November 28, 2024 • 31 mins
ICYMI: Hour Two of ‘Later, with Mo’Kelly’ Presents – Thoughts on fans of the ‘Wicked’ film committing acts of piracy by filming and posting their favorite scenes on social media AND why Disney agreed to a $43.3 million settlement to resolve “an alleged gender pay discrimination lawsuit” … PLUS – A look at singer Justin Bieber’s alleged financial struggles and why they may force him to return to touring - on KFI AM 640…Live everywhere on the iHeartRadio app
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Transcript
Episode Transcript
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Speaker 1 (00:00):
You're listening to Later with Moe Kelly on demand from
KFI AM six forty.
Speaker 2 (00:06):
And we've been talking about Wicked. We've talked about it
from the live show standpoint. I had seen that, Tawala
talked about it from the cinematic experience. He's seen that,
and then we both came across this story that I
got strong feelings about this one. People are going to
see Wicked in the theater and they seemingly can't resist
(00:31):
the urge to use their phone to record key portions
of Wicked and posting it online.
Speaker 3 (00:43):
You heard that right.
Speaker 2 (00:44):
In fact, the full four minute conclusion to the first
part of Wicked is currently floating around social media on
x and TikTok. You're probably wondering, is that legal? No,
it's not legal, but they're not chasing after the people
who are doing it. And for me, it's less about
whether it's legal. It's about whether it's legal for me
(01:07):
to kick you in the head for doing that in
the middle of the movie. Imagine that you're sitting in
a theater and you know, I don't like the obtrusiveness
of people around me. Okay, put your phone away. I
don't want to see the light of your phone. I
don't want to see you texting. I don't want to
hear you texting. I don't want to hear you on
the phone. Now, imagine that you're holding your phone up
(01:29):
high enough to get the screen and not get people's
heads in your shot that you plan to put online.
And it's a musical, so you want to make sure
that you're getting as much music as possible.
Speaker 3 (01:45):
I'm sitting the row behind you.
Speaker 2 (01:47):
Hypothetically, I'm going to do everything in my power to
ruin your video. I'm going to be talking, I'm going
to be yelling. I'm going to shake the back of
your chair so your phone is unsteady. If you have
the dirty nerve to put your phone up with the
light on and everything so you can record a piece
of the movie while the movie's going on, yes, you're
(02:09):
going straight to hell and I'm going to kick you
in the head.
Speaker 3 (02:11):
Shame on you.
Speaker 2 (02:13):
But that's why I don't want to go to the
movies all the time, because people don't know how to act.
The story is how people they're looking at this through
the lens. Don't pun intended of it being a piracy issue?
Speaker 3 (02:25):
Yes it is.
Speaker 2 (02:26):
You don't get to go to movie theaters and take
part of it and put it up online for everyone
to see. Now, some people were concerned with the fact
that they're giving away the conclusion of the movie. Well,
I've already seen it, you know, I've seen the stage
show and twala, you said it ends right where the
first act ends. Okay, so you're not ruining anything for
(02:47):
me as someone who's seen the live show the musical,
but you're definitely ruining it, ruining it for people who
are physically in the theater at that time watching it.
You see all these cameras going up around you like
you had some sort of concert or something.
Speaker 4 (03:04):
And it's such an important part of the movie because
anyone who was seeing the stage. Yes, when you see
this scene in the movie and you hear how they
interpreted it the film version of that, it plays out
differently and it can come across as a major spoiler
(03:25):
for anyone who hasn't seen it. And I get it.
These are young people in there, these are super fans
or whatever. And the thing about it, it's not just Wicked,
is just that Wicked is one of or the film
company behind Wicked is one of the first to say
we don't care. Post away, get it out there, get
the word out there. It's marketing for them, Yeah, for them,
Because this was happening with Deadpool, Wolverine, this has been
(03:48):
happening with there was one horror film that just came
out recently where people were posting a super cut scene
of all the smile, of all the different smiles in
the film, or all the death. So it's just like,
this seems to happening, and what is what world are
we in right now where people are okay coming into
theaters with your phones to ruin the experience for everyone
(04:08):
else just so you can grab those views.
Speaker 2 (04:10):
Yeah, I'm I don't know if I'm more angry or
upset at the people doing it or social media for
allowing it. I think that there is some responsibility for
these social media platforms because it's not uncommon for them
to take down other people's intellectual property. You know, like
(04:31):
if you get on YouTube, if something's already copyrighted, they'll
pull that down on a heartbeat, doesn't matter. I had
to fight to get my own material back up on YouTube.
I did an interview with a number of people over
the years, and because it had some copyright material from
(04:53):
a movie that we were talking about put in the video.
Speaker 3 (04:56):
They tried to take it down. It's like, look, I'm.
Speaker 2 (04:58):
Talking to the dude from the movie promoting the movie
that you wanted him on my show to promote, and.
Speaker 3 (05:06):
Now you want to take it down.
Speaker 2 (05:09):
It was Courtney b Vance because we were talking about
the OJ Simpson documentary. He was playing Johnny Cochran. Okay,
and so there was some clips from the you know,
the people versus O. J. Simpson and I guess whoever
almost the copyright wherever the network was on, I think
it was fx FX.
Speaker 5 (05:23):
Yeah.
Speaker 2 (05:24):
FX complained they wanted the video taken down. I say,
wait a minute, you want the video which is me
and Courtney b Vance sitting and talking about this, and
we also added a clip from it.
Speaker 3 (05:36):
You want that taken down.
Speaker 2 (05:37):
But the only point of having the interview in the
conversation in the first place was to promote your stuff.
And also T and T did it to me? Remember
we had the interview with Charles Barkley. Yeah okay, And
they filmed a part of it in this damn studio,
yes okay, And it was me and Charles Barkley and
it was from American Race on TNT. I put that
(05:59):
up on my video. It's been taken down. Why because
it's copyright at T ANDT. Mother father, it's me, it's.
Speaker 3 (06:06):
Me, my show a green light.
Speaker 4 (06:09):
Wait a minute, they got green light to film that
from us?
Speaker 3 (06:13):
Yes?
Speaker 2 (06:14):
Ah, and I could kept fighting and fighting, could never
get it back. I was on TNT with Charles Barkley
about seven years ago for his multi part documentary American Race.
You can still find it. It's still out there. But
my point is, if it's important to a studio, yeah,
they can have a yank down in a heartbeat. It
can be done by AI. Honestly, it's almost like encoding.
(06:38):
If it comes up anywhere, it'll automatically find it and
they'll put it in a complaint and you can have
your your account shut down or your profile shut down.
But my point is I'm less concerned about that and
more concerned that the willingness and I will say the
pervasiveness of how this is happening with many movies now.
Speaker 3 (07:00):
People.
