April 12, 2024 • 32 mins
ICYMI: Hour Three of ‘Later, with Mo’Kelly’ Presents – Thought on AMC Theaters CEO Adam Aron’s speaking out following shareholder backlash, and sagging shares…PLUS – A look at Disney’s argument that it “had a First Amendment Right to fire Gina Carano for offensive posts” AND the most exciting reveals thus far from CinemaCon 2024 - on KFI AM 640 – Live everywhere on the iHeartRadio app
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You're listening to Later with Moe Kellyon demand from KFI AM six forty.
There's been a lot of discussion aboutAMC, specifically in the past week.
Their stock price has tanked and AMCCEO and this is all around the time
of CinemaCon, So you have allthese movie theater owners coming together wondering about
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the state of the industry. Andthere was a conversation we had where basically
they were lying saying, oh,things are looking up, it'll get better
in twenty twenty five and twenty twentysix, we were saying, oh,
no, that the indicator suggests theexact opposite. But then you add this
to it. The AMC CEO hashad to try to defend his compensation.
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Adam Aaron. Remember now can lookup AMC stock price real quick because I
know it's in the toilet. AdamAaron received twenty five point four million dollars
in compensation last year. That's upfrom twenty three point seven million in twenty
twenty two, and that's up fromthe eighteen point nine million he made in
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twenty twenty one. So for thepast two three years he has had increasing
salary compensation. Their stock right nowis two dollars and eighty cents. Two
dollars and eighty cents down from andtell me, yeah, and tell me
for the past year. You shouldprobably say for year to date. Give
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me one second. I'm going totry to read this. Oh my gosh,
I don't know how to read stockprices. Okay, time to buy?
Yes? No, what'll wait?I don't understand any gosh Okay.
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AMC stock price is two dollars andeight eighty cents right now, year to
date, down from what three pointNo, No, it's not. This
is just down another three point thirtyone, down from fifty four point seventeen.
It's it's down. No, it'sdown fifty four percent since the beginning
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the year. It's been hovering aroundsix dollars at the beginning of the year.
Now it's down to two dollars ineighty seven. So that's minus three
point thirty one, right, yes, which is more than fifty four percent
of the stock price, which isa point. Gotcha, they've lost.
The valuation of the company has beencut in half just this calendar year,
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and yet his compensation has been goingup the past three years. This includes
Adam Aaron's base salary of one pointfive million. His base salary is one
point five million, Okay, that'shis base salary, and yet he has
stock awards. This is why it'sreally important. Stock awards are seventeen point
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nine million off of declining stock,which is basically on the floor at this
point, and a non equity incentiveplanned compensation of six million. So eighteen
million in stock, six million inincentive plan compensation. I'm trying to think,
like, what incentive marker did hehit? I mean, what did
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nuggets? He delivered those vegan nuggets, not on time, it took him
in twenty five minutes, but hegot twenty five point four million for a
failing company. And I would sayhas been lying to not only shareholders but
the general public about the prospectus forthe future of not only the company but
the industry. Quote and this iswhat the AMCCO was trying to say to
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justify what he's been doing as oflate. Quote. Our draft proxy shows
I was awarded AMC stock in twentytwenty three, valued using SEC required methodology
at seventeen point nine million yesterday's closingshare price, it is actually worth one
point one point three four five millionso my compensation value presently was sixteen point
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five million dollars less. Yeah,that's about right. But you're not giving
all that money back, are you? Aaron? And the board said in
February that they would agree to cuthis compensation by twenty five percent this year
to appease shareholders. When you're makingtwenty five point four million and you only
give up maybe six million of thatand the stock price is one tenth of
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what it was two years ago becauseI bought some of that when they had
the mean fight. This is upto like fifty five dollars and I bought
it, like man, that wasdown to two eighty Yes in yes years.
Yes, and he's making more moneynow than then, and there are
less people going to theaters by andlarge. Yeah. I don't understand how
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this matrix works. And I seenow he was out front with the whole
movie theaters or back when the wholeAvatar thing was happening, I knew someone
was in cahoots with Cameron. TheCFO Sean Goodman had a package that totaled
six point seven million dollars, andthat's up from six point two to seven
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million in twenty twenty three. Thecompany is doing worse by every financial indicator,
except their compensation has grown exponentially forthem. See I'm almost turning into
Mark Runner. Now, this isjust ridiculous. You should be so lucky.
Just remember when somebody tells you thatthe cause of inflation is having to
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pay ee, look at this stuff. If you took five million from just
the CEO, I guess you couldprobably give workers. I'm just spitballing here.
Let's say twenty five thirty cent raisI'm just spitballing, okay, across
the board. Yeah, that's thedishonesty of it all. There is no
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more real debate on this subject exceptamong hacks and liars. And we can
go down the list looking at allthe CEOs and the ungodly amounts of money
in which they are making and atthe same time saying they can't afford their
word, afford to pay workers acertain wage. No, just tell the
truth. You refuse to, notthat you can't. You refuse to.
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And AMC is the perfect example.And you have the CEOs making twenty five
point four million dollars and they haveone person, one person work in the
concession stand. Walk into any AMCthey have one person on the register and
also walking very slowly to get yourpopcorn, to get your hot dogs,
and the line is back to theother side of the theater. So warm
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up those nuggets, ears under theirarmyth my nuggets alone, Get out of
my box of food. It's tryingto help. You're not messed up.
Hey, Ron, it's Later withMo Kelly I AM six forty. We're
live everywhere on the iHeartRadio app.Well done, Steven, well done.
You're listening to Later with Moe Kellyon demand from KFI AM six forty.
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In Disney News, you may rememberthat actress Gina Carano sued Disney back in
February, and she argued that Disneyunlawfully retaliated against her for expressing her personal
political views and in her mind,they were at odds with Disney's quote unquote
preferred ideology. Disney lawyers filed amotion Tuesday to throw out the lawsuit,
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and it argued that it has aFirst Amendment right to fire Gina Carano for
her offensive social media posts. Infact, they said quote a constitutional right
not to associate its artistic expression withCorano's speech. Close quote. This is
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a point of reference I will letyou know what she said. As part
of a number of posts that helpedget her fired, she wrote on social
media, quote because history is edited. Most people today don't realize that.
To get to the point where Nazisoldiers could easily round up thousands of Jews,
the government first made their own neighborshate them simply for being Jews.
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How is that any different from hatingsomeone for their political views? Close quote.
