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urban-witch101 Ā· 2 days
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The most important comment in this whole mess
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urban-witch101 Ā· 2 days
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Last post, with some findings that might help y'all move on too:
Disclaimer: I am not an accountant nor a tax professional. I am simply someone with an unused journalism degree who didn't need the 'goodbye youtube' video. Information is sourced from California Business Search, US Securities and Exchange Commission, and OpenCorporates
ā€¢ Watcher Entertainment, Inc. was formed in 2019 in Delaware, and has a branch operating in CA. This seems to be the parent company that the trademarks (Puppet History, Watcher) belong to.
According to Forbes, "Delaware has become internationally recognized as a corporate paradise and is ā€œhomeā€ to such famous firms as Amazon, Google, Tesla, Walmart, American Express and Disney, to name just a few. [...]
Corporations registered in Delaware that do not do business in the state do not pay corporate income tax. Delaware also does not have a sales tax, investment income taxes, inheritance taxes or personal property taxes. While companies do have to pay a franchise tax to register in Delaware, this can be pennies compared to the income tax other states would charge". They also point out that this is standard process for venture capital/angel investors. I would guess that 99% of traditional media in CA do this.
ā€¢ There was a Notice of Exempt Offering of Securities filed to the SEC in 2019. The long and short of that is there were 8 investors at that point. That number is given on the filing.
ā€¢ Although it appears the trio (Madej, Bergara, Lim) formed the company as directors and executive officers equally, by 2023 that wasn't the case.
As far the documents show - Shane is the Secretary, Ryan is the Chief Financial Officer and Steven is the Chief Executive Officer.
Lastly: I'm not advocating going to say anything to these people. Frankly, why bother. They've been shitheads, lots of people are in this world. But this helped me contextualise the last week and it might help you too. Stay silly :)
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urban-witch101 Ā· 7 days
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Petition to give Goatman back his bridge
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urban-witch101 Ā· 7 days
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capitalism killed my parasocial best friend, shane madej. may he rest in peace.
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urban-witch101 Ā· 7 days
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people keep comparing the WatcherTV move to Dropout (for obvious reasons) but I cannot emphasize enough how vastly different the circumstances between the companies is. like astronomically different
ā€¢ Watcher does not have the years of experience that Dropout/CollegeHumor did. CH as a company formed in 1999. They've been doing sketch comedy since the early 2000s. they were a company, like an actual company with offices and departments and everything. Watcher hasn't even existed for 5 years
ā€¢ Because CH has been established for that long, not only do they have an established connection to the industry, but they have an established fan base already. People that knew about and were fans of CH for over a decade, before Dropout was even a thought in someone's head.
ā€¢ When Dropout was in its infancy, CH was still under their parent company IAC, they weren't roughing it completely on their own the way that Watcher is. They were later dropped by IAC, but having that connection and funding in the vulnerable start was important
ā€¢ CH was still posting sketches and skits on YouTube for free while filling out Dropout's catalog. They didn't hard shift into exclusively subscription based, they continued doing both for the first couple years in order to help get Dropout established. Even now, they still occasionally post full episodes for free on YouTube, including whole seasons of Dimension 20
ā€¢ They have a large rotating cast that they move between multiple shows. They have a variety of content and a variety of entertainers to be guests on shows. Watcher has 3 guys which the occasional guest
ā€¢ A big part of this transition is because Watcher's episodes have a high production cost. That's what they claim. That it costs hundreds of thousands of dollars to film one episode of Ghost Files. but why?? why does it cost that much?? I get cost of travel for talent and crew but hundreds of thousands of dollars per episode?
ā€¢ When IAC dropped CH and they went bankrupt in 2020, they only had 7 employees. When Sam Reich bought the company, they only had 7 employees. not twenty five. I'm not advocating for laying off people, but maybe they shouldn't be payrolling more people than they can afford
ā€¢ also. Sam Reich is very vocal about how Dropout surviving and succeeding was nothing short of a miracle. They didn't get that success because the business model works, they got that success from years of networking, hard work, and pure luck
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urban-witch101 Ā· 14 days
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šŸš€ People trying to blame Iran for this measured and calculated ā€œescalationā€ conveniently ignore the facts. The real question is why are the UK and US so quick to condemn Iran for its attacks tonight, but so unwilling to condemn the Israeli attack on Iranā€™s embassy in Syria?
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urban-witch101 Ā· 29 days
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FU to all those attendees. Love and solidarity to the resistance -Free Palestine.
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urban-witch101 Ā· 29 days
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March 28, 2024
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urban-witch101 Ā· 1 month
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do you ever watch a letsplay and it inspires you to go play the game, not because it looks fun and such, but because they're fucking it up so badly that you just need to get into the game and do some of this shit correctly?
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urban-witch101 Ā· 1 month
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Okay I know it's a really big deal politically that TikTok is probably getting banned, but part of me is glad that it's them and not this hellsite. If The Government chose to shut down Tumblr I would actually flip the Capital building on it's head.
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urban-witch101 Ā· 1 month
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This is a longshot, would you be willing to help me get my insulin? I'm down to my last pen and its pretty much close to being empty.Nt asking for much only need $370 rn to save my bloodsugar. please help me with a small donation or share, reblog any help can save my life.Please help & BlessingsšŸ™ ā¤
I don't have a lot of followers, but hopefully they will see this.
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urban-witch101 Ā· 1 month
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urban-witch101 Ā· 2 months
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urban-witch101 Ā· 2 months
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We will not forget those who supported Palestine. You are in our prayersā¤ļø
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urban-witch101 Ā· 2 months
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šŸ‰Data sources under the cutšŸ‰
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urban-witch101 Ā· 2 months
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this is just a general question, but are you still into danganropna? If so, you should play V3. Itā€™s an awesome game.
I do eventually plan on playing! Right now the current hyperfixation is Legend of Zelda TotK, so I may start writing for those games soon. Just depends on how I feel.
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urban-witch101 Ā· 2 months
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people are calling what happened today in gaza ā€œthe flour massacreā€
the flour massacre
these people just wanted to get food for their families, something as basic as flour, one of the things that the very core of humanity is built on, and israel used it as a trap to murder them in cold blood
evil is not enough of a word. there is not a word to describe what they are doing to palestine. they are bleeding her out, they are torturing her and crushing her and hoping that nothing is left to remember her by when they are done. how can anyone stand and watch what is being done with indifference? how can you watch this level of human suffering, this crime against life and feel nothing, do nothing
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