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Hollywood is on strike because CEOs fell for Silicon Valley’s magical thinking (www.latimes.com)

submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

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Hollywood is on strike because CEOs fell for Silicon Valley’s magical thinking::Inspired by the success of Netflix, Hollywood studios pursued Silicon Valley-style hypergrowth with tactics borrowed from the likes of Uber and Lyft.

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[-] sachabe@lemmy.world 5 points 1 year ago

I see it more as Disney's CEO saying his company can't afford to pay actors more, and yet they chose to pay him 27mil a year. That's why his salary is relevant in the discussion.

this post was submitted on 22 Jul 2023

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