Now, I'm not going to getinto what I think is a ridiculous
comparison. They're not the same.I'm going to stay on the discussion of
why an employer has the right tofire and employ. Ye. I don't
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know the specifics of Gina Carano's contract, but I'm quite sure she had one
with Disney. She probably was notan at will employee. And if you
do have a contract, just aboutall of them have a clause in there
which says if you do X,Y or Z or something something something which
may bring infamy to the company orembarrass the company, grounds for termination and
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avoiding the contract. Is that arbitraryin nature? Yeah? Do you need
to necessarily be convicted of a crime, No, you can just be arrested.
I know of situations where people havebeen just arrested for drunk driving and
then they've been fired, not evenconvicted. You can just engage in behavior
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which is embarrassing and it shows upin the news, you can be fired.
It depends on the language and thecontract. And Disney, i'm quite
sure, is very confident that theyhave a right to hire and fire whoever
they see fit. The problem issome people think that because they agree with
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Gina Carano that that somehow changes theequation. It really doesn't matter or whether
you agree with the content of whatshe says one way or the other.
You can agree with her or disagreewith her. Ultimately, it comes down
to whether they wrongfully terminated Gina Carano. And short of seeing her actual contract,
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I'm pretty sure, I'm almost absolutelysure, honestly that Disney, and
that's true of anyone in their employDisney knows where they can and cannot fire
someone. And again, you haveto know who you're working for. There
are certain things that I can saybecause I'm working in the capacity of giving
my opinions, some of them political, some of them cultural, some of
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them are even racial in nature.But that's the nature of my job and
that's the understanding of the employment Ihave with KFI and iHeartMedia. That would
be different from someone who's working asan actor or an actress under the umbrella
of Disney. And generally they wanttheir talent to stay away from controversy.
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And I understand the argument. Willpeople say, well, what about Mark
Hamill? Mark Hamill is known tobe a hardcore Democrat who expresses his opinions
online on Instagram and on Twitter slashx. And this is how I would
respond respond to that. The simpleexpression of your opinions is that's not what
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necessarily gets you in trouble. Butwhen you start talking about the Holocaust,
you start talking about very, verycontroversial subjects within that political or social cultural
spectrum, then you are more likelythan not to say something which is going
to get you fired. And Ialways counsel young people in radio look at
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Keana, and I try to bea mentor to young people in this business.
And I always say, air onthe side of caution when in doubt,
do without, don't reach for theselofty analogy, don't reach for slavery,
don't reach for the Holocaust. Leavethat stuff alone and generally you'll be
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fine. What got Gina Carano introuble was reaching. She was trying to
make a political argument and use theHolocaust, and that never ends well for
just about anyone. It just doesn't. And Disney, from where I sit,
rightfully fire her. It's not thatshe spoke about politics. And that's
where people I think are fooled inwhat's actually happening here. No, she
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wasn't fired because she was a conservativeor she was right leaning, That wasn't
it. It's when you start engagingin speech which puts the employer in a
real bad position that you may losesponsors. That's when you get fired.
And that's what I think people needto understand more. Like, for example,
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Stephan let's say he wasn't working atCAFI, he's just driving for Uber.
Wann to use him as an example. If he's just a driving for
Uber, there're probably things that hecan stay on social media and it's not
going to make a damn bit ofdifference. He can talk about this,
he can talk about that, hecan talk about the other and he's not
even an employee for Uber, soUber is not necessarily gonna get involved and
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he can say whatever he wants.But the moment he gets on the mic
here at KFI and is a representativeof KFI and iHeartMedia. It's a brand
new ball game at that point,and there's certain things that he can say,
or there's behavior that he can engagehim even when he's not on the
clock, which could get him fired. And that's kind of the understanding that
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we have working here, Mark Ronner. If the bosses knew what he did
in his free time, his asswould be gone okay in a heartbeat.
Well, let's not pretend that there'sno difference between odious speech and non odious
speech. The reason Mark Hamill nevergets in trouble is because Jedis don't punch
down. Okay, well, butyou're trying to provide much more nuance here
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than is needed. Mark Hamill doesnot tread into the territory of controversial speech.
He most definitely gives his opinions andyou know where he stands, be
it politically or socio culturally, buthe is not engaging in controversial opinions.
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Well, there are a lot ofpeople who don't like what he has to
say, but he never different.He never says anything foul about people who's
not deserve it. He like Isaid, he doesn't punch down, and
we all know what that is.And you get the impression. Gina Carno,
this has got to be one ofthe worst cell phones in entertainment history.
For God's sake, she had herlife and her career lined up.
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She was set for life in StarWars. For God's sake, she made
a wonderful movie with Steven Soderberg calledHaywire. Great action. That's right.
It's not about that. She maynot be Meryl Streep in the acting department,
but she was great with action,and she she was. She had
a nice presence in Star Wars.Everybody loved her in the Mandalorian and then
she can't resist shooting off her mouthsaying just unbelievably stupid stuff. Was there
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nobody around her to say, hey, maybe you want to cool it.
You're really aising yourself out of thelife you want here. I think,
and I don't know this, butI think she fell into the trap of
believing that she had free speech asoutlined in the Constitution. And the Constitution
says that you will not be prosecuted. It does not mean that you won't
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be fired. Yeah, the government, the government won't destroy you by exercising
your free speech, but your employercan decide they don't want to be associated
with you if you're saying awful thingsthat they don't want to be associated with.
And taking it back to the story, that's exactly what Disney said.
Disney said, Disney has a constitutionalright not to associate its artistic expression with
Coronto's speech. Whether you like Disney, whether you hate Disney, whether you
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agree with their sentiment, they stillhave that right to not associate with Gina
Corano needed Disney. Disney didn't needGina Carano. iHeartMedia doesn't need mo Kelly.
Mo Kelly needs iHeartMedia. And ifI were to do something similar,
I would be gone tomorrow. Youreally want to think twice before you start
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hauling out Holocaust comparison. What Isay, leave that alone. There is
no upside to that, and everyonewho gets in trouble if you want to
go down the list like Roseanne orwhomever. When you start reaching for those
type of trying to make that analogousto something like the Holocaust, you're itching
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to get fired. You just haveto leave it alone because businesses you're then
toxic at that point and Gina Carano'stoxic unless you're Ben Shapiro. I think
she had plans to start some filmempire with him, and that, as
far as I know, that hasn'treally gone any place. Well, here's
the thing. Ben Shapiro owns hisown company, and he's his you know,
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he's his own boss, so hecan say whatever he wants. He's
not necessarily dependent upon anyone else.I don't know who his investors are.
