[BlindGossip] There are few things more humiliating than public failure. And it’s got to hurt being pushed out of your own company. For example, back in the mid-1980’s, Steve Jobs was famously demoted and pushed aside at Apple until he finally quit.
But investors don’t play. If you take millions of their dollars and can’t get the job done, they will berate, demote, and marginalize you until you quit or get fired.
This fate is awaiting one of the most famous names in entertainment. [Read more…]