[solemn music]
♪ ♪
[line trills]
- Okay.
- Shut down because of the coronavirus.
We're the last production shut down in the world, I think.
Uh, so we're all gonna go home and quarantine,
make sure we're all good,
and then come back about,
I don't know, maybe four, six weeks,
continue shooting.
But we must go home now.
[paint can rattles]
[dramatic music]
♪ ♪
[line trilling]
Um...
it's, uh--it's crazy.
I've never seen this before
in my lifetime,
you know, the level of uncertainty, you know?
We're all just praying that, you know,
we get back to normal, or is this our new normal?
Who knows?
Yeah, and it's just, like, craziness.
Absolute craziness.
Uh, I was a day away
from starting shooting "Uncharted."
The head of the studio called and said,
"We're shutting down,"
so everything's in limbo.
And then, trying to keep my kids
from going stir-crazy with boredom
and keeping them on their studying,
their Zoom meetings at school, but, you know,
my son had to spend his birthday indoors
and can't see friends.
It's, uh...been crazy.
So when I heard yesterday
that the quarantine was gonna go
from what they thought would be Easter
to at least the end of the month,
I set up a team with my wife.
I said, "These are things
"that are out of our control.
"Let's just focus on the things
that we have control over."
You know, we should be trying to lend a hand
where needed for people
being affected financially,
their health, so we're feeding
doctors and nurses, and giving people
everything that they need.
A big thank you to all of our first responders.
You know, it really puts things in perspective,
though, about what's important.
Make for some quality time with your family.
So that's what we're doing.
♪ Everything is going crazy ♪
The good of it all is that
we're spending so much quality time.
A little bug! Ah, help!
- Hi. - Sorry about that. Hi.
- Ooh, it sounds like you need nails and makeup.
- Makeup and nails? - Mm-hmm.
- I don't even like doing makeup in the movie.
Okay, so quarantine now.
I'm getting pedicures, manicures,
and apparently full makeup.
She's got her whole kit there.
And yeah, this is what's happening now.
[eerie music]
♪ ♪
[line trilling]
Harry.
- Can you see me?
- Ryan.
- Hey. How are you?
- How are you doing? - Just wanted to check in.
- During this pandemic.
I think the best advice I can give is,
like, to stay connected to your people as much as you can.
Checking on each other,
making sure everybody's doing okay.
You know, those kinds of empathetic messages
is really the key.
- Hey. How's it going?
- I just wanted to check in with you.
Hey, buddy.
- Hi. What are we doing here?
- Let's talk Wahlburgers first.
How many of our stores are open?
- None.
[tense music]
- Can you give me a little update on where we are?
- We're having significant supply chain challenges now
with both of the U.S. suppliers that we have.
Both are under quarantine.
There's no one working for at least 30 days,
and that creates a pretty significant
liquidity crisis for us.
- So how is everybody holding up?
How are all the employees and everybody?
- In terms of the studios that we actually own and operate,
you know, we've had to suspend all operations right now.
- Wow.
- So we just pumped the brakes on everything.
- So we really gotta do some hard thinking here
and take a long, hard look at what stores are,
uh,
you know, gonna be able to rebound,
and what stores aren't.
This has been a very, very
difficult day.
A lot going on...
- What we're going right now is,
we're engaging landlords
to talk about rent suspension or deferments.
We're just basically trying to reduce the overhead right now.
- Everybody's scared,
and it's really creating a ton of stress
beyond just the business stress,
worried about people's safety.
You know, those people are counting on us.
- [blows raspberry]
I'm a little down.
I had an hour and a half of, like,
happiness and joy, cutting up and laughing,
and then, you know, the rest of the day,
just kind of down and depressed.
And it's just hard, you know?
You get down, no matter--
all the other stuff doesn't matter, right?
- Yeah. - All the success,
everything else, you know what I mean?
It's like not having the ability
to stay strong physically,
and especially mentally.
- Yeah...
- Right, Wallie? - Yeah.
- Are you depressed? - Yeah.
- You understand what he's saying, right?
- I've usually been, uh,
pretty positive,
kind of, you know, optimistic guy,
and, you know, certainly doubt,
and fear, and all of those things
have come into play.
I mean, whatever was happening with Wahlburgers
was happening with F45,
which was happening with Municipal.
You know, it's-- I mean, there's so much.
I'm, like, really right now
just kind of at a loss for words.
It's hard 'cause, I mean, even like me,
I'm just down some days,
and depressed, and feeling like, God,
I don't know, when is this gonna end?
- Yeah. - And then, I have you guys
out there working every single day.
I really got to stop complaining.
You know, there's people out there really having it bad.
I just--and I'm, like, a super positive person.
I don't know. It just all kind of got me.
All this doom and gloom just kind of got me down.
It's gotten...
It's gotten to me a little bit.
- Part of it is just, yes,
shit hit the fan,
and how do we wanna emerge from this?
And how does the company
want to grow through this?
We're kind of thinking futuristically
as opposed to just right here and right now.
- A great entrepreneur understands the value
of hiring the right people
who bring that positive mindset
so that they can lead you through the crisis
and enable you to show up right,
show up ready.
- As long as we keep our health,
we'll get through this, we'll be fine.
- That's awesome.
Well, you've given me the pep talk that I need.
All right. Wallie, be nice to your sister.
- You hear that?
- Give Lucy a big hug.
And no punch-punch.
- [chuckles]
- Okay?
All right, buddy.