Well, a bit more of aniche audience than Disney's. Well it may
be, but that's the whole point, you know. And Ben Shapiro is
not anybody's employee, so he hasa lot more I would say freedom if
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you will maneuverability as far as thesubjects that he may tackle. But Gina
Carrono does it. If you're gonnawork for Disney, you gotta know,
you know, that comes with theterritory. That's why I don't work at
ESPN, a Disney company. That'swhy I don't work at ABC because a
lot of opinions I have and haveexpressed on the radio would have gotten me
fired a long time ago. FromDisney. I couldn't even have had that
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oj conversation. We had tonight andwork for Disney. Really, Oh yeah,
I don't think so. I wouldnot. No, I think that
probably would have gotten me fired.Yeah I believe that. You big serious?
Okay, yeah, ok, We'realive everywhere on the iHeartRadio app.
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And I'm not someone who just likeseverything that's like a superhero movie. I'm
I'm not that guy. I'm reallynot, and I always try to make
the distinction. It's not that themovie industry or fandom they're tired of superhero
movies. They're tired of bad ones, and they're not always good. There's
some ones which are critically acclaimed thatI think are bad movies. And I've
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said this on more than one occasion. I did not like that Academy Award
winning movie Joker with Joaquin Phoenix.I did not like anything about it.
I'm glad you said that, becauseI felt like I was in the minority
for a long time. We stillmay be in the minority with that opinion,
but I'm saying I've had no problemsaying it. I've even said it
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to the executive producer and creator,Michael Uselin. Really, yes, he's
a friend of the show, andit's like I said, Mike, I've
just had to be honest. Iwasn't feeling this movie. Well, I
mean, he's not so much responsiblefor that is he has the rights to
all the Batman stuff, right,well, he has final say and sway
in anything which is even remotely connectedto Batman. H Yeah, I mean
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he had his hands in it,you know, and he couldn't tell us
anything about it. When he cameon to promote the Archie books, right
and he had that in the works, he was like, hey, I
think there's a really really big onecoming. We were excited. We went
in. Fork re porter was withus. Yes, we walked out of
there ready to fight Joaquin Phoenix.It was a terrible movie. I didn't
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understand it, and some people calledit like One Flool over the Cuckoo's Nest
esque, and I didn't. Ithought that was more of an insult to
One Fool over the Cuckoo's Nest,which was much smarter in nature. This
was just a crazy dude, notdiabolical, just mentally insane. Well,
it was an insult to Martin Scorsese. I mean, do you need to
be more obvious about the fact thatyou've enjoyed his movies when you essentially remake
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them, Yeah, with the jokerin it. Yeah. And the reason
I'm talking about this is because thefirst trailer has just dropped and I don't
speak French, so I can't evenpronounce it. But this joker f I
dony I do yeah homage Okay,and you know it. And I saw
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this like, I'm not even interested. I'm not and it will probably do.
And here's the thing. The moviewill probably do well on the strength
of its predecessor and the critical acclaimof its predecessor. But this is not
a movie that I would ever endorseanyone seeing. But see, here's the
bigger point. You're just talking aboutAMC and how AMC's stocks are falling in
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all of that, this is atrailer that dropped in conjunction with CinemaCon,
which is where all the theaters areout looking at all the films they are
supposed to be bringing people back in. And this is a trailer that got
everyone hyped like, oh, yes, the twenty twenty four is not going
to be a loss, And Idon't know, there aren't that many big
ticket items for twenty twenty four,and that's what people are not talking about.
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I didn't like Avatar two, butI can acknowledge it was a big
ticket item with huge expectations and itwas expected to draw more than a billion
dollars. This movie, I don'tthink is a joker too. Let's just
call it a joker too. It'sprobably not gonna grow some billion dollars.
There aren't any huge movie offerings outthere, with the exception of possibly Deadpool
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three. Well, and that wasthe whole point of CinemaCon and everyone that's
out in Vegas even now, Ibelieve they are so hype off of all
of the trails and all the promisethat's coming. Because Warner Brothers, which
has dropped the Joker fully blah blahblah, drop that trailer. They also
dropped the new trailer for Beetle Juice, which everyone's in a full trailer,
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not just the teaser. They're seeingfull long clips and they're like, Michael
Keaton is going to kill the summerwith this beat. I think that's one
of the hits of the summer.Yeah, I'm just talking about in terms
of box office, June is amassive hit, right. I don't know
if it's gonna make a billion dollars. It's not, it's not, it's
not. I'm just saying, sowhat we say hit there there are movies
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that are hits but aren't necessarily thebig money makers which drive the full industry
that keep movie theaters open, thatpeople will go to see seven days a
week, not just on a Fridayor Saturday night. Well, you buried
the lead on The Joker because it'sa musical. I mean it may not
be fully technically a musical. Theywere kind they were kind of a musical
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in the first one. Okay,Well, I mean the more dancing on
steps. The issue with the leastwith this billion dollar industry that was created
primarily by Disney and Marvel, yes, and Disney and and their products period,
is it caused movie theaters to overinvest, overspend, over overdo everything with
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its fansion and growth and all that, thinking, hey, we're gonna keep
this going. The new norm makingmore than half a billion dollars on the
film is a major major success,doing as a humongous success x Godzilla whatever.
That is a major major success.But major are gonna hit a billion
dollars? No, No, Butthat's the problem is that right now theaters
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have that expectation. It's like you'vegot to downplay those x you're forecasting all
that. You can't keep saying we'regonna do X, Y and Z.
You have to start bringing it backto reality and start letting everyone know,
like, hey, if we crossin totality of billion in ticket sales this
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year will be good, and letthat be the forecasting and adjust for that.
It can't just be we're gonna hita billion, because even Marvel with
Deadpool Wolverine, that's not gonna hita billion. It's just not. It's
not. Let me give you somemore specific numbers. Dune Part two,
Critical acclaim everybody loves it, YadAYadA, yadah, blah blah blah.
It has six hundred and sixty sevenmillion worldwide, and that is less than
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Doctor Strange Multiverse of Madness, whichwas a flop in Marvel's eyes. So
you have to you have to putit in the context of actual dollars,
the money which is being brought in. And those are the people who were
saying Marvel is over tired of superheromovies. The superhero movies are still doing
better than these bona fide hits.Air quotes like Dune and Cang the Godzilla.
