Corporate Gossip

Nitetoast media
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13 snips
Mar 17, 2023 • 1h 3min

Boeing Blows It

Discussion on Boeing's engineering decline and shareholder value maximization, the 737 Max crashes, the influence of Jack Welch, manufacturing issues, controversial decisions, a Senate hearing with Dennis Muhlenberg, and the costs of prioritizing shareholder value maximization.
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Dec 30, 2022 • 57min

Ozy Media: Corporate Catfish

Don't forget to rate and review this podcast!! Carlos Watson has it all: an Ivy League pedigree, an electric personality, and a media empire called "Ozy." There's only one problem… Watson is a prolific bullshit artist. When he and his co-founder are caught catfishing Goldman Sachs executives, his empire begins to crumble and his throne of lies is exposed. The Ozy story is truly wild and includes feuds with Sharon Osbourne, a Fyre Fest knockoff, and millennial-era side bangs! We're on Youtube!! Support the pod by buying us a coffee Check out our reading list Tiktok: @corporategossippod Hosts: Becca Platsky (Becca@nitetoast.com) Adam Platsky (Adam@nitetoast.com) Produced by: Michael Albanese @bigmanmike Vignette edited by: Becky Nanns Beckysaysitall.com Timestamps: 03:33 - Ozy Media background and Becca's side bang regret 10:15 - Ozy becomes the most popular website of all time!! More readers than the Bible!!! 15:40 - Carlos Watson's catfish practice with A&E 24:15 - The Ozy Media Fyre Fest that almost was 31:25 - Don't F* with Sharon Osbourne 33:54 - Carlos Watson: World's Best Boss 38:00 - Carlos & Samir catfish Goldman Sachs & the Ozy downfall 44:35 - Ozy 2.0: The Return of the Carlosfish 50:50 - Takeaways Links: Goldman Sachs, Ozy Media and a $40 Million Conference Call Gone Wrong Ozy Built a TV Show on a False Claim, Says Its Former Producer How Ozy Fest Was About To Become The Next Fyre Festival — Until A Heat Wave (And Insurance Claim) Bailed Them Out 18-hour days and panic attacks: Former Ozy staffers allege an abusive environment
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Dec 16, 2022 • 56min

Under Armour: Business Bros

Don't forget to rate and review this podcast!! Under Armour is what happens when a group of perpetually rowdy frat bros is at the helm of a multi-billion dollar company. Starting with a single sewing machine in his grandma's basement, Ken Plank grew the UA brand to market dominance over two decades, and then oversaw its demise over two years. This story has it all: A+ list athletes, strip club scandals, Twitter PR disasters, adulterous adventures on a private jet, and Becca's favorite: light accounting fraud! We're on Youtube!! Support the pod by buying us a coffee Check out our reading list Tiktok: @corporategossippod Hosts: Becca Platsky (Becca@nitetoast.com) Adam Platsky (Adam@nitetoast.com) Produced by: Michael Albanese @bigmanmike Vignette written by: Becky Nanns Beckysaysitall.com Timestamps: 06:16 - Kevin Plank creates the first moisture-wicking athletic T-shirt and founds Under Armour from his Grandma's basement. The company, with the help of lucrative movie cameos and athletic partnerships, is valued at $157m by 2005 and grows to $17B 10 years later. 15:34 - Under Armour produces a series of uggo shoes that are blasted on Twitter. 20:02 - As Plank becomes increasingly distracted with his side hustles, UA sales slump. The UA team employ a series of questionable accounting practices to hide the truth, and their actions result in a $9m class-action shareholder lawsuit. 27:00 - HR revokes one of the c-suite's favorite perks: free strip clubs. After that, it's one buzzkill after another for UA executives. 35:00 - Turns out the culture at the top of Under Armour wasn't exactly... conducive to not being a huge dirtbag. 43:15 - Has your boss ever brought his paramour - sorry - "strategic advisor" to a business meeting? If so, you might be working for Ken Plank!! 49:00 - Where does UA stand today? Links: Steph Curry's new Under Armour sneakers lit Twitter on fire with Dad jokes, memes Under Pressure at Under Armour, CEO Says His Eye Is on the Ball Under Armour founder sold $138 million in stock during time period company allegedly misled investors about slowing sales Under Armour's #MeToo Moment: No More Strip Clubs on Company Dime Under Armour CEO Kevin Plank 'was allegedly having an affair with MSNBC host Stephanie Ruhle and sought her advice over that of his board while flying her around on private jet'
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Dec 9, 2022 • 24min

