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Apple News Today

Making sense of Elon Musk’s $45 billion pay package, what’s next now that the era of peak film and TV is over, and more

Jun 14, 2024
Entertainment disrupter Franklin Leonard discusses Hollywood's challenges and solutions. Elon Musk's $45B pay package approval and Paris Olympics' AC controversy are highlighted. Diversity and inclusion issues in Hollywood are explored, emphasizing revenue loss due to biases against minority communities.
10:14

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Quick takeaways

  • Challenges in Hollywood industry and solutions proposed by Franklin Leonard
  • Balancing environmental sustainability with athlete comfort at the Paris Olympics

Deep dives

Elon Musk's Controversial Pay Package

Tesla shareholders approved a staggering $45 billion pay package for Elon Musk, raising legal challenges. Musk's compensation would surpass any previous U.S. CEO package, highlighting concerns about fairness and governance. Despite shareholder support, the package faces allegations, including resource diversion and insider trading lawsuits. The approval led to a stock price surge but occurred amidst declining demand and legal troubles.

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