Speaker 2 (07:00):
It used to be and you know this toilet, it
used to be just a trailers. Like people would sneak
their phone into a comic con and they would you know,
surreptitiously take one of the new exclusive trailers from like
a really bad angle and you can't even see all
of it is really dark. And that's how they would
get the word out. But that was the extent of it.
(07:21):
Now they're just trying to go for spoilers really important
portions of movies. And for me, as someone who's always
on the internet, you're eventually going to ruin a movie
for me because you're gonna accidentally stumble across something you
can't help it.
Speaker 3 (07:36):
Yeah, and I blame people like Mark Ronner. He should
do more.
Speaker 5 (07:39):
No. No, When the four of us all go to
a movie together and somebody, say, across the auditorium has
their phone out, you can see me like trying to
like figure out what I'm gonna do about it. Yes,
it drives me insane. So imagine being behind or next
to somebody who's filming part of the movie on their phone.
No way, no way.
Speaker 2 (07:59):
I would be standing up. I would be making noise.
I would saying, hey, put your phone away. I don't
care about defying gravity. Put your phone away. This is
not going up on the internet. What's your name? So
I could tell everybody a bunch of Filthy Animals.
Speaker 1 (08:15):
You're listening to Later with Moe Kelly on demand from
KFI AM six forty.
Speaker 2 (08:21):
You know Posadana is almost here, is coming up on Tuesday.
I will be there and I say said for when
we had our Halloween pre Halloween, soo I wanted to
meet you then if you didn't have a chance to
come out and say hello to that, then please please
come on out to the Anaheim White House on December third,
(08:41):
This coming Tuesday, I'll be there and we'll be doing
the show live. We'll be doing all the shows live
from five am to ten pm.
Speaker 3 (08:51):
And it's gonna be a lot of fun. It's gonna
be a lot of fun.
Speaker 2 (08:57):
And also by then we'll know who will be the
winner of the CAFI auction item that we've offered up
four the opportunity to co host the show one night.
We're not talking about two segments. We're not going to
sit here and interview you. You're actually going to sit
in the chair and co host a show. You'll probably
(09:20):
even be doing some segments where you'll lock in and
lock out.
Speaker 3 (09:25):
What do you mean, bough, here's locking in k.
Speaker 2 (09:27):
If I AM six forty is Mo Kelly We're live
everywhere in the iHeartRadio app.
Speaker 3 (09:31):
And now we're going to talk about that's locking in?
What is locking out?
Speaker 1 (09:35):
Oh?
Speaker 2 (09:35):
Look at the time, can if I am six forty
We're live everywhere the I Heeart Radio app. Now to you,
Mark Robert and the CAFI twenty fo hour newsroom. That's
locking out?
Speaker 5 (09:41):
Yes, locking out is awkwardly throwing to the news anchor
out of nowhere.
Speaker 2 (09:46):
You too could experience this, But would it be fun
put that on like your as your ring tone or
something that'd be very cool, or like a text a
text yeah, or an audio emoji Yes cool. And there's
the only way you can one way you can do it.
You can't do it by calling in to the show.
You actually have to be here in the studio on
(10:07):
the mic, and we're offering were offering you that opportunity.
You just got to go to KFIAM six forty dot
com forward slash pastathon and you will see the auction
items of forbid. I can't guarantee you that there will
be no competition. I'm just saying the opportunity is there
(10:28):
for the taking and it's going to be a great day.
We expect to raise plenty of money, and not only that,
it's not about the money we raise, but it's also
the lives that we change, the kids that we feed,
and it doesn't have to be done all. On December third,
you can donate or bid on exclusive KFI auction items
that I was telling you about right now at kfiam
(10:49):
six forty dot com Forward slash Postathon. You can shop
at any Smart and Final store and donate any amount
and check out. Go to any Wendy's restaurant in southern
California and donate. Donate five dollars or more and get
a coupon book worth fifteen dollars, and one hundred percent
of your donation goes to Katerina's Club. And let me
just say at events, thank you so much for your support.
Speaker 5 (11:11):
It's actually it was a trip to I actually did
get Wendy's last night for real, and to see the
sign saying oh help the Katerina's Club, and to see
the KFI AM six forty logo right there, I.
Speaker 3 (11:22):
Was like, oh, yeah, there it is. See that's what
I need to do.
Speaker 2 (11:25):
I need to I've seen it obviously in a smartan
Final because I was hanging out with Bill Handle and
Neil Savadria this past weekend in a Smartan final, But
I haven't been by a Wendy's yet and I didn't
get a chance, unfortunately, to catch up to Tim Conway
Junior when he was working the drive through window at Wendy's.
I've seen the pictures, but I know it was much
(11:46):
more hilarious in person to see him attempt to take.
Speaker 3 (11:51):
And fill people's orders. I wish it could have seen that.
Speaker 2 (11:54):
I don't know how much they allowed him to do,
but whatever they allowed him to do, I am all four.
If you had them scoop it out the fries, yes,
If you had actually taking orders and taking people's money, yes,
I wanted to see all that, and unfortunately I didn't
get to see it. Like you know, I saw some
of the pictures, some of the video, but I want
to be there and laugh at him because I know
(12:16):
it had to have been hilarious. But all this is
for a much greater cause than any of us or
what we're doing. It's not about us, it's not about KFI.
It's about the kids. It's about Posta Thought, it's about
Catterita's Club. It's about changing their world, and if we
change their world. We're improving our world.
Speaker 1 (12:38):
You're listening to later with Moe Kelly on demand from
KFI AM six forty.
Speaker 2 (12:43):
And the latest in the world of Disney is this.
The Walt Disney Company has agreed to pay forty three
point three million to resolve a lawsuit brought by a
group of female employees who alleged gender pay discrimination at Disney,
and the proposed settlement was filed at the beginning of
(13:04):
the week, And in addition to setting up a forty
three point twenty five million dollar fund to play to
pay about nine different plaintiffs, Disney agreed to hire an
Quote Industrial organizational psychologists Close Quote to provide training to
Disney executives overseeing the organization of jobs. The lawsuit, just
(13:27):
to give you some backstory, began back at April twenty
nineteen with just two women, Lorondo Rasmussen and Karen Moore,
but eventually ballooned to nine women who alleged that they
were being paid substantially less than men who were performing
similar duties. Part of the issue the Planetf's attorneys have
(13:48):
long maintained was that Disney hired women at lower salaries,
which established a system in which women would never catch up,
they would continue to be underpaid even as they had
advanced in the company. Specifically, ras Musen worked as a
manager in product development for Disney and Glendale, which is
(14:09):
about maybe five minutes from here, and raised an issue
with management that she was not being compensated fairly, alleging
that men who held the same title as she did
they were paid. Men were paid from sixteen thousand to
nearly forty thousand dollars a year more. And I have
a genuine question, and I don't know the answer to this.
