It’s surprising in this age of Wall Street activism that movie studio shareholders don’t call for the resignation of AMPTP negotiator Nick Counter, given his obstinate, hard-line tactics that prompted the Writers Guild strike.
Clearly, studios and their stockholders lose the most from the petty resistance to creating an equitable distribution of profits. Counter’s name-calling of his adversaries as “strike-happy and unprofessional” recalls the old-fashioned studio practices of nickel-and-diming on issues that really matter, while profligately wasting resources at the expense of stockholders, and of course the viewing public.
If Counter doesn’t step aside and substitute a clear-headed negotiating team to resolve the pending items, stockholders should demand his prompt termination.
– Thom Taylor (author, “The Big Deal” and “Digital Cinema”)