Well, you know, I don't say this
as often as I should.
I appreciate you. I love you.
- I love you too, man.
Don't worry. We all--
we all got each other's backs
on this one.
And anything you need from me,
let me know.
Whatever it is, dude. Always, 24/7.
You know that.
- Talking to the team today,
you can't help but feel like,
wow, this is fantastic.
Despite all that was going on,
they were actually still very positive,
so I was able to kind of pause for a second
and kind of think about
what exactly I want to do
or can plan to do now moving forward.
[tense music]
♪ ♪
Hey, I'm inviting everybody
to come and work out with me on Instagram.
We're working out with Shannon.
- We're gonna tune in at 10:30, Pacific time,
on F45's official Instagram.
- Safe distance apart.
We're gonna get after it.
50 countries,
1,500-somewhat studios all shut down
at the same time.
People who had come so far in their fitness journeys,
and now, not being able to go into the gym,
we wanted to try to pivot and create
as many at-home workouts, you know,
and try to stay engaged with people
and keep people focused.
- It feels so different,
but it's really just like
every other day, you guys.
It's gonna be great.
- Certainly, it wasn't seamless.
You know, you just try to do anything
and everything that you can
because you're worried about your members,
your franchisees, and the health
of the business as a whole.
- I think so. - Okay.
Okay? You're feeling it.
Hold it! You got 15 more seconds.
Keep moving.
If it doesn't challenge you, it doesn't change you.
Here we go.
- You know, people who are quarantining
with us, we're working out together.
We're motivating and inspiring each other in that way.
Great job, guys. Can't wait to get back
into an F45 studio with all you guys.
Got the kids down there a couple times
in the gym. That was probably a plus.
Look at that, I found a plus
in this whole thing.
Whoa, whoa, whoa, whoa! - Oh, no.
No, you didn't.
- Are you nuts?
[laughter]
[upbeat music]
♪ ♪
We were teaching my daughter about business,
and buying materials, and--
and, you know, being smart about managing costs.
And then, she started a hobby horse business.
Tell them what you're doing with this.
- I'm selling them.
- She made them all by hand.
What's the price? - $30.
- She's making five, ten horses a day,
but she was putting real effort into it.
She was selling hobby horses at a rapid rate.
- I'm gonna go stuff this and then come back to do the rest.
- The Kardashians were requesting
custom-made hobby horses,
and the business had turned into being
pretty lucrative pretty quickly.
[imitates neighing]
- [laughs]
- Because of Grace's hobby horse business,
Brendan starting getting jealous.
When he saw the kind of money that she was making
making these horses, because he's very entrepreneurial,
and they really became very engaged.
- These businesses can teach them about value.
And when they own something,
taking care of it, preserving something,
handling it with delicacy--
there are many valuable lessons to be learned there.
Whoo!
[dramatic music]
♪ ♪
[line trilling]
- Hey, Harry. - Hey, Mike.
- Um, I have some very bad news
about Municipal.
- Okay.
- So I spoke to Mark,
and when the stock market went
from an 8,000-point drop in the DOW
in such a short period of time.
It's a free fall. - Yep. Terrible.
- So that created a significant strain
on our liquidity
and required us to scale back
some of our funding commitments.
- Yep. - Including Municipal.
- Our funding source,
FOD, backed out.
They were gone. They were done.
Because we were pre-launch,
we weren't a business that was currently operational.
They had to focus on their current operations.
Those were the ones that had to take priority.
- Hopefully you guys get to turn the corner.
- Thank you.
♪ ♪
The responsible thing to do as a business leader
is to let everyone know these are the realities.
Dave, Kim, do you guys got a sec?
So...
we got bad news from FOD.
They just--they had to pull our funding.
- So how are you feeling?
Are you freaking out?
- I'm fucking panicked.
Everybody on the team believe in Municipal.
They believe in Mark.
And above all that, they trusted me.
Getting to this point was the hard part,
and now, like, we're getting it pulled out from under us.
- I know.
I just felt like, oh, my gosh,
do I need to start looking for something else?
But nobody's hiring right now.
Like, what's gonna happen?
- My guess is, we're gonna be tightening our belts here,
to basically put ourselves on life support.
- There's definitely risk involved
when you work for a start-up.
And I've worked for start-ups before,
and I've had them fail.
- The hits just keep coming.
- We have to look at every single
option to get us moving forward,
but I don't know if we're gonna survive
as a company.
[eerie music]
♪ ♪
[line trills]
- Hello.
- Hey. What's up? [chuckles]
- Has Father come on?
- Sorry about the delay, guys.
I had a little issue installing Zoom on my laptop.
- No problem.
- This project came to us about this story
of a priest who also runs a hedge fund
on Wall Street.
The documentary series
centers around the father
as he takes on the SEC
and Big Pharma.
I told Mark about the project,
and Mark was so intrigued by this priest
that he wanted to meet him.
Father, would you kind of just tell your story
as far as, you know, what your "side job" is,
and so forth?
- Yeah.
I'm Father Emmanuel Lemelson,
and I'm a Greek Orthodox priest
and an activist investor.
Well, an activist investor typically
gets involved with companies in order
to protect the interest of common shareholders.
You know, most clergy
in the Eastern churches are married.
A number of Orthodox clergy, we have lay vocations,
and you learn about priests
who are maybe doctors or lawyers,
but apparently, there hasn't been any
who've really worked in finance,
at least not in the capacity I have.
It's been controversial