(14:32):
Mark you may Stephan, you may know the answer. Maybe
I'll overlooked something. I don't know what my colleagues make here.
I don't know. I can guess. I can assume. I
could say years of service, popularity, you know, I can
imagine something. But I don't know what my colleagues are making.
(14:58):
How because I'm thinking this is pre less information, you know,
hr information.
Speaker 3 (15:03):
How would any of.
Speaker 2 (15:05):
These employees know that someone else, male or female, was
making X amount of dollars or even that much more
unless that other employee told her or told them.
Speaker 5 (15:17):
Well, you just got to share information down in the
tunnels below Disneyland.
Speaker 2 (15:21):
Well, because that's how does that mean that the men
were actually helping out here?
Speaker 3 (15:24):
That's my question. Well, it goes to follow.
Speaker 2 (15:26):
I think that's what I wonder, because I don't look
because it doesn't stay in the story, and maybe it
is somewhere else. It doesn't say in the story that
male employees served as witnesses, were or were on the
witness list or on the deposition list or what have
you submitting evidence or something. Now, it was for as
(15:48):
low as the suit had been going on for the
better part of five years, almost six years, I'm thinking
that you know, they weren't the women weren't getting a
lot of help for it to last this long.
Speaker 3 (16:01):
Yeah, that's hard to say.
Speaker 5 (16:02):
And you know, it serves big employers to stop people
from sharing information, right right, And so the more everybody knows,
the more they're getting, the more they're thinking, well, Okay,
I got a good deal, I got a raw deal.
What the hell is this person doing making more than
me when I've been here longer or whatever. It's always
(16:23):
in the employee's best interest to share that information with
each other.
Speaker 2 (16:27):
Well, only if you happen to be on the short
end of the stick, Because let's say I'm making four
dollars an hour and Stephan's making two dollars an hour.
If I go and say, Stepan, you know I'm making
twice as much as you are. I don't know if
that helps our relationship. Well it may not, But I
mean I think a lot of people don't consider it
a zero sum game, like your four dollars an hour
(16:50):
isn't the reason Stephan's making two dollars an hour, It's
because Stephan is such a mediocre employee. Well, but see
the women are saying, well, because we are women, we
were offered less as a starting rate, and we were
promoted less often, less frequently, and we were never going
to catch up to our male counterparts.
Speaker 5 (17:13):
I mean, it's shocking to me, and it should be
to any human being that there's still this massive disparity
in the year of our Lord twenty twenty four, that
women aren't making as much as men.
Speaker 2 (17:22):
How is that even a thing? Still, it does not
surprise me at all. What does surprise me is what
I would perceive as a relatively small amount for the settlement.
Speaker 3 (17:32):
If you're talking, Look, it's a class action suit.
Speaker 2 (17:34):
Even though there weren't a lot of female employees, it's
still a class action suit. I'm thinking that they would
be able to get even more people to join if
they had access to this type of information of what
women were making, what men were making. And since Disney
was willing to settle because they didn't want a lot
of this information to come out the specifics of what
(17:55):
we're discussing right now, I was thinking that it would
have been for a much larger amount. Forty three million
dollars is nothing to sneeze at. But when you talk
about lawyer's fees and you talk about the contingency fees,
the women weren't getting a lot, not a lot when
you think about the case has been going on for
about five years.
Speaker 3 (18:16):
They're going to get thirty three percent off the top.
Speaker 2 (18:20):
I don't know how much they're actually getting, or or
I should say, and whether that changes anything within the
corporate culture at Walt Disney.
Speaker 5 (18:29):
You might actually be onto something here, because forty three
million dollars for a company the size of Disney is
almost go away money.
Speaker 2 (18:36):
No, it is, yeah, and they did not admit fault.
They're no specifics other than I guess the terms of
the agreement as far as the money, but we don't
know what exactly made Disney acquiesce. We don't know that.
We know they're not admitting fault, and they're getting off
with a relative handslap, and the plaintifs are not gonna
(19:00):
get a lot of money when you consider everything else,
I just there's more we don't know than what we
do know. But I found it strange that Disney was
able to settle for such what I would call a
meager amount, given they had this other information about what
other men were making, what other men were hired at,
(19:20):
it would seem like they had the goods, but it
didn't pay off.
Speaker 5 (19:25):
Yeah, many was infuriated shoes like, can you believe what
this a hole's making? This makes me curious for more,
and I'm hoping that people who actually know the inside
scoop might reach out and get in touch with us
and leak a little information.
Speaker 2 (19:39):
Yeah, there has to be more, because on its face,
it doesn't make sense if you have Disney, you know,
by the short and curlies. As they say, forty three million,
just forty three million a class action suit against Disney.
They're gonna pay their lawyers more than forty three million
(19:59):
just to part them from any other type of legal exposure.
Speaker 5 (20:03):
Yeah, it really does seem like more and more just
leave me alone type of money.
Speaker 2 (20:08):
And and there's this I wonder if they blackballed themselves
from the industry, because you look, we see and hear
stuff in this business working in entertainment over the fullness
of our careers. That if we told it all and
people ask me, you, are you ever going to write
a book? Yeah, when I'm ready to leave the business
because I won't have any friends after that.
Speaker 5 (20:27):
Well no, because if you file lawsuits, you are known
as the lawsuit person. It's not a big industry, right,
And it's not like your black balled.
Speaker 2 (20:35):
It's just that there's this scarlet letter on you and
no one will touch you most times. It's not like
places going to call around and say, hey, you don't
moas sue us, you better not hire. It's not that,
it's just that you're known as the person who sued,
so nobody.
Speaker 5 (20:50):
Will touch you. Oh yeah, don't be naive. It makes
you radioactive, even if you're in the right. It makes
you radioactive to sue your employer. Hopefully someone will reach
out and tell us more.
Speaker 2 (20:59):
It's later with mo' kelly, I am six forty Live
everywhere on the iHeartRadio app. We have a Justin Bieber update,
and maybe he's fallen on hard times. We'll tell you
why and for what reason.
Speaker 1 (21:11):
Just a moment you're listening to later with Moe Kelly
on demand from KFI AM six forty.
Speaker 2 (21:18):
Am KFI Live everywhere on the iHeartRadio app. And for
those who don't know me, just a quick reset. I
used to work in the music industry, working for different
record labels such as Capitol Records, Version Records, Interscope Records,
Warner Brothers Records, and Independent Music Blitz Records. Work for
(21:41):
the Grammys for a few years as well, usually in
promotion a little bit in an R, which is Artist
and Repertoire and artists development. You learn the business. You
learn how it eats people alive. People who supposedly have
sold a lot of records and made a lot of
(22:01):
money time and time again end up broke. You learn
how it happens. And there's a rule that you should
learn or know if you're going to be in the
business that the artist gets paid last. In other words,
a music artist may get an advance on their album,
and an advance may include the costs for studio recording,
(22:21):
or if the artist needs a temporary residence so they
can be close to the studio, or anything that they
do in support of the album when they're going on
what they call a promo tour. The record company foots
the bill for all those costs, and then when the
album comes out, the artist gets paid last, all these
(22:42):
recoupable costs, for the cost of recording the studio, time
you're touring, the music video that you might have spent
a million dollars on. I know they don't do many
music videos now, but I'm saying anything connected to making
that album is paid back to the record label and
your lawyer and your manager. The artist gets paid last.
