That sounds just like tipping, but with more steps

That sounds like the exact same amount of steps as tipping.

[The service charge is] an added fee controlled by the restaurant that helps facilitate a higher living base wage

Great! I don’t need to tip because they already pay their employees a fair wage.

Alternative option: the service fee is the tip because there’s no way I’m paying more than what’s on that bill.

Restaurant: $11 cannelloni and $6 beer.

Lemmy: fuck the rich for paying these high prices!

I’m not sure I want this to happen. I’ll read the bill, but I’m not convinced they’ll do it right. For example, UBI is supposed to replace other need-based social programs such as disability, welfare programs, government housing, etc. The entire point is that the money from those programs, which collectively have quite a lot of waste, goes into UBI so everyone can participate in society on a more fair level.

For example, I have a neighbour who is on some kind of government assistance. He gets very little money, and his rent for an entire house is $105/mo. With UBI, he’d get a full basic income, but his housing would no longer be subsidized, removing the need for a public housing corporation known for being awful and wasting money.

Why would they have to keep up with their appraisal? There is no downside to not doing it, other than not being worth as much if they want to sell or IPO, but that would be true even without the equity firm’s investment and appraisal. No law says they have to meet the expectations set by a single investor. There is no legal duty requiring a company to maximize profits or shareholder value.

However, even if such a law requiring them to maximize profits existed, it’s very reasonable that they would legally continue making the same types of movies that earned them that value in the first place. There couldn’t possibly be a requirement for them to change business strategies, else every company would eventually all end up in the same, most profitable industry. They’d all be selling movie theatre popcorn or something.