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The PGA Tour is adapting to the emergence of LIV, the new Saudi backed golf tour with a multi-billion-dollar bank account. As several prominent players defect from the PGA Tour for apparently greener pastures, Mesh and Paul explain the PGA Tour’s response thus far, the economics of the modern golf-industry in the U.S., and the legal framework which may be applied to the PGA Tour’s decision to suspend prominent players who join a competitive league. Can the leagues ultimately share resources and talent in a way that benefits the game of golf? Or will tensions continue to rise?
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Media companies are feeling the market volatility as consumer spending and advertising revenue are going down - where are they tightening their belts to compensate? How is this impacting mega-deal activity? Peter Rice was abruptly fired from Disney amidst a successful tenure. And YouTube is making a play for TikTok’ mantle as the dominant place for short videos.
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The family of the original writer of Top Gun is suing Paramount for copyright infringement claiming they agreed to a sequel Do they have a case? Johnny Depp’s lawyer Camille Vasquez will appear in a new documentary detailing the actor’s relationship with Amber Heard. And, we’ll also discuss Netflix’s interest in acquiring Roku. What does that mean for the stocks?
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Does Amber Heard have legitimate grounds for an appeal after losing the libel case against Johnny Depp? Can Hollywood heavyweights have a fair trial in the age of social media? Hollywood studios are trying to shut down VPNs that make it possible to skirt the copyright restrictions. Also, Chelsea Football Club is acquired after the UK forced its Russian owners to put it up for sale.
Find Mesh on Twitter: @meshlakhani
Find Us on Instagram: https://www.instagram.com/bettercallpaulthepodcast/
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This week on BCP we’ll discuss Ray Liotta’s untimely passing and our favorite films of his from over the years. Also, Warren Buffett’s Berkshire Hathaway invested $2.6B in Paramount. Known for buying undervalued and the long-term winners, we’ll go into the details of what he might see here. Lastly, Seth Green’s crypto wallet was compromised and he’s lost ownership of some high-valued NFTs including Bored Ape #8398 which is the bartender on a show he’s been working on called White Horse Tavern. Since he no longer has the rights he may not be able to use it any longer. We’ll discuss this and much more.
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The entertainment industry is covering their bases - Netflix hopes to further dominate things by introducing live streaming. And WarnerBrothers wants to be seen as the "fifth" US broadcast network. Then, we'll discuss the lawsuit being brought against Euphoria's Sydney Sweeny for breaking her agreement with LA Collective. Lastly, Maverick is back and Tom Cruise is not interested in streaming. Instead he wants to support the theater owners with both Top Gun and Mission Impossible.
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Kanye, OJ, Will Smith, Kobe Bryant, Jesse Smollet: What do they have in common? Kendrick Lamar featured them all in his latest music video using deepfake technology. We’ll discuss the legality of that and whether or not he can be sued. Also, Disney takes $1B hit as it ends licensing to redirect to streaming. And lastly, Covid has officially caused more than 1M deaths in the US alone, but it’s also had a major impact in entertainment and their ability to do business. Billions of dollars have been lost and Covid insurers are getting sued by both Hollywood entertainment and live event businesses.
Paul's Reddit AMA on the Marvel Studio Subreddit
Paul & Mesh on The Daily Zeitgest- Proud Boy? Too Much Content 05.11.22
Mesh on Twitter
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The box office is back with Dr. Strange: Multiverse of Madness raking in $190 million. The trickle down effects to the fully Disney Plus library is proving exponential. Also, Dave Chapelle was attacked during a comedy show and Olivia Wilde was served papers during Cinemacon. What is the process for protecting performers while they are on stage and what are the celebrity’s legal rights during performances? Lastly, Justin Lin walks off the set of Fast X due to creative differences and their impact on his mental health. Given the complex contracts of a $100+ million movie, how is that even possible and what are the options for replacing him?
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The future of Marvel. Our main topic this week is X-Men and Dr. Strange 2 and the immense IP crossover potential that exists between the Marvel Universe and Disney’s vast vault of characters. Paul gives a history lesson on Marvel’s sale of assets over the years and their bids to reacquire their most popular characters and what that means for the fans. Also we discuss the Johnny Depp libel lawsuit and how social media is playing a role.
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A lot of drama in the streaming wars to discuss as Netflix’s stock plummets and CNN+ dissolves in a month. Also, Johnny Depp is suing Amber Heard, his ex-wife, for defamation after she accused him of domestic abuse. Paul explains the different ways a defamation case can be litigated. How can people (and even podcasters) protect themselves financially and from today’s cancel culture?
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