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The numbers don't lie the number oneproducts being displayed in Cinema Con right
now, The things that got everyonehype are all superhero superhero adjacent or hohoror
that's it. That's all that anyoneis talking about from Cinema Con. That's
it. No one is talking aboutanything scor Sessi related. No one is
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like, man, they can't waitto see that. It's killing He's got
a Jesus this pick that he's doing. He really really is doing the Jesus
pic. It's either no more flowers, this is the this is you know,
Easter Sunday or something. I don'tknow what he's calling it, but
it's supposed to be a true lifestory of Jesus. And okay, let
me just run this down real quickbefore we go to break. For example,
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from Paramount Pictures, tell me ifany of these movies could potentially break
a billion dollars, the only onesthat did last year were Barbie and No.
Oppenheimer didn't get a billion. Hewas the Brothers Mario Brothers. Oh
god, Yeah, but that thatwas Sony, wasn't it. No,
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But I'm saying the only phill itis. It is a rarety outside of
the superhero genre. Tell me ifany of these movies, and I'm getting
ready to list have any chance ofgetting anywhere close to a billion if a
quiet place, if movie a quietplace, Day one, Transformers one,
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animated film, No, Soed theHedgehog three quite possibly. The first one
did exceptionally good, but usually it'slaw of diminishing returns by the time.
That's true. That is true.You know you don't usually go up Gladiator
too Hell no, No, nota chance. Animated Teenage Mutant, Ninja,
Turtles a sequel, No, AnimatedAvatar The Last Airbender. No,
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because it's yeah, people are pissedoff at the end. Live action guitar
Mission Impossible. Eight Yes, sevendidn't even get seven too? Well,
yeah, you're right. Seven Idon't think did a half a billion.
No, it did just about underokay, so it's not trending in that
direction. So there's no real reasonto expect any of these movies to do
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Gangbusters, Wicked, Wicked come maybemaybe, and then come Fu Panda four
because dream Works they keep they keep. Four is not gonna make a billion
dollars. I don't think so let'slook up real quick, hung and you
can already rented on like streaming.That's right. Oh, it's already gone.
Yeah, it came out ten minutesago. Yeah. Oh I thought
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it was telling man, Oh myman. Yeah, Kung Fu Panda four
is not even a half a billion, it's four hundred and nineteen million,
and that was a big hit.That's what I'm saying people wrongly. You
know, they ascribe the title ofhit, and it's relative to non superhero
movies. He has a hit formovies under half a billion, but it's
not hit in terms of Marvel DisneyWorld. No, not at all true.
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You're listening to Later with Moe Kellyon demand from KFI AM six forty
and before we get out of here, uh, Mark, I was talking
about how there weren't any big ticketmovie items for people to really hang their
hat on in terms of the businessthe industry, the ones that are gonna
get butts in seats across the wholeweek, Movies that people will go back
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to see two and three times.When you talk about the Marvel successes,
those movies had success in which youwould see them multiple times in theaters.
I would see them multiple times intheaters, and they stayed in theaters longer
in nature. I just think it'sso unfair and dishonest and disingenuous when you
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say, well, Marvel movies,you know, people are tired of superhero
movies. Okay, even Quantum Maniadrew four hundred and fifty million. Did
it fail to meet expectations, Yes, but those are Marvel expectations. Those
are not general movie expectations. Andyou know, if you take the biggest
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non Marvel movies outside of Barbie andOppenheimer, none of them outperformed Marvel movies,
none of them. No, AndQuantum Mania wasn't by any stretch one
of my favorite ones, but itwould. It still made a healthy profit,
as you pointed out. But Marvelhas a track record for really doing
much better than you would expect forinherently silly material, and we forget how
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definitely they've handled that. I walkedout of The Winner Soldier whatever year that
came out, I wanted to goright back in and watch it again,
Ki immediately. Yeah, and that'sprobably for me. That's the best one.
It's very good, and they dothese so smartly. We take it
for granted at this point, well, you got to think with what they're
doing with the MCU, and nowthat Iger is back in charge and he
(29:30):
has a new litmus test for theirfilms, there's a reason we're only really
getting two i'd say one and ahalf and a half yea, because the
Spider Man movie that's coming out thisyear, it's an animated property. We
are getting a fourth Spider Man film, which they've just announced, but we
are getting there's an animated one comingout towards the end of the year,
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sell toys, whatever, But we'reonly getting dead pull over because they're like,
you know what, we need moreWinter Soldiers. And remember when you
talk about the global box office,in the box office in totality for a
given year, when it was atits best before the pre before the pandemic,
you had three or four well performingMarvel movies. You don't have that.
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To your point twelve, there's onlygoing to be one potentially Marvel movie
at all, and we expect itto be well performed. But you don't
have three or four. They wouldhave one like every three or four months,
which would come out. The totalnumber of movies is down. The
number of Marvel movies is down.As far as just availability in theaters,
they're not staying in theaters as longas in previous years. So when you
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read that, yes we expect twentytwenty five and twenty twenty six to be
you know, gamebusters and everything.I don't think you're telling a truthful story.
You're not telling the full story.Movies used to stay in theaters for
months at a time if they weresuccessful, and even the ones that weren't,
they'd be in a theater for awhole summer. Now it's a week,
two weeks. The turnaround time isreally really fast. And we're also
(30:59):
talking about expense of movies too.They don't make mid budget movies very much
anymore. All these marvel ones costa mint to make. Roadhouse that would
have been in the movies movie theatersfive years ago. Dune would have stayed
in theaters for at least two months. And it's already coming up to streaming
already, yeah, already, Yeah, it is where you can nap in
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the middle. This is good.That's how I'm finally going to see it.
But not only that. In additionto that, since you know that
it's coming to streaming in a month, there's no urgency for me to go
see it in the theater. That'sexactly right. There's a movie I've been
waiting to see for a long timecalled Late Night with the Devil. It's
been in limited release and it's exactlymy kind. I just saw the preview
for that. It looks so good. It's in limited release, but it's
(31:45):
gonna be on shutter next week.Why on earth would I go to a
movie theater if I can just waita week and see it at home a
whole week. Yeah, well,we'll see tomorrow. We'll talk more about
movies. Name that movie called Classic. We have some later with mo Kelly
t. Sher to give away.We'll see you tomorrow. Stay safe,
be nice to everybody, except forthe trolls on social media. K if
(32:06):
I am six forty. We're liveeverywhere the iHeartRadio app. No access to
grind here. What do you thinkwe are? Lumberjacks? How do you
even grind? An acts anyway?K f I k O S T HD
two, Los Angeles, Orange Countyloves Everywhere on the Heart Radio app.
You're listening to Later with Moe Kellyon demand from KFI AM six forty.
There's been a lot of discussion aboutAMC, specifically in the past week.