(23:06):
Most artists don't know that or don't realize that until
they're well in their career, and they always end up
asking where the hell is my money, and then he
wants to allege that either someone ripped them off, which
is possible, or they realize that they'll have to perform
the rest of their life to maintain their lifestyle because
(23:27):
they are not generating any income because they don't either
own the copyright the songwriting copyright, so they're not making
the money passively. They only have maybe the performance copyright,
so they have to keep on performing to make money.
Think about all that. Let me tell you about Justin Bieber.
(23:49):
Justin Bieber, who we know made googabs of money. In fact,
it was estimated that he had more than three hundred
million dollars in his fortune. We know that he's been
dealing with Ramsey Hunt syndrome. And if you don't know
what that is, that's a shingles outbreak that affects the
facial nerve near one of your ears. It can cause
paralysis on one side of your face and hearing loss.
(24:11):
Put another way, it makes it really damn hard to
perform as a singer or any type of performing artist
using your face. So there was a tour that I
know Justin Bieber had to cancel, and he had not
been touring for quite some time. He hasn't toured since
twenty twenty three. It hasn't released an album since twenty
(24:32):
twenty one. Do you know where I'm getting ready to
go with this? Despite his three hundred million dollar fortune,
Justin Bieber, from what we understand, is in a financial
bind and he's being forced to consider against the health challenges.
Going back on what tour because that's about the only
(24:55):
way that he could maintain his lifestyle even though he
has a three hundre million dollar empire. And he is
also considering, allegedly considering suing his former business managers for
allegedly mismanaging his fortune. Now, remember everything I said at
the top of the segment and apply it to Justin Bieber.
(25:17):
I'm not saying that he was not financially taking advantage
of I'm saying that artists don't usually figure out how
the business works until well into their careers, probably when
it's too late and they are not the money maker
they once were, and so there's no way for them
to maintain the lifestyle when they are at their peak.
(25:40):
And I talked about this with Britney Spears, and it's
not going to be long before she's going to have
to go back out on tour for the same reason.
I don't know how many songs that Justin Bieber wrote
that he has the publishing credits for.
Speaker 3 (25:55):
I don't know.
Speaker 2 (25:56):
I do know that if he's considering going back out
on tour after making some three hundred million dollars, somebody
did something very wrong, very very very wrong, and Justin
Bieber is not that old, which means that he may
have to perform the rest of his natural life if
he's serious about maintaining some semblance of lifestyle that he
has right now. This is a perfect example of why
(26:20):
so many artists end up filing bankruptcy or going broke.
I remember TLC, they had the biggest album of just
about anybody's career. I think they sold like eighteen million
albums something like that, and none of them have like
a dime to their name when they're done with that album,
the Waterfalls album. Yeah, and I remember that album went
(26:40):
diamond diamond, So that's ten million, ten million, first album
to go diamond by a group period.
Speaker 3 (26:48):
And how is it they all ended up broke? Here's
the short answer.
Speaker 2 (26:52):
Well, they had multi million dollar videos like that Waterfall
video that costs multimillion dollars. What I say about the
artists getting paid last they had to pay that money
back to the record company. The record company didn't do
that out of the goodness of their heart. Also, TLC's
manager was a former singer by the name of Pebbles.
Your manager has the job of getting as much money
(27:14):
for the artists that they represent.
Speaker 3 (27:16):
That's their job. Okay, the record label.
Speaker 2 (27:19):
Their job is to get as much money or keep
as much money for the record label. Okay, Well, Pebbles
was married at the time while managing TLC, was married
to the president of the record company, La Reid. So
you had La read literally in bed with the manager
(27:42):
financially and personally with the manager of TLC. Talk about
a conflict of interests. Well, there was no conflict. Pebbles
basically sold out TLC. It was a horrible deal and
after selling ten million records, they had nothing to their name.
Speaker 4 (28:01):
Yeah, they were like living in apartments in Atlanta. People
looking like aw, how what not? And I don't have
time to go into points on an aut but all
the kind of thing. Long story short is, it's a
very common theme where you have artists who sell so
many records or have great financial success early on, and
(28:22):
because of their deal or mismanagement, they end up with
nothing to sustain them. Look, anytime you make three hundred million,
you should be set for life. But people like Justin Bieber,
who came into money without knowing what money is, spends money,
according to all reports, spends money like it has no value,
(28:42):
no meaning, no nothing. He spends money without looking at
the cost of things, how the check and receipts, none
of that. Just spend money without knowing that bills come.
Do you got a sixteen million dollar property and you're
looking at close to just shy of half a million
dollars in property tax a.
Speaker 3 (29:00):
Year, every year, every year, every year. Man.
Speaker 2 (29:04):
It's one thing to buy the house, it's another thing
to be able to keep the house. And Justin Bieber
likely will never make money going forward like he did
ten years ago. He's not one hit away because he
had a number of hits and a number of concert
tours that he was selling out.
Speaker 3 (29:22):
You don't get two bites at that album.
Speaker 2 (29:25):
Apple kenty survive and probably sustain himself, yeah, but not
living the lifestyle that he has been living.
Speaker 4 (29:32):
He has to put out another album because him having
to go on tour only shows that he does not
have many writing or production credits on any of Really,
the back catalog that he sold much less than anything else.
If you're forced to go back on the road, that
means you're only making money by performing.
Speaker 2 (29:50):
And that's why I tell people when you look at
these artists who are seventy five eighty years old, still
on the road with the exception of certain groups like Aerosmith,
who are already they have hundreds of millions of dollars
for non music i should say, non touring interests. For
the most part, they're doing it because that's about the
only way they can sustain their lifestyle. And also, you know,
(30:12):
it's not like they have health insurance. In the music industry,
they have other people they also have to take care of.
I'm telling you, when you see an artist like Justin Bieber,
after making hundreds of million dollars saying they're going back
on tour, that's a hint and a half that they
either mismanage their money, someone stole their money, or they
just didn't understand how the business worked when they first
(30:34):
got in. This will be something we'll continue to follow,
but hopefully when you look at the news more broadly,
you'll see what we mean. It's later with Mo Kelly
KFIM six forty life everywhere in I Heartradio app.
Speaker 3 (30:45):
Show up to your Thanksgiving dinner. It's gonna be good. Well,
one of them's gonna have to say that the kids
table doesn't matter. Which one do you want to keep
em separated?
