Aran Marin

about 15 hours ago

@GupaloVasyr7o4 Honest question: if you were 24 and unknown, would you have asked for a share of the gross, or just taken the role? Most of us would have said yes to the $175 000

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garygyfy retweeted

about 17 hours ago

“I got nothing $175,000.” Orlando Bloom said this about The Lord of the Rings on the Howard Stern Show in 2019. He says he was a nobody when he signed. The host asks the obvious question: “How many billions for the three?” The trilogy grossed over $3 billion at the box office. He was not the only one who felt shortchanged. J.R.R. Tolkien’s estate got $62,500 upfront for the three films. In 2008 it sued New Line for about $150 million, saying it never received the 7.5% of gross receipts it was owed. The case settled in 2009. The terms are secret. Director Peter Jackson’s company sued New Line in 2005. The complaint said the studio took improper deductions for home video, used the wrong DVD royalty rate, and failed to audit its own affiliates. His lawyers said it could be as much as $100 million. In 2007 they settled. The deal cleared the way for The Hobbit. The terms were never disclosed. In the video below, Bloom still calls the role “the greatest gift of my life.” Fame or a share of the gross: which one would you take?

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1 day ago

@FinRetv Exactly. And Larry K. was the one who pointed in out? right on air: "which owns this network, i might add" Everyone in the room knew what was happeninng

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1 day ago

“I don’t consider it proper that my creations belong to someone else.” Prince said this on CNN in 1999. He was one of the biggest stars in the world. But he did not own his biggest album, Purple Rain. He had been in a dispute with his record label over who owned his music and how often he had to record. During that fight he wrote “slave” on his face. In the video below, the host points out something funny: the label, Warner Brothers, owned the network they were sitting on. Prince’s fix was simple. He said he would have to re-record Purple Rain to own a new master copy of it. He had already done that with the song “1999.” Twenty years later, Taylor Swift did the same thing. Should an artist own the recordings they make, or is the label’s money enough?

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1 day ago

@xbtkio "Make the chair more comfortable than the door" Thanks the whole business model. The house doesnt need you to lose a bet. It needs you to stay seated

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1 day ago

@GupaloVasyr7o4 Fair point, thanks for adding that it makes the post better

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garygyfy retweeted

1 day ago

Taylor Swift spent years trying to get her original music back When she signed her first record deal at 15, she probably wasn’t thinking about what it would mean to lose control of those recordings one day. But that’s what happened. Her first six albums ended up in someone else’s hands, and she couldn’t simply buy them back. So she found another way. She re-recorded the albums, giving herself ownership of the new versions while continuing to work toward getting the originals back. In 2025, she finally did. The owner was Shamrock Capital. Instead of sending lawyers to negotiate, Taylor sent her mom and brother to explain why this mattered so much to her. When the deal was done, she said she cried on the floor. After a decade of disappointment, she’d almost stopped letting herself hope it would happen. I think there’s a bigger lesson here than just music rights. Sometimes making more money isn’t the same as building something you actually own. If you had to choose, would you rather earn more from your work or have full ownership of it?

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@GupaloVasyr7o4 The detail that go me: she didnt want 30% or a partnership She said she wanted to own all of it Thats the difference berween getting paid and owning

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3 days ago

“I’ve had losing weeks. I’ve had losing months. But never a losing year" Billy Walters told 60 Minutes this in 2011. The day before, he had lost $257,200. In the video below, you can watch his Sunday morning. Before the first NFL kickoff he phones in bets: about $1.37 million, plus the 10% fee. By the end of the day he expects roughly $2 million at risk. His partners use code names like Jaybird and Wolfman. His consultants have worked for him for 30 years and have never met each other. His line about it: “The only common denominator is me.” Years later, a jury convicted him of insider trading in the stock of Dean Foods. He was sentenced to five years. In 2021 Trump commuted the sentence. In the same 2011 interview he said he had met more crooks in suits and ties than among gamblers. Skill or information: what was his real edge?

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garygyfy retweeted

4 days ago

In May 1993, a book claimed Michael Jordan owed a golf partner $1.25 million. A few weeks later, before Game 1 of the NBA Finals, Jordan broke two weeks of silence to answer it. In the video below, he sits in dark sunglasses across from NBC’s Ahmad Rashad. He says betting is legal. He says he lost more than he wanted, but paid his debts. He says he gambled “less than half a million dollars.” The author was Richard Esquinas, a golf partner. According to his account, as reported by GOLF, the debt started at $153,000. After several double-or-nothing matches, it spiraled to $1.2 million. Jordan says he only ever owed $300,000. Esquinas says Jordan played the tab down to $902,000, agreed to pay $300,000 and paid about $200,000 before the payments stopped. On the $1.2 million figure, Jordan says it was exaggerated: “It sells books.” He says he doesn’t consider the author a friend, because “friends don’t do that to other friends.” There was one more fact Jordan couldn’t wave away. In court, he admitted that a $57,000 check to a gambler named James “Slim” Bouler was a golf gambling debt Rashad asks him directly if he has a gambling problem. “No, I enjoy it. It’s a hobby.” The book was titled “Michael and Me: Our Gambling Addiction... My Cry for Help.” Jordan called it a hobby. Was Esquinas inflating the number to sell a book, or was Jordan shrinking it to protect his image?