Their stock price has tanked and AMCCEO and this is all around the time
of CinemaCon, So you have allthese movie theater owners coming together wondering about
(00:23):
the state of the industry. Andthere was a conversation we had where basically
they were lying saying, oh,things are looking up, it'll get better
in twenty twenty five and twenty twentysix, we were saying, oh,
no, that the indicator suggests theexact opposite. But then you add this
to it. The AMC CEO hashad to try to defend his compensation.
(00:48):
Adam Aaron. Remember now can lookup AMC stock price real quick because I
know it's in the toilet. AdamAaron received twenty five point four million dollars
in compensation last year. That's upfrom twenty three point seven million in twenty
twenty two, and that's up fromthe eighteen point nine million he made in
(01:12):
twenty twenty one. So for thepast two three years he has had increasing
salary compensation. Their stock right nowis two dollars and eighty cents. Two
dollars and eighty cents down from andtell me, yeah, and tell me
for the past year. You shouldprobably say for year to date. Give
(01:34):
me one second. I'm going totry to read this. Oh my gosh,
I don't know how to read stockprices. Okay, time to buy?
Yes? No, what'll wait?I don't understand any gosh Okay.
(01:55):
AMC stock price is two dollars andeight eighty cents right now, year to
date, down from what three pointNo, No, it's not. This
is just down another three point thirtyone, down from fifty four point seventeen.
It's it's down. No, it'sdown fifty four percent since the beginning
(02:15):
the year. It's been hovering aroundsix dollars at the beginning of the year.
Now it's down to two dollars ineighty seven. So that's minus three
point thirty one, right, yes, which is more than fifty four percent
of the stock price, which isa point. Gotcha, they've lost.
The valuation of the company has beencut in half just this calendar year,
(02:36):
and yet his compensation has been goingup the past three years. This includes
Adam Aaron's base salary of one pointfive million. His base salary is one
point five million, Okay, that'shis base salary, and yet he has
stock awards. This is why it'sreally important. Stock awards are seventeen point
(02:59):
nine million off of declining stock,which is basically on the floor at this
point, and a non equity incentiveplanned compensation of six million. So eighteen
million in stock, six million inincentive plan compensation. I'm trying to think,
like, what incentive marker did hehit? I mean, what did
(03:19):
nuggets? He delivered those vegan nuggets, not on time, it took him
in twenty five minutes, but hegot twenty five point four million for a
failing company. And I would sayhas been lying to not only shareholders but
the general public about the prospectus forthe future of not only the company but
the industry. Quote and this iswhat the AMCCO was trying to say to
(03:45):
justify what he's been doing as oflate. Quote. Our draft proxy shows
I was awarded AMC stock in twentytwenty three, valued using SEC required methodology
at seventeen point nine million yesterday's closingshare price, it is actually worth one
point one point three four five millionso my compensation value presently was sixteen point
(04:12):
five million dollars less. Yeah,that's about right. But you're not giving
all that money back, are you? Aaron? And the board said in
February that they would agree to cuthis compensation by twenty five percent this year
to appease shareholders. When you're makingtwenty five point four million and you only
give up maybe six million of thatand the stock price is one tenth of
(04:32):
what it was two years ago becauseI bought some of that when they had
the mean fight. This is upto like fifty five dollars and I bought
it, like man, that wasdown to two eighty Yes in yes years.
Yes, and he's making more moneynow than then, and there are
less people going to theaters by andlarge. Yeah. I don't understand how
(04:56):
this matrix works. And I seenow he was out front with the whole
movie theaters or back when the wholeAvatar thing was happening, I knew someone
was in cahoots with Cameron. TheCFO Sean Goodman had a package that totaled
six point seven million dollars, andthat's up from six point two to seven
(05:17):
million in twenty twenty three. Thecompany is doing worse by every financial indicator,
except their compensation has grown exponentially forthem. See I'm almost turning into
Mark Runner. Now, this isjust ridiculous. You should be so lucky.
Just remember when somebody tells you thatthe cause of inflation is having to
(05:39):
pay ee, look at this stuff. If you took five million from just
the CEO, I guess you couldprobably give workers. I'm just spitballing here.
Let's say twenty five thirty cent raisI'm just spitballing, okay, across
the board. Yeah, that's thedishonesty of it all. There is no
(06:00):
more real debate on this subject exceptamong hacks and liars. And we can
go down the list looking at allthe CEOs and the ungodly amounts of money
in which they are making and atthe same time saying they can't afford their
word, afford to pay workers acertain wage. No, just tell the
truth. You refuse to, notthat you can't. You refuse to.
(06:24):
And AMC is the perfect example.And you have the CEOs making twenty five
point four million dollars and they haveone person, one person work in the
concession stand. Walk into any AMCthey have one person on the register and
also walking very slowly to get yourpopcorn, to get your hot dogs,
and the line is back to theother side of the theater. So warm
(06:45):
up those nuggets, ears under theirarmyth my nuggets alone, Get out of
my box of food. It's tryingto help. You're not messed up.
Hey, Ron, it's Later withMo Kelly I AM six forty. We're
live everywhere on the iHeartRadio app.Well done, Steven, well done.
You're listening to Later with Moe Kellyon demand from KFI AM six forty.
(07:12):
In Disney News, you may rememberthat actress Gina Carano sued Disney back in
February, and she argued that Disneyunlawfully retaliated against her for expressing her personal
political views and in her mind,they were at odds with Disney's quote unquote
preferred ideology. Disney lawyers filed amotion Tuesday to throw out the lawsuit,
(07:40):
and it argued that it has aFirst Amendment right to fire Gina Carano for
her offensive social media posts. Infact, they said quote a constitutional right
not to associate its artistic expression withCorano's speech. Close quote. This is
(08:00):
a point of reference I will letyou know what she said. As part
of a number of posts that helpedget her fired, she wrote on social
media, quote because history is edited. Most people today don't realize that.
To get to the point where Nazisoldiers could easily round up thousands of Jews,
the government first made their own neighborshate them simply for being Jews.
(08:24):
How is that any different from hatingsomeone for their political views? Close quote.
Now, I'm not going to getinto what I think is a ridiculous
comparison. They're not the same.I'm going to stay on the discussion of
why an employer has the right tofire and employ. Ye. I don't
(08:48):
know the specifics of Gina Carano's contract, but I'm quite sure she had one
with Disney. She probably was notan at will employee. And if you
do have a contract, just aboutall of them have a clause in there
which says if you do X,Y or Z or something something something which
may bring infamy to the company orembarrass the company, grounds for termination and
(09:13):
avoiding the contract. Is that arbitraryin nature? Yeah? Do you need
to necessarily be convicted of a crime, No, you can just be arrested.