Speaker 1 (30:53):
Fine?
Speaker 3 (30:54):
And the kost HD two Los Angeles, Orange County
Speaker 1 (30:58):
Loves everywhere the iggart Radio app
You're listening to Later with Moe Kelly on demand from
KFI AM six forty.
Speaker 2 (00:06):
And we've been talking about Wicked. We've talked about it
from the live show standpoint. I had seen that, Tawala
talked about it from the cinematic experience. He's seen that,
and then we both came across this story that I
got strong feelings about this one. People are going to
see Wicked in the theater and they seemingly can't resist
(00:31):
the urge to use their phone to record key portions
of Wicked and posting it online.
Speaker 3 (00:43):
You heard that right.
Speaker 2 (00:44):
In fact, the full four minute conclusion to the first
part of Wicked is currently floating around social media on
x and TikTok. You're probably wondering, is that legal? No,
it's not legal, but they're not chasing after the people
who are doing it. And for me, it's less about
whether it's legal. It's about whether it's legal for me
(01:07):
to kick you in the head for doing that in
the middle of the movie. Imagine that you're sitting in
a theater and you know, I don't like the obtrusiveness
of people around me. Okay, put your phone away. I
don't want to see the light of your phone. I
don't want to see you texting. I don't want to
hear you texting. I don't want to hear you on
the phone. Now, imagine that you're holding your phone up
(01:29):
high enough to get the screen and not get people's
heads in your shot that you plan to put online.
And it's a musical, so you want to make sure
that you're getting as much music as possible.
Speaker 3 (01:45):
I'm sitting the row behind you.
Speaker 2 (01:47):
Hypothetically, I'm going to do everything in my power to
ruin your video. I'm going to be talking, I'm going
to be yelling. I'm going to shake the back of
your chair so your phone is unsteady. If you have
the dirty nerve to put your phone up with the
light on and everything so you can record a piece
of the movie while the movie's going on, yes, you're
(02:09):
going straight to hell and I'm going to kick you
in the head.
Speaker 3 (02:11):
Shame on you.
Speaker 2 (02:13):
But that's why I don't want to go to the
movies all the time, because people don't know how to act.
The story is how people they're looking at this through
the lens. Don't pun intended of it being a piracy issue?
Speaker 3 (02:25):
Yes it is.
Speaker 2 (02:26):
You don't get to go to movie theaters and take
part of it and put it up online for everyone
to see. Now, some people were concerned with the fact
that they're giving away the conclusion of the movie. Well,
I've already seen it, you know, I've seen the stage
show and twala, you said it ends right where the
first act ends. Okay, so you're not ruining anything for
(02:47):
me as someone who's seen the live show the musical,
but you're definitely ruining it, ruining it for people who
are physically in the theater at that time watching it.
You see all these cameras going up around you like
you had some sort of concert or something.
Speaker 4 (03:04):
And it's such an important part of the movie because
anyone who was seeing the stage. Yes, when you see
this scene in the movie and you hear how they
interpreted it the film version of that, it plays out
differently and it can come across as a major spoiler
(03:25):
for anyone who hasn't seen it. And I get it.
These are young people in there, these are super fans
or whatever. And the thing about it, it's not just Wicked,
is just that Wicked is one of or the film
company behind Wicked is one of the first to say
we don't care. Post away, get it out there, get
the word out there. It's marketing for them, Yeah, for them,
Because this was happening with Deadpool, Wolverine, this has been
(03:48):
happening with there was one horror film that just came
out recently where people were posting a super cut scene
of all the smile, of all the different smiles in
the film, or all the death. So it's just like,
this seems to happening, and what is what world are
we in right now where people are okay coming into
theaters with your phones to ruin the experience for everyone
(04:08):
else just so you can grab those views.
Speaker 2 (04:10):
Yeah, I'm I don't know if I'm more angry or
upset at the people doing it or social media for
allowing it. I think that there is some responsibility for
these social media platforms because it's not uncommon for them
to take down other people's intellectual property. You know, like
(04:31):
if you get on YouTube, if something's already copyrighted, they'll
pull that down on a heartbeat, doesn't matter. I had
to fight to get my own material back up on YouTube.
I did an interview with a number of people over
the years, and because it had some copyright material from
(04:53):
a movie that we were talking about put in the video.
Speaker 3 (04:56):
They tried to take it down. It's like, look, I'm.
Speaker 2 (04:58):
Talking to the dude from the movie promoting the movie
that you wanted him on my show to promote, and.
Speaker 3 (05:06):
Now you want to take it down.
Speaker 2 (05:09):
It was Courtney b Vance because we were talking about
the OJ Simpson documentary. He was playing Johnny Cochran. Okay,
and so there was some clips from the you know,
the people versus O. J. Simpson and I guess whoever
almost the copyright wherever the network was on, I think
it was fx FX.
Speaker 5 (05:23):
Yeah.
Speaker 2 (05:24):
FX complained they wanted the video taken down. I say,
wait a minute, you want the video which is me
and Courtney b Vance sitting and talking about this, and
we also added a clip from it.
Speaker 3 (05:36):
You want that taken down.
Speaker 2 (05:37):
But the only point of having the interview in the
conversation in the first place was to promote your stuff.
And also T and T did it to me? Remember
we had the interview with Charles Barkley. Yeah okay, And
they filmed a part of it in this damn studio,
yes okay, And it was me and Charles Barkley and
it was from American Race on TNT. I put that
(05:59):
up on my video. It's been taken down. Why because
it's copyright at T ANDT. Mother father, it's me, it's.
Speaker 3 (06:06):
Me, my show a green light.
Speaker 4 (06:09):
Wait a minute, they got green light to film that
from us?
Speaker 3 (06:13):
Yes?
Speaker 2 (06:14):
Ah, and I could kept fighting and fighting, could never
get it back. I was on TNT with Charles Barkley
about seven years ago for his multi part documentary American Race.
You can still find it. It's still out there. But
my point is, if it's important to a studio, yeah,
they can have a yank down in a heartbeat. It
can be done by AI. Honestly, it's almost like encoding.
(06:38):
If it comes up anywhere, it'll automatically find it and
they'll put it in a complaint and you can have
your your account shut down or your profile shut down.
But my point is I'm less concerned about that and
more concerned that the willingness and I will say the
pervasiveness of how this is happening with many movies now.
Speaker 3 (07:00):
People.
Speaker 2 (07:00):
It used to be and you know this toilet, it
used to be just a trailers. Like people would sneak
their phone into a comic con and they would you know,
surreptitiously take one of the new exclusive trailers from like
a really bad angle and you can't even see all
of it is really dark. And that's how they would
get the word out. But that was the extent of it.
