In the show Succession, it seems Logan Roy can’t be fired from Waystar Royco—in fact, he straight up fired half his board in Season 1. But in Spider-Man 1, Norman Osborn was fired from his own company by his board, and they even sold the company without telling him. What’s the difference between these two?
3 Comments
slazer2au@lemmy.world · 4 pts · 140d
Plot direction.
folkrav@lemmy.ca · 3 pts · 140d
I haven't watched Succession, but I suspect Logan Roy is the majority shareholder. If you hold 51% of a company's voting shares, you effectively can do what the fuck you want with it, board or not. By the time Osborn loses his company, he's not a majority shareholder anymore, and the rest of the board controls enough of it combined to oust him.
ohulancutash@feddit.uk · 1 pts · 140d
Logan Roy is a thinly veiled Rupert Murdoch. Murdoch has a controlling stake in NewsCorp.