Disney Drama Kings (Part 2)

The podcast discusses the hiring and firing of Michael Ovitz as president of Disney, the power struggles and legal battles that followed. It also explores Bob Iger's rise at Disney, his departure and successor transition. The hosts discuss the importance of good leadership and skepticism towards the corporation.
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Dec 2, 2022 • 47min

Disney Drama Kings (Part 1)

The drama in the C-suite at Disney's HQ in Burbank makes the Real Housewives of Orange County look like an episode of Mickey Mouse's clubhouse. Each CEO transition is messier than the next as these execs wrestle for the top spot in Cinderella's castle. This is part 1 of a 2 part episode. We're on Youtube!! Support the pod by buying us a coffee Check out our reading list Tiktok: @corporategossippod Hosts: Becca Platsky (Becca@nitetoast.com) Adam Platsky (Adam@nitetoast.com) Produced by: Michael Albanese @bigmanmike Timestamps: 03:47 Bob Chapeks sudden and surprise departure in November of 2022 08:40 Bob Igers complicated and codepedent relationship with Disney 17:00 Disney's price hikes makes vacation for the average family out of reach 22:05 Abigail Disney debuts a scathing documentary on Disney's employee experience 32:13 3 grown men getting in a fight for the top role at Disney that will ultimately cost the company half a billion dollars 37:00 Disney's epically bad theme park that almost was Links discussed: Inside Bob Iger's return to Disney: A senior executive's outreach to the former chief followed months of complaints to the board about CEO Bob Chapek 'Prison food': Disney fans slam skimpy, overpriced, 'disgusting' grub at theme parks Abigail Disney turns critical lens on her family's company in new doc Ovitz and Eisner: A Kids' Story A Deep Dive Into the Bloody Battle for 'Disney's America', the Theme Park That Never Was Images from Bob Iger's book, The Ride of a Lifetime Send us a message becca@nitetoast.com
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10 snips
Nov 4, 2022 • 49min

Bed Bath & Broke

No it's not an episode of succession, but it feels like one. This story has billionaires, nepotism, betrayal, criminal accusations, and COUPONS! We're on Youtube!! Support the pod by buying us a coffee Check out our reading list Tiktok: @corporategossippod Hosts: Becca Platsky (Becca@nitetoast.com) Adam Platsky (Adam@nitetoast.com) Produced by: Michael Albanese @bigmanmike Timestamps: 01:00 - Background 04:12 - BBBY CEO Steve Tamaras stupidly overpaid 08:00 - Activist investors kick out the CEO 14:15 - Nepotism!! 19:50 - Activist investors kick out ANOTHER CEO 26:50 - BBBY as a meme stock and r/wallstreetbets 40:50 - SEC investigations, death of BBBY CFO 44:50 - Takeaways Thank you for listening!! Please send me an email becca@nitetoast.com
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10 snips
Oct 21, 2022 • 29min

Peloton: Riding off a cliff (Part 2)

Activist investors take a stake in Peloton and dunk on John Foley via powerpoint deck as loyal riders hang up their shoes and get back outside. We're on Youtube!! Support the pod by buying us a coffee Check out our reading list Tiktok: @corporategossippod Hosts: Becca Platsky (Becca@nitetoast.com) Adam Platsky (Adam@nitetoast.com) Produced by: Michael Albanese @bigmanmike
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23 snips
Oct 21, 2022 • 43min

Peloton: Riding off a cliff (Part 1)

Has Peloton spun off the track? How did this coveted brand crash and burn? And why didn't founder John Foley hit the breaks? In this two part episode, we follow the rise of this pandemic-era darling and identify how the wheels started to wobble. We're on Youtube!! Support the pod by buying us a coffee Check out our reading list Tiktok: @corporategossippod Hosts: Becca Platsky (Becca@nitetoast.com) Adam Platsky (Adam@nitetoast.com) Produced by: Michael Albanese @bigmanmike

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