(07:21):
Now they're just trying to go for spoilers really important
portions of movies. And for me, as someone who's always
on the internet, you're eventually going to ruin a movie
for me because you're gonna accidentally stumble across something you
can't help it.
Speaker 3 (07:36):
Yeah, and I blame people like Mark Ronner. He should
do more.
Speaker 5 (07:39):
No. No, When the four of us all go to
a movie together and somebody, say, across the auditorium has
their phone out, you can see me like trying to
like figure out what I'm gonna do about it. Yes,
it drives me insane. So imagine being behind or next
to somebody who's filming part of the movie on their phone.
No way, no way.
Speaker 2 (07:59):
I would be standing up. I would be making noise.
I would saying, hey, put your phone away. I don't
care about defying gravity. Put your phone away. This is
not going up on the internet. What's your name? So
I could tell everybody a bunch of Filthy Animals.
Speaker 1 (08:15):
You're listening to Later with Moe Kelly on demand from
KFI AM six forty.
Speaker 2 (08:21):
You know Posadana is almost here, is coming up on Tuesday.
I will be there and I say said for when
we had our Halloween pre Halloween, soo I wanted to
meet you then if you didn't have a chance to
come out and say hello to that, then please please
come on out to the Anaheim White House on December third,
(08:41):
This coming Tuesday, I'll be there and we'll be doing
the show live. We'll be doing all the shows live
from five am to ten pm.
Speaker 3 (08:51):
And it's gonna be a lot of fun. It's gonna
be a lot of fun.
Speaker 2 (08:57):
And also by then we'll know who will be the
winner of the CAFI auction item that we've offered up
four the opportunity to co host the show one night.
We're not talking about two segments. We're not going to
sit here and interview you. You're actually going to sit
in the chair and co host a show. You'll probably
(09:20):
even be doing some segments where you'll lock in and
lock out.
Speaker 3 (09:25):
What do you mean, bough, here's locking in k.
Speaker 2 (09:27):
If I AM six forty is Mo Kelly We're live
everywhere in the iHeartRadio app.
Speaker 3 (09:31):
And now we're going to talk about that's locking in?
What is locking out?
Speaker 1 (09:35):
Oh?
Speaker 2 (09:35):
Look at the time, can if I am six forty
We're live everywhere the I Heeart Radio app. Now to you,
Mark Robert and the CAFI twenty fo hour newsroom. That's
locking out?
Speaker 5 (09:41):
Yes, locking out is awkwardly throwing to the news anchor
out of nowhere.
Speaker 2 (09:46):
You too could experience this, But would it be fun
put that on like your as your ring tone or
something that'd be very cool, or like a text a
text yeah, or an audio emoji Yes cool. And there's
the only way you can one way you can do it.
You can't do it by calling in to the show.
You actually have to be here in the studio on
(10:07):
the mic, and we're offering were offering you that opportunity.
You just got to go to KFIAM six forty dot
com forward slash pastathon and you will see the auction
items of forbid. I can't guarantee you that there will
be no competition. I'm just saying the opportunity is there
(10:28):
for the taking and it's going to be a great day.
We expect to raise plenty of money, and not only that,
it's not about the money we raise, but it's also
the lives that we change, the kids that we feed,
and it doesn't have to be done all. On December third,
you can donate or bid on exclusive KFI auction items
that I was telling you about right now at kfiam
(10:49):
six forty dot com Forward slash Postathon. You can shop
at any Smart and Final store and donate any amount
and check out. Go to any Wendy's restaurant in southern
California and donate. Donate five dollars or more and get
a coupon book worth fifteen dollars, and one hundred percent
of your donation goes to Katerina's Club. And let me
just say at events, thank you so much for your support.
Speaker 5 (11:11):
It's actually it was a trip to I actually did
get Wendy's last night for real, and to see the
sign saying oh help the Katerina's Club, and to see
the KFI AM six forty logo right there, I.
Speaker 3 (11:22):
Was like, oh, yeah, there it is. See that's what
I need to do.
Speaker 2 (11:25):
I need to I've seen it obviously in a smartan
Final because I was hanging out with Bill Handle and
Neil Savadria this past weekend in a Smartan final, But
I haven't been by a Wendy's yet and I didn't
get a chance, unfortunately, to catch up to Tim Conway
Junior when he was working the drive through window at Wendy's.
I've seen the pictures, but I know it was much
(11:46):
more hilarious in person to see him attempt to take.
Speaker 3 (11:51):
And fill people's orders. I wish it could have seen that.
Speaker 2 (11:54):
I don't know how much they allowed him to do,
but whatever they allowed him to do, I am all four.
If you had them scoop it out the fries, yes,
If you had actually taking orders and taking people's money, yes,
I wanted to see all that, and unfortunately I didn't
get to see it. Like you know, I saw some
of the pictures, some of the video, but I want
to be there and laugh at him because I know
(12:16):
it had to have been hilarious. But all this is
for a much greater cause than any of us or
what we're doing. It's not about us, it's not about KFI.
It's about the kids. It's about Posta Thought, it's about
Catterita's Club. It's about changing their world, and if we
change their world. We're improving our world.
Speaker 1 (12:38):
You're listening to later with Moe Kelly on demand from
KFI AM six forty.
Speaker 2 (12:43):
And the latest in the world of Disney is this.
The Walt Disney Company has agreed to pay forty three
point three million to resolve a lawsuit brought by a
group of female employees who alleged gender pay discrimination at Disney,
and the proposed settlement was filed at the beginning of
(13:04):
the week, And in addition to setting up a forty
three point twenty five million dollar fund to play to
pay about nine different plaintiffs, Disney agreed to hire an
Quote Industrial organizational psychologists Close Quote to provide training to
Disney executives overseeing the organization of jobs. The lawsuit, just
(13:27):
to give you some backstory, began back at April twenty
nineteen with just two women, Lorondo Rasmussen and Karen Moore,
but eventually ballooned to nine women who alleged that they
were being paid substantially less than men who were performing
similar duties. Part of the issue the Planetf's attorneys have
(13:48):
long maintained was that Disney hired women at lower salaries,
which established a system in which women would never catch up,
they would continue to be underpaid even as they had
advanced in the company. Specifically, ras Musen worked as a
manager in product development for Disney and Glendale, which is
(14:09):
about maybe five minutes from here, and raised an issue
with management that she was not being compensated fairly, alleging
that men who held the same title as she did
they were paid. Men were paid from sixteen thousand to
nearly forty thousand dollars a year more. And I have
a genuine question, and I don't know the answer to this.
(14:32):
Mark you may Stephan, you may know the answer. Maybe
I'll overlooked something. I don't know what my colleagues make here.
I don't know. I can guess. I can assume. I
could say years of service, popularity, you know, I can
imagine something. But I don't know what my colleagues are making.
(14:58):
How because I'm thinking this is pre less information, you know,
hr information.