I know of situations where people havebeen just arrested for drunk driving and
then they've been fired, not evenconvicted. You can just engage in behavior
(09:33):
which is embarrassing and it shows upin the news, you can be fired.
It depends on the language and thecontract. And Disney, i'm quite
sure, is very confident that theyhave a right to hire and fire whoever
they see fit. The problem issome people think that because they agree with
(09:54):
Gina Carano that that somehow changes theequation. It really doesn't matter or whether
you agree with the content of whatshe says one way or the other.
You can agree with her or disagreewith her. Ultimately, it comes down
to whether they wrongfully terminated Gina Carano. And short of seeing her actual contract,
(10:16):
I'm pretty sure, I'm almost absolutelysure, honestly that Disney, and
that's true of anyone in their employDisney knows where they can and cannot fire
someone. And again, you haveto know who you're working for. There
are certain things that I can saybecause I'm working in the capacity of giving
my opinions, some of them political, some of them cultural, some of
(10:39):
them are even racial in nature.But that's the nature of my job and
that's the understanding of the employment Ihave with KFI and iHeartMedia. That would
be different from someone who's working asan actor or an actress under the umbrella
of Disney. And generally they wanttheir talent to stay away from controversy.
(11:01):
And I understand the argument. Willpeople say, well, what about Mark
Hamill? Mark Hamill is known tobe a hardcore Democrat who expresses his opinions
online on Instagram and on Twitter slashx. And this is how I would
respond respond to that. The simpleexpression of your opinions is that's not what
(11:24):
necessarily gets you in trouble. Butwhen you start talking about the Holocaust,
you start talking about very, verycontroversial subjects within that political or social cultural
spectrum, then you are more likelythan not to say something which is going
to get you fired. And Ialways counsel young people in radio look at
(11:46):
Keana, and I try to bea mentor to young people in this business.
And I always say, air onthe side of caution when in doubt,
do without, don't reach for theselofty analogy, don't reach for slavery,
don't reach for the Holocaust. Leavethat stuff alone and generally you'll be
(12:07):
fine. What got Gina Carano introuble was reaching. She was trying to
make a political argument and use theHolocaust, and that never ends well for
just about anyone. It just doesn't. And Disney, from where I sit,
rightfully fire her. It's not thatshe spoke about politics. And that's
where people I think are fooled inwhat's actually happening here. No, she
(12:31):
wasn't fired because she was a conservativeor she was right leaning, That wasn't
it. It's when you start engagingin speech which puts the employer in a
real bad position that you may losesponsors. That's when you get fired.
And that's what I think people needto understand more. Like, for example,
(12:52):
Stephan let's say he wasn't working atCAFI, he's just driving for Uber.
Wann to use him as an example. If he's just a driving for
Uber, there're probably things that hecan stay on social media and it's not
going to make a damn bit ofdifference. He can talk about this,
he can talk about that, hecan talk about the other and he's not
even an employee for Uber, soUber is not necessarily gonna get involved and
(13:13):
he can say whatever he wants.But the moment he gets on the mic
here at KFI and is a representativeof KFI and iHeartMedia. It's a brand
new ball game at that point,and there's certain things that he can say,
or there's behavior that he can engagehim even when he's not on the
clock, which could get him fired. And that's kind of the understanding that
(13:35):
we have working here, Mark Ronner. If the bosses knew what he did
in his free time, his asswould be gone okay in a heartbeat.
Well, let's not pretend that there'sno difference between odious speech and non odious
speech. The reason Mark Hamill nevergets in trouble is because Jedis don't punch
down. Okay, well, butyou're trying to provide much more nuance here
(13:58):
than is needed. Mark Hamill doesnot tread into the territory of controversial speech.
He most definitely gives his opinions andyou know where he stands, be
it politically or socio culturally, buthe is not engaging in controversial opinions.
(14:18):
Well, there are a lot ofpeople who don't like what he has to
say, but he never different.He never says anything foul about people who's
not deserve it. He like Isaid, he doesn't punch down, and
we all know what that is.And you get the impression. Gina Carno,
this has got to be one ofthe worst cell phones in entertainment history.
For God's sake, she had herlife and her career lined up.
(14:39):
She was set for life in StarWars. For God's sake, she made
a wonderful movie with Steven Soderberg calledHaywire. Great action. That's right.
It's not about that. She maynot be Meryl Streep in the acting department,
but she was great with action,and she she was. She had
a nice presence in Star Wars.Everybody loved her in the Mandalorian and then
she can't resist shooting off her mouthsaying just unbelievably stupid stuff. Was there
(15:03):
nobody around her to say, hey, maybe you want to cool it.
You're really aising yourself out of thelife you want here. I think,
and I don't know this, butI think she fell into the trap of
believing that she had free speech asoutlined in the Constitution. And the Constitution
says that you will not be prosecuted. It does not mean that you won't
(15:26):
be fired. Yeah, the government, the government won't destroy you by exercising
your free speech, but your employercan decide they don't want to be associated
with you if you're saying awful thingsthat they don't want to be associated with.
And taking it back to the story, that's exactly what Disney said.
Disney said, Disney has a constitutionalright not to associate its artistic expression with
Coronto's speech. Whether you like Disney, whether you hate Disney, whether you
(15:50):
agree with their sentiment, they stillhave that right to not associate with Gina
Corano needed Disney. Disney didn't needGina Carano. iHeartMedia doesn't need mo Kelly.
Mo Kelly needs iHeartMedia. And ifI were to do something similar,
I would be gone tomorrow. Youreally want to think twice before you start
(16:11):
hauling out Holocaust comparison. What Isay, leave that alone. There is
no upside to that, and everyonewho gets in trouble if you want to
go down the list like Roseanne orwhomever. When you start reaching for those
type of trying to make that analogousto something like the Holocaust, you're itching
(16:33):
to get fired. You just haveto leave it alone because businesses you're then
toxic at that point and Gina Carano'stoxic unless you're Ben Shapiro. I think
she had plans to start some filmempire with him, and that, as
far as I know, that hasn'treally gone any place. Well, here's
the thing. Ben Shapiro owns hisown company, and he's his you know,
(16:53):
he's his own boss, so hecan say whatever he wants. He's
not necessarily dependent upon anyone else.I don't know who his investors are.
