed much?
andyt @ Wed Nov 09, 2011 2:17 pm
Actually he got 84.5 million. The 50.5 million was a raise. What's the matter, you jealous or something?
bootlegga @ Wed Nov 09, 2011 2:28 pm
He must have deserved it, look at what he's accomplished over the years;
$1:
For years, the Motion Picture Association of America has been pushing legislation to ratchet up copyright enforcement. In 2008, the association helped push through the PRO-IP Act, which allowed the federal government to seize domain names used for copyright infringement and created a new federal copyright czar. This year, the MPAA is a leading force in the campaign for "rogue sites" legislation, which would give the federal government broad powers to target sites with minimal judicial oversight.
I'm sure the $85 million he gets will be a drop in the bucket compared to what his company will earn now that all those filthy pirates are going to get crushed by the US government!
Kitsune_H @ Wed Nov 09, 2011 2:43 pm
Fuck the MPAA. That's all I have to say.
DanSC @ Wed Nov 09, 2011 3:11 pm
If he's earning it, more power to him. If he's not earning it, I'm sure Viacom will get bailed out after he drives it into bankruptcy.
DrCaleb @ Wed Nov 09, 2011 3:31 pm
DanSC DanSC:
If he's earning it, more power to him.
As the article says, it's a public company so if he's earning it, that for the stockholders to decide.
But I don't think Hollywood has any right crying about lost earnings due to piracy, with salaries like this - and infamous 'Hollywood accounting' practices.
DanSC @ Wed Nov 09, 2011 3:33 pm
DrCaleb DrCaleb:
But I don't think Hollywood has any right crying about lost earnings due to piracy, with salaries like this - and infamous 'Hollywood accounting' practices.
How else is he going to afford hookers and blow?
DrCaleb @ Wed Nov 09, 2011 3:37 pm
DanSC DanSC:
DrCaleb DrCaleb:
But I don't think Hollywood has any right crying about lost earnings due to piracy, with salaries like this - and infamous 'Hollywood accounting' practices.
How else is he going to afford hookers and blow?
Same way I do. Cheap hookers and generic brand whisky.
bootlegga @ Wed Nov 09, 2011 3:44 pm
DrCaleb DrCaleb:
DanSC DanSC:
If he's earning it, more power to him.
As the article says, it's a public company so if he's earning it, that for the stockholders to decide.
But I don't think Hollywood has any right crying about lost earnings due to piracy, with salaries like this - and infamous 'Hollywood accounting' practices.
I'd rep if I could!
RUEZ @ Thu Nov 10, 2011 9:48 am
DrCaleb DrCaleb:
DanSC DanSC:
If he's earning it, more power to him.
As the article says, it's a public company so if he's earning it, that for the stockholders to decide.
But I don't think Hollywood has any right crying about lost earnings due to piracy, with salaries like this - and infamous 'Hollywood accounting' practices.
True enough, the old scare tactic isnt going to wash. However at the end of the day its still their I.P. to do with and protect as they see fit.