Speaker 3 (15:03):
How would any of.
Speaker 2 (15:05):
These employees know that someone else, male or female, was
making X amount of dollars or even that much more
unless that other employee told her or told them.
Speaker 5 (15:17):
Well, you just got to share information down in the
tunnels below Disneyland.
Speaker 2 (15:21):
Well, because that's how does that mean that the men
were actually helping out here?
Speaker 3 (15:24):
That's my question. Well, it goes to follow.
Speaker 2 (15:26):
I think that's what I wonder, because I don't look
because it doesn't stay in the story, and maybe it
is somewhere else. It doesn't say in the story that
male employees served as witnesses, were or were on the
witness list or on the deposition list or what have
you submitting evidence or something. Now, it was for as
(15:48):
low as the suit had been going on for the
better part of five years, almost six years, I'm thinking
that you know, they weren't the women weren't getting a
lot of help for it to last this long.
Speaker 3 (16:01):
Yeah, that's hard to say.
Speaker 5 (16:02):
And you know, it serves big employers to stop people
from sharing information, right right, And so the more everybody knows,
the more they're getting, the more they're thinking, well, Okay,
I got a good deal, I got a raw deal.
What the hell is this person doing making more than
me when I've been here longer or whatever. It's always
(16:23):
in the employee's best interest to share that information with
each other.
Speaker 2 (16:27):
Well, only if you happen to be on the short
end of the stick, Because let's say I'm making four
dollars an hour and Stephan's making two dollars an hour.
If I go and say, Stepan, you know I'm making
twice as much as you are. I don't know if
that helps our relationship. Well it may not, But I
mean I think a lot of people don't consider it
a zero sum game, like your four dollars an hour
(16:50):
isn't the reason Stephan's making two dollars an hour, It's
because Stephan is such a mediocre employee. Well, but see
the women are saying, well, because we are women, we
were offered less as a starting rate, and we were
promoted less often, less frequently, and we were never going
to catch up to our male counterparts.
Speaker 5 (17:13):
I mean, it's shocking to me, and it should be
to any human being that there's still this massive disparity
in the year of our Lord twenty twenty four, that
women aren't making as much as men.
Speaker 2 (17:22):
How is that even a thing? Still, it does not
surprise me at all. What does surprise me is what
I would perceive as a relatively small amount for the settlement.
Speaker 3 (17:32):
If you're talking, Look, it's a class action suit.
Speaker 2 (17:34):
Even though there weren't a lot of female employees, it's
still a class action suit. I'm thinking that they would
be able to get even more people to join if
they had access to this type of information of what
women were making, what men were making. And since Disney
was willing to settle because they didn't want a lot
of this information to come out the specifics of what
(17:55):
we're discussing right now, I was thinking that it would
have been for a much larger amount. Forty three million
dollars is nothing to sneeze at. But when you talk
about lawyer's fees and you talk about the contingency fees,
the women weren't getting a lot, not a lot when
you think about the case has been going on for
about five years.
Speaker 3 (18:16):
They're going to get thirty three percent off the top.
Speaker 2 (18:20):
I don't know how much they're actually getting, or or
I should say, and whether that changes anything within the
corporate culture at Walt Disney.
Speaker 5 (18:29):
You might actually be onto something here, because forty three
million dollars for a company the size of Disney is
almost go away money.
Speaker 2 (18:36):
No, it is, yeah, and they did not admit fault.
They're no specifics other than I guess the terms of
the agreement as far as the money, but we don't
know what exactly made Disney acquiesce. We don't know that.
We know they're not admitting fault, and they're getting off
with a relative handslap, and the plaintifs are not gonna
(19:00):
get a lot of money when you consider everything else,
I just there's more we don't know than what we
do know. But I found it strange that Disney was
able to settle for such what I would call a
meager amount, given they had this other information about what
other men were making, what other men were hired at,
(19:20):
it would seem like they had the goods, but it
didn't pay off.
Speaker 5 (19:25):
Yeah, many was infuriated shoes like, can you believe what
this a hole's making? This makes me curious for more,
and I'm hoping that people who actually know the inside
scoop might reach out and get in touch with us
and leak a little information.
Speaker 2 (19:39):
Yeah, there has to be more, because on its face,
it doesn't make sense if you have Disney, you know,
by the short and curlies. As they say, forty three million,
just forty three million a class action suit against Disney.
They're gonna pay their lawyers more than forty three million
(19:59):
just to part them from any other type of legal exposure.
Speaker 5 (20:03):
Yeah, it really does seem like more and more just
leave me alone type of money.
Speaker 2 (20:08):
And and there's this I wonder if they blackballed themselves
from the industry, because you look, we see and hear
stuff in this business working in entertainment over the fullness
of our careers. That if we told it all and
people ask me, you, are you ever going to write
a book? Yeah, when I'm ready to leave the business
because I won't have any friends after that.
Speaker 5 (20:27):
Well no, because if you file lawsuits, you are known
as the lawsuit person. It's not a big industry, right,
And it's not like your black balled.
Speaker 2 (20:35):
It's just that there's this scarlet letter on you and
no one will touch you most times. It's not like
places going to call around and say, hey, you don't
moas sue us, you better not hire. It's not that,
it's just that you're known as the person who sued,
so nobody.
Speaker 5 (20:50):
Will touch you. Oh yeah, don't be naive. It makes
you radioactive, even if you're in the right. It makes
you radioactive to sue your employer. Hopefully someone will reach
out and tell us more.
Speaker 2 (20:59):
It's later with mo' kelly, I am six forty Live
everywhere on the iHeartRadio app. We have a Justin Bieber update,
and maybe he's fallen on hard times. We'll tell you
why and for what reason.
Speaker 1 (21:11):
Just a moment you're listening to later with Moe Kelly
on demand from KFI AM six forty.
Speaker 2 (21:18):
Am KFI Live everywhere on the iHeartRadio app. And for
those who don't know me, just a quick reset. I
used to work in the music industry, working for different
record labels such as Capitol Records, Version Records, Interscope Records,
Warner Brothers Records, and Independent Music Blitz Records. Work for
(21:41):
the Grammys for a few years as well, usually in
promotion a little bit in an R, which is Artist
and Repertoire and artists development. You learn the business. You
learn how it eats people alive. People who supposedly have
sold a lot of records and made a lot of
(22:01):
money time and time again end up broke. You learn
how it happens. And there's a rule that you should
learn or know if you're going to be in the
business that the artist gets paid last. In other words,
a music artist may get an advance on their album,
and an advance may include the costs for studio recording,
(22:21):
or if the artist needs a temporary residence so they
can be close to the studio, or anything that they
do in support of the album when they're going on
what they call a promo tour. The record company foots
the bill for all those costs, and then when the
album comes out, the artist gets paid last, all these
(22:42):
recoupable costs, for the cost of recording the studio, time
you're touring, the music video that you might have spent
a million dollars on. I know they don't do many
music videos now, but I'm saying anything connected to making
that album is paid back to the record label and
your lawyer and your manager. The artist gets paid last.
