• Tony Bark@pawb.social
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    3 days ago

    In a statement, Roberta Kaplan, a lawyer for the shareholders who represented E. Jean Carroll in sexual abuse and defamation lawsuits against Trump, said large media companies “should not succumb to unconstitutional threats or blackmail.” She added, “ABC was the network to run the series Schoolhouse Rock more than fifty years ago. Its leadership should pay attention to the important lessons it taught.”

    Never thought I’d be on agreeing with shareholders.

    • lurch (he/him)@sh.itjust.works
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      3 days ago

      Everyone can hold shares. Some shares are like <2€ per piece. It’s a group far too big to have a distinct characteristic.

      • DancingBear@midwest.social
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        2 days ago

        I disagree. One characteristic of shareholders is that they are not a part of the 60% poorest Americans.

        Also. The wealthiest 10% of Americans own 87% of all the stock.

        All the the middle and upper class and upper upper class own the other 13% lol

        There is an 87% chance that the stockholder is in the top 10% of wealth in the country.

        • lurch (he/him)@sh.itjust.works
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          2 days ago

          that may well be, but you can be poor and still own shares. like if you have lots of debt, but are slowly paying it back and you have them from before that.

          also, like i mentioned earlier, there are really cheap ones, for example KYG8701T1388 is cheaper than a lottery ticket at the moment (but brokers have varying fees and there may be taxes).

          • DancingBear@midwest.social
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            2 days ago

            Absolutely, but your anecdote doesn’t change the facts.

            Owning stock absolutely gives you a defining characteristic, that’s all I was responding to, don’t have anything against folks who own stock or anything but to suggest that it’s far too big a group to have any defining characteristics is a little absurd…

            If you took all of the stocks in existence and picked one randomly, there is literally an 87% chance that the owner of that stock is in the top 10% of wealth ownership in the country, USA I mean….

            Our family owns some stocks I guess but we are not in the top 10 percent but my anecdote doesn’t change the facts either…

      • Gold_E_Lox@lemmy.dbzer0.com
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        3 days ago

        riiight, no distinct characteristic…

        thats why the top five share holders (23% altogether) are investment banks and capital management funds.

        totally nothing distinct going on

        • boonhet@sopuli.xyz
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          2 days ago

          Lol you and I are probably part of those top 5.

          There’s a reason those companies are measured by “Assets Under Management”. It’s not their own assets.

          • lurch (he/him)@sh.itjust.works
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            2 days ago

            yeah, i think the only thing one can say with certainty is that they own shares.

            did they buy them to get a vote in company decisions? did they buy them to get dividends? did they buy to later sell them for more? who knows.

  • redsand@lemmy.dbzer0.com
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    2 days ago

    Fire executives. Please fire the idiot in charge of starwars from a cannon while these cucks careers burn.