New California Bill Mandates Women on Board of Directors

New California Legislation(Bill) mandating presence of women on board of publicly traded companies.

  • Sponsored by State Senator Hannah-Beth Jackson
  • Legislation signed by Governor Jerry Brown on September 30th
  • Initial Deadline:  December 31, 2019
  • 3 Female Directors on Boards of 6 or More
  • 2 Female Directors on Boards of 5
  • 1 Female Director on Smaller Boards
  • Final Deadline:  2022

Violations result in as much as $300,000 fines per year.

Legal Notes(according to THR report by Jonathan Handel)

  • Public Companies Incorporated in Delaware
    • State guards corporate law prerogative
    • Incorporation vs. HQ Location
  • Impairs Shareholder Rights
  • Quotas may equal Reverse-Discrimination(UCLA Law Professor Neil Wertlieb)

Compliant Companies:

  • Disney
  • Netflix

Non-Compliant Companies:

  • Apple
  • Alphabet(Google)
  • Live Nation
  • Lionsgate

Out-of-State Companies

  • CBS
  • AT&T
  • Comcast
  • Sony

Analysis/Advice

  • Precedence for Controlling Private Entities
  • Return to Privately-Held Company
  • Move State Incorporation
  • Private Business Freedoms
  • Legal Fight
  • All-Female Companies with All-Female Boards
  • Race, Sexuality, Religion

Quotes:

“With numerous independent studies showing that corporations with women on their boards are more profitable, SB 826 is a giant step forward for women, our businesses and our economy,” said Sen. Jackson in a release issued after Gov. Jerry Brown signed the legislation Sept. 30. That economic justification raises some eyebrows. “This bill is about the use of government power to obtain social change,” said Akerman law’s Jeffrey S. Horton Thomas.

“The bill has already had positive impact on companies across the country by elevating the discussion regarding the importance and benefits of diversity in the boardroom,” said Annalisa Barrett, corporate governance professor at the University of San Diego School of Business.

 

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The Unspoken Emotions of Dunkirk

 

Christopher Nolan and Warner Bros. Picture’s recent release Dunkirk delivers an intense, yet beautiful story of war.  Writer and director Nolan delivers bomb fragments of dialogue, while shooting audiences with a machine gun of facial expressions and a platoon of sound mixing to depict a journey for survival.

Nolan establishes the primary antagonist in a shot with actor Harry Styles and his newly deceased fellow soldiers with a wide shot behind the young British military man.  Actors Mark Rylance and Tom Hardy appear soon after to converge on Dunkirk.  After more than 90 minutes of an emotion sprint of an obstacle course on sand, the civilians accomplish their mission to evacuate the soldiers.  Once the credits roll, the human heart slows down from a cinematic treat that utilizes cinematic history to tell history.

Dunkirk Synopsis:  “In May 1940, Germany advanced into France, trapping Allied troops on the beaches of Dunkirk. Under air and ground cover from British and French forces, troops were slowly and methodically evacuated from the beach using every serviceable naval and civilian vessel that could be found. At the end of this heroic mission, 330,000 French, British, Belgian and Dutch soldiers were safely evacuated.”

Production Info:

Release date: July 21, 2017 (USA)
Director: Christopher Nolan
Music composed by: Hans Zimmer
Budget: 100 million USD
Screenplay: Christopher Nolan

Critic Review Excerpts:

Christopher Nolan revisits a harrowing story of survival and resistance in World War II with skill and craft. Full review

Manohla Dargis
The NYTimes
“Dunkirk” isn’t comfortable to watch; it never relents or relaxes. At the same time, it’s impossible to look away from it. Full review

Michael O’Sullivan
Washington Post
Christopher Nolan’s first history movie is bold, visceral, and powerful, with many moving sequences — though some of his filmmaking choices can be challenging. Full review

Jeffrey M. Anderson
Common Sense Media
Somewhere inside the mess that is Dunkirk is a terrific linear movie.Full review

David Edelstein
Vulture

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Spawn Reboot with Blumhouse Productions

 

At this year’s San Diego Comic-Con, comic book creator Todd McFarland announced that he and Blumhouse Productions will produce a live-action Spawn reboot.  McFarland told Collider’s Steve Weintraub that he expects a production of $10-$12 million.

The focus of the film will be on Spawn and Detective Twitch.  He classified the motion picture under the supernatural thriller genre.  He told fans to expect an ‘R’ rating due to the material and themes, not just language or sex.

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State of the Transformers Franchise

 

In this episode, I discuss the story or lack thereof in the Michael Bay Transformers franchise.

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The following text below is my review of Transformers: The Last Knight:

Hopefully, Transformers: The Last Knight concludes Michael Bay’s tenure as the director of the Transformers’ franchise and Paramount Pictures. ‘Last Knight’ maintains the highest standard in visual effects, but bottom feeds on story execution.

Bay begins the lackluster blockbuster motion picture with a flashback that holds interest at first. Unfortunately, long and pointless flat gags interrupt a potentially epic sequence. Once present day arrives, enter Isabela Moner’s Izabella. A random character, similar to most human characters throughout the film. Mark Walberg’s Cade Yeager returns from Transformers: Age of Extinction to catch audiences up on his life after the events in Hong Kong. A small human inventor protects a race of advanced alien robots from other humans. The one theme to pull from ‘Last Knight’ is that humans are masters and transformers are pets.

The remaining parts of the movie continue the inappropriately timed jokes during potentially epic moments. The majority of screen time involves humans with a film titled Transformers. This fifth installment of the Cybertronians lacks fluidity and depth of characters, whether organic or inorganic. Lack of cohesion is primarily due to several additional new and returning characters. The only possible necessary human is Josh Duhamel’s, Colonel William Lennox.

Open threads surround a surface-level story. Singular dynamic shots, giant explosions, and sweeping large scope camera movements operate as the lipstick on this pig. Transformers: The Last Knight is a sandwich of incoherent table scraps soaked in wax for television fast food commercials.