(23:06):
Most artists don't know that or don't realize that until
they're well in their career, and they always end up
asking where the hell is my money, and then he
wants to allege that either someone ripped them off, which
is possible, or they realize that they'll have to perform
the rest of their life to maintain their lifestyle because
(23:27):
they are not generating any income because they don't either
own the copyright the songwriting copyright, so they're not making
the money passively. They only have maybe the performance copyright,
so they have to keep on performing to make money.
Think about all that. Let me tell you about Justin Bieber.
(23:49):
Justin Bieber, who we know made googabs of money. In fact,
it was estimated that he had more than three hundred
million dollars in his fortune. We know that he's been
dealing with Ramsey Hunt syndrome. And if you don't know
what that is, that's a shingles outbreak that affects the
facial nerve near one of your ears. It can cause
paralysis on one side of your face and hearing loss.
(24:11):
Put another way, it makes it really damn hard to
perform as a singer or any type of performing artist
using your face. So there was a tour that I
know Justin Bieber had to cancel, and he had not
been touring for quite some time. He hasn't toured since
twenty twenty three. It hasn't released an album since twenty
(24:32):
twenty one. Do you know where I'm getting ready to
go with this? Despite his three hundred million dollar fortune,
Justin Bieber, from what we understand, is in a financial
bind and he's being forced to consider against the health challenges.
Going back on what tour because that's about the only
(24:55):
way that he could maintain his lifestyle even though he
has a three hundre million dollar empire. And he is
also considering, allegedly considering suing his former business managers for
allegedly mismanaging his fortune. Now, remember everything I said at
the top of the segment and apply it to Justin Bieber.
(25:17):
I'm not saying that he was not financially taking advantage
of I'm saying that artists don't usually figure out how
the business works until well into their careers, probably when
it's too late and they are not the money maker
they once were, and so there's no way for them
to maintain the lifestyle when they are at their peak.
(25:40):
And I talked about this with Britney Spears, and it's
not going to be long before she's going to have
to go back out on tour for the same reason.
I don't know how many songs that Justin Bieber wrote
that he has the publishing credits for.
Speaker 3 (25:55):
I don't know.
Speaker 2 (25:56):
I do know that if he's considering going back out
on tour after making some three hundred million dollars, somebody
did something very wrong, very very very wrong, and Justin
Bieber is not that old, which means that he may
have to perform the rest of his natural life if
he's serious about maintaining some semblance of lifestyle that he
has right now. This is a perfect example of why
(26:20):
so many artists end up filing bankruptcy or going broke.
I remember TLC, they had the biggest album of just
about anybody's career. I think they sold like eighteen million
albums something like that, and none of them have like
a dime to their name when they're done with that album,
the Waterfalls album. Yeah, and I remember that album went
(26:40):
diamond diamond, So that's ten million, ten million, first album
to go diamond by a group period.
Speaker 3 (26:48):
And how is it they all ended up broke? Here's
the short answer.
Speaker 2 (26:52):
Well, they had multi million dollar videos like that Waterfall
video that costs multimillion dollars. What I say about the
artists getting paid last they had to pay that money
back to the record company. The record company didn't do
that out of the goodness of their heart. Also, TLC's
manager was a former singer by the name of Pebbles.
Your manager has the job of getting as much money
(27:14):
for the artists that they represent.
Speaker 3 (27:16):
That's their job. Okay, the record label.
Speaker 2 (27:19):
Their job is to get as much money or keep
as much money for the record label. Okay, Well, Pebbles
was married at the time while managing TLC, was married
to the president of the record company, La Reid. So
you had La read literally in bed with the manager
(27:42):
financially and personally with the manager of TLC. Talk about
a conflict of interests. Well, there was no conflict. Pebbles
basically sold out TLC. It was a horrible deal and
after selling ten million records, they had nothing to their name.
Speaker 4 (28:01):
Yeah, they were like living in apartments in Atlanta. People
looking like aw, how what not? And I don't have
time to go into points on an aut but all
the kind of thing. Long story short is, it's a
very common theme where you have artists who sell so
many records or have great financial success early on, and
(28:22):
because of their deal or mismanagement, they end up with
nothing to sustain them. Look, anytime you make three hundred million,
you should be set for life. But people like Justin Bieber,
who came into money without knowing what money is, spends money,
according to all reports, spends money like it has no value,
(28:42):
no meaning, no nothing. He spends money without looking at
the cost of things, how the check and receipts, none
of that. Just spend money without knowing that bills come.
Do you got a sixteen million dollar property and you're
looking at close to just shy of half a million
dollars in property tax a.
Speaker 3 (29:00):
Year, every year, every year, every year. Man.
Speaker 2 (29:04):
It's one thing to buy the house, it's another thing
to be able to keep the house. And Justin Bieber
likely will never make money going forward like he did
ten years ago. He's not one hit away because he
had a number of hits and a number of concert
tours that he was selling out.
Speaker 3 (29:22):
You don't get two bites at that album.
Speaker 2 (29:25):
Apple kenty survive and probably sustain himself, yeah, but not
living the lifestyle that he has been living.
Speaker 4 (29:32):
He has to put out another album because him having
to go on tour only shows that he does not
have many writing or production credits on any of Really,
the back catalog that he sold much less than anything else.
If you're forced to go back on the road, that
means you're only making money by performing.
Speaker 2 (29:50):
And that's why I tell people when you look at
these artists who are seventy five eighty years old, still
on the road with the exception of certain groups like Aerosmith,
who are already they have hundreds of millions of dollars
for non music i should say, non touring interests. For
the most part, they're doing it because that's about the
only way they can sustain their lifestyle. And also, you know,
(30:12):
it's not like they have health insurance. In the music industry,
they have other people they also have to take care of.
I'm telling you, when you see an artist like Justin Bieber,
after making hundreds of million dollars saying they're going back
on tour, that's a hint and a half that they
either mismanage their money, someone stole their money, or they
just didn't understand how the business worked when they first
(30:34):
got in. This will be something we'll continue to follow,
but hopefully when you look at the news more broadly,
you'll see what we mean. It's later with Mo Kelly
KFIM six forty life everywhere in I Heartradio app.
Speaker 3 (30:45):
Show up to your Thanksgiving dinner. It's gonna be good. Well,
one of them's gonna have to say that the kids
table doesn't matter. Which one do you want to keep
em separated?
Speaker 1 (30:53):
Fine?
Speaker 3 (30:54):
And the kost HD two Los Angeles, Orange County
Speaker 1 (30:58):
Loves everywhere the iggart Radio app
Later, with Mo'Kelly News
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