Well, a bit more of aniche audience than Disney's. Well it may
be, but that's the whole point, you know. And Ben Shapiro is
not anybody's employee, so he hasa lot more I would say freedom if
(17:14):
you will maneuverability as far as thesubjects that he may tackle. But Gina
Carrono does it. If you're gonnawork for Disney, you gotta know,
you know, that comes with theterritory. That's why I don't work at
ESPN, a Disney company. That'swhy I don't work at ABC because a
lot of opinions I have and haveexpressed on the radio would have gotten me
fired a long time ago. FromDisney. I couldn't even have had that
(17:37):
oj conversation. We had tonight andwork for Disney. Really, Oh yeah,
I don't think so. I wouldnot. No, I think that
probably would have gotten me fired.Yeah I believe that. You big serious?
Okay, yeah, ok, We'realive everywhere on the iHeartRadio app.
(18:03):
And I'm not someone who just likeseverything that's like a superhero movie. I'm
I'm not that guy. I'm reallynot, and I always try to make
the distinction. It's not that themovie industry or fandom they're tired of superhero
movies. They're tired of bad ones, and they're not always good. There's
some ones which are critically acclaimed thatI think are bad movies. And I've
(18:27):
said this on more than one occasion. I did not like that Academy Award
winning movie Joker with Joaquin Phoenix.I did not like anything about it.
I'm glad you said that, becauseI felt like I was in the minority
for a long time. We stillmay be in the minority with that opinion,
but I'm saying I've had no problemsaying it. I've even said it
(18:48):
to the executive producer and creator,Michael Uselin. Really, yes, he's
a friend of the show, andit's like I said, Mike, I've
just had to be honest. Iwasn't feeling this movie. Well, I
mean, he's not so much responsiblefor that is he has the rights to
all the Batman stuff, right,well, he has final say and sway
in anything which is even remotely connectedto Batman. H Yeah, I mean
(19:08):
he had his hands in it,you know, and he couldn't tell us
anything about it. When he cameon to promote the Archie books, right
and he had that in the works, he was like, hey, I
think there's a really really big onecoming. We were excited. We went
in. Fork re porter was withus. Yes, we walked out of
there ready to fight Joaquin Phoenix.It was a terrible movie. I didn't
(19:30):
understand it, and some people calledit like One Flool over the Cuckoo's Nest
esque, and I didn't. Ithought that was more of an insult to
One Fool over the Cuckoo's Nest,which was much smarter in nature. This
was just a crazy dude, notdiabolical, just mentally insane. Well,
it was an insult to Martin Scorsese. I mean, do you need to
be more obvious about the fact thatyou've enjoyed his movies when you essentially remake
(19:53):
them, Yeah, with the jokerin it. Yeah. And the reason
I'm talking about this is because thefirst trailer has just dropped and I don't
speak French, so I can't evenpronounce it. But this joker f I
dony I do yeah homage Okay,and you know it. And I saw
(20:14):
this like, I'm not even interested. I'm not and it will probably do.
And here's the thing. The moviewill probably do well on the strength
of its predecessor and the critical acclaimof its predecessor. But this is not
a movie that I would ever endorseanyone seeing. But see, here's the
bigger point. You're just talking aboutAMC and how AMC's stocks are falling in
(20:38):
all of that, this is atrailer that dropped in conjunction with CinemaCon,
which is where all the theaters areout looking at all the films they are
supposed to be bringing people back in. And this is a trailer that got
everyone hyped like, oh, yes, the twenty twenty four is not going
to be a loss, And Idon't know, there aren't that many big
ticket items for twenty twenty four,and that's what people are not talking about.
(21:03):
I didn't like Avatar two, butI can acknowledge it was a big
ticket item with huge expectations and itwas expected to draw more than a billion
dollars. This movie, I don'tthink is a joker too. Let's just
call it a joker too. It'sprobably not gonna grow some billion dollars.
There aren't any huge movie offerings outthere, with the exception of possibly Deadpool
(21:25):
three. Well, and that wasthe whole point of CinemaCon and everyone that's
out in Vegas even now, Ibelieve they are so hype off of all
of the trails and all the promisethat's coming. Because Warner Brothers, which
has dropped the Joker fully blah blahblah, drop that trailer. They also
dropped the new trailer for Beetle Juice, which everyone's in a full trailer,
(21:45):
not just the teaser. They're seeingfull long clips and they're like, Michael
Keaton is going to kill the summerwith this beat. I think that's one
of the hits of the summer.Yeah, I'm just talking about in terms
of box office, June is amassive hit, right. I don't know
if it's gonna make a billion dollars. It's not, it's not, it's
not. I'm just saying, sowhat we say hit there there are movies
(22:10):
that are hits but aren't necessarily thebig money makers which drive the full industry
that keep movie theaters open, thatpeople will go to see seven days a
week, not just on a Fridayor Saturday night. Well, you buried
the lead on The Joker because it'sa musical. I mean it may not
be fully technically a musical. Theywere kind they were kind of a musical
(22:33):
in the first one. Okay,Well, I mean the more dancing on
steps. The issue with the leastwith this billion dollar industry that was created
primarily by Disney and Marvel, yes, and Disney and and their products period,
is it caused movie theaters to overinvest, overspend, over overdo everything with
(22:59):
its fansion and growth and all that, thinking, hey, we're gonna keep
this going. The new norm makingmore than half a billion dollars on the
film is a major major success,doing as a humongous success x Godzilla whatever.
That is a major major success.But major are gonna hit a billion
dollars? No, No, Butthat's the problem is that right now theaters
(23:22):
have that expectation. It's like you'vegot to downplay those x you're forecasting all
that. You can't keep saying we'regonna do X, Y and Z.
You have to start bringing it backto reality and start letting everyone know,
like, hey, if we crossin totality of billion in ticket sales this
(23:44):
year will be good, and letthat be the forecasting and adjust for that.
It can't just be we're gonna hita billion, because even Marvel with
Deadpool Wolverine, that's not gonna hita billion. It's just not. It's
not. Let me give you somemore specific numbers. Dune Part two,
Critical acclaim everybody loves it, YadAYadA, yadah, blah blah blah.
It has six hundred and sixty sevenmillion worldwide, and that is less than
(24:10):
Doctor Strange Multiverse of Madness, whichwas a flop in Marvel's eyes. So
you have to you have to putit in the context of actual dollars,
the money which is being brought in. And those are the people who were
saying Marvel is over tired of superheromovies. The superhero movies are still doing
better than these bona fide hits.Air quotes like Dune and Cang the Godzilla.