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garygyfy retweeted

4 days ago

In April 2015, Jim Cramer compared Elizabeth Holmes to Steve Jobs. Her company Theranos was valued at $9 billion. Three years later it was dissolved. Holmes founded Theranos as a Stanford dropout at 19. She promised blood tests that were cheap, fast and nearly painless. Below is her interview on Mad Money from April 2015. She says she's terrified of needles herself, and talks about cancer patients and children who dread blood draws. She says Theranos was already in 41 wellness centers in Arizona, with Walgreens behind it. She also says the company billed Medicare and Medicaid at 50 to 90% below their rates. Cramer asks the big question: Quest and LabCorp, with about $11 billion in revenue between them, have every reason to stop her. Can't they just crush a small company? Holmes answers: "This is not about us or our technology." The case for Holmes. In the clip, Cramer says "this is not some pie in the sky" and points to a strong board and the Walgreens partnership. It looked like real backing. A jury later also acquitted her on the counts about defrauding patients. October 2015. The Wall Street Journal publishes reporter John Carreyrou's investigation, raising doubts about whether Theranos's technology worked as claimed. Holmes goes back on the same show to push back. Then come the inspections. After a federal regulator inspection, Theranos voluntarily suspends nearly all of its tests, keeping only one approved by the FDA. It later leaves the lab business. June 2016. Walgreens, which had partnered with Theranos since 2013 at more than 40 locations, ends the partnership. In November it sues for $140 million, and in 2017 the case is settled for less than $30 million. 2018. The SEC charges Theranos, Holmes and former president Sunny Balwani with fraud. Months later, the company is dissolved. Forbes later puts her net worth at zero. January 2022. A jury finds Holmes guilty on four counts: three of investor fraud and one of conspiracy. She is acquitted on four counts about patients. In November 2022, she is sentenced to 11 years and 3 months in prison. The question in the clip was whether competitors would crush her. They didn't. The investigation, the inspections, the lost partner and the charges did. If you were in that studio, what would you have asked her first?

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4 days ago

On March 11, 2008, Jim Cramer told a viewer not to take his money out of Bear Stearns. Six days later, JPMorgan agreed to buy the bank for $2 a share. In the video: A viewer asks on Mad Money if he should worry about Bear Stearns. Cramer answers: “No, no, no. Bear Stearns is fine. Do not take your money out.” Then the clip jumps six days ahead. A news report says Bear shares are down 90%, and JPMorgan is buying the bank for $2 a share. What happened next. The Fed backed the deal with up to $30 billion for less-liquid assets. On March 24, JPMorgan raised its offer to $10 a share. Cramer later said he meant money in brokerage accounts, not the stock. CNBC backed him. The case for Cramer. The question was about money in an account. The case against. The stock chart was on screen, and the answer was a flat “no.” Here’s the lesson. “Is my account safe?” and “is the stock safe?” are two different questions. The viewer heard one answer to both. Was this a bad call, or a good answer to a different question?

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garygyfy retweeted

6 days ago

Would you say something or pretend nothing happened?😎

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garygyfy retweeted

Darvin

@darvinxq

8 days ago

Dana White made $360 million because he refused to pay the Boston mob $2,500. Whitey Bulger’s crew gave him until 1 o’clock the next day. He didn’t have the money, so he did something else. In the video below, he tells the story himself. Early 1990s, South Boston. Dana is in his early 20s, teaching boxing classes to businessmen and housewives to pay the bills. One day two men walk into the middle of his class and say, “We need to talk to you.” He thinks they own the gym. They ask if he knows who they are. He doesn’t. He says one of them was Kevin Weeks, Whitey Bulger’s right-hand man. A few days later the call comes. $2,500 was like $25,000 to him back then, and he didn’t have it. That same day he bought a plane ticket to Las Vegas. In Vegas he teamed up with Lorenzo Fertitta, a guy he knew from high school. In 2001 the Fertittas bought a dying fight league for $2 million and made Dana president. The league was the UFC. In 2016 it sold for $4 billion, and Dana’s 9% was worth about $360 million. If he’d had $2,500 that night, he might still be teaching boxing in Boston. Would you have paid, or bought the ticket?

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garygyfy retweeted

9 days ago

wait, what is going on??? 0.10

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garygyfy retweeted

10 days ago

THEY WERE JUST TAKING A SELFIE🙂 THE PILOT WAS JUST FLYING THEN THE JET DECIDED TO DO THE REST No script. No stunt. Just one wrong second in the air and everyone in the cabin flying in a different direction.

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garygyfy retweeted