(24:34):
The numbers don't lie the number oneproducts being displayed in Cinema Con right
now, The things that got everyonehype are all superhero superhero adjacent or hohoror
that's it. That's all that anyoneis talking about from Cinema Con. That's
it. No one is talking aboutanything scor Sessi related. No one is
(24:55):
like, man, they can't waitto see that. It's killing He's got
a Jesus this pick that he's doing. He really really is doing the Jesus
pic. It's either no more flowers, this is the this is you know,
Easter Sunday or something. I don'tknow what he's calling it, but
it's supposed to be a true lifestory of Jesus. And okay, let
me just run this down real quickbefore we go to break. For example,
(25:17):
from Paramount Pictures, tell me ifany of these movies could potentially break
a billion dollars, the only onesthat did last year were Barbie and No.
Oppenheimer didn't get a billion. Hewas the Brothers Mario Brothers. Oh
god, Yeah, but that thatwas Sony, wasn't it. No,
(25:38):
But I'm saying the only phill itis. It is a rarety outside of
the superhero genre. Tell me ifany of these movies, and I'm getting
ready to list have any chance ofgetting anywhere close to a billion if a
quiet place, if movie a quietplace, Day one, Transformers one,
(26:00):
animated film, No, Soed theHedgehog three quite possibly. The first one
did exceptionally good, but usually it'slaw of diminishing returns by the time.
That's true. That is true.You know you don't usually go up Gladiator
too Hell no, No, nota chance. Animated Teenage Mutant, Ninja,
Turtles a sequel, No, AnimatedAvatar The Last Airbender. No,
(26:23):
because it's yeah, people are pissedoff at the end. Live action guitar
Mission Impossible. Eight Yes, sevendidn't even get seven too? Well,
yeah, you're right. Seven Idon't think did a half a billion.
No, it did just about underokay, so it's not trending in that
direction. So there's no real reasonto expect any of these movies to do
(26:48):
Gangbusters, Wicked, Wicked come maybemaybe, and then come Fu Panda four
because dream Works they keep they keep. Four is not gonna make a billion
dollars. I don't think so let'slook up real quick, hung and you
can already rented on like streaming.That's right. Oh, it's already gone.
Yeah, it came out ten minutesago. Yeah. Oh I thought
(27:11):
it was telling man, Oh myman. Yeah, Kung Fu Panda four
is not even a half a billion, it's four hundred and nineteen million,
and that was a big hit.That's what I'm saying people wrongly. You
know, they ascribe the title ofhit, and it's relative to non superhero
movies. He has a hit formovies under half a billion, but it's
not hit in terms of Marvel DisneyWorld. No, not at all true.
(27:33):
You're listening to Later with Moe Kellyon demand from KFI AM six forty
and before we get out of here, uh, Mark, I was talking
about how there weren't any big ticketmovie items for people to really hang their
hat on in terms of the businessthe industry, the ones that are gonna
get butts in seats across the wholeweek, Movies that people will go back
(27:59):
to see two and three times.When you talk about the Marvel successes,
those movies had success in which youwould see them multiple times in theaters.
I would see them multiple times intheaters, and they stayed in theaters longer
in nature. I just think it'sso unfair and dishonest and disingenuous when you
(28:21):
say, well, Marvel movies,you know, people are tired of superhero
movies. Okay, even Quantum Maniadrew four hundred and fifty million. Did
it fail to meet expectations, Yes, but those are Marvel expectations. Those
are not general movie expectations. Andyou know, if you take the biggest
(28:42):
non Marvel movies outside of Barbie andOppenheimer, none of them outperformed Marvel movies,
none of them. No, AndQuantum Mania wasn't by any stretch one
of my favorite ones, but itwould. It still made a healthy profit,
as you pointed out. But Marvelhas a track record for really doing
much better than you would expect forinherently silly material, and we forget how
(29:07):
definitely they've handled that. I walkedout of The Winner Soldier whatever year that
came out, I wanted to goright back in and watch it again,
Ki immediately. Yeah, and that'sprobably for me. That's the best one.
It's very good, and they dothese so smartly. We take it
for granted at this point, well, you got to think with what they're
doing with the MCU, and nowthat Iger is back in charge and he
(29:30):
has a new litmus test for theirfilms, there's a reason we're only really
getting two i'd say one and ahalf and a half yea, because the
Spider Man movie that's coming out thisyear, it's an animated property. We
are getting a fourth Spider Man film, which they've just announced, but we
are getting there's an animated one comingout towards the end of the year,
(29:51):
sell toys, whatever, But we'reonly getting dead pull over because they're like,
you know what, we need moreWinter Soldiers. And remember when you
talk about the global box office,in the box office in totality for a
given year, when it was atits best before the pre before the pandemic,
you had three or four well performingMarvel movies. You don't have that.
(30:14):
To your point twelve, there's onlygoing to be one potentially Marvel movie
at all, and we expect itto be well performed. But you don't
have three or four. They wouldhave one like every three or four months,
which would come out. The totalnumber of movies is down. The
number of Marvel movies is down.As far as just availability in theaters,
they're not staying in theaters as longas in previous years. So when you
(30:37):
read that, yes we expect twentytwenty five and twenty twenty six to be
you know, gamebusters and everything.I don't think you're telling a truthful story.
You're not telling the full story.Movies used to stay in theaters for
months at a time if they weresuccessful, and even the ones that weren't,
they'd be in a theater for awhole summer. Now it's a week,
two weeks. The turnaround time isreally really fast. And we're also
(30:59):
talking about expense of movies too.They don't make mid budget movies very much
anymore. All these marvel ones costa mint to make. Roadhouse that would
have been in the movies movie theatersfive years ago. Dune would have stayed
in theaters for at least two months. And it's already coming up to streaming
already, yeah, already, Yeah, it is where you can nap in
(31:22):
the middle. This is good.That's how I'm finally going to see it.
But not only that. In additionto that, since you know that
it's coming to streaming in a month, there's no urgency for me to go
see it in the theater. That'sexactly right. There's a movie I've been
waiting to see for a long timecalled Late Night with the Devil. It's
been in limited release and it's exactlymy kind. I just saw the preview
for that. It looks so good. It's in limited release, but it's
(31:45):
gonna be on shutter next week.Why on earth would I go to a
movie theater if I can just waita week and see it at home a
whole week. Yeah, well,we'll see tomorrow. We'll talk more about
movies. Name that movie called Classic. We have some later with mo Kelly
t. Sher to give away.We'll see you tomorrow. Stay safe,
be nice to everybody, except forthe trolls on social media. K if
(32:06):
I am six forty. We're liveeverywhere the iHeartRadio app. No access to
grind here. What do you thinkwe are? Lumberjacks? How do you
even grind? An acts anyway?K f I k O S T HD
two, Los Angeles, Orange Countyloves Everywhere on the Heart Radio app.
Later, with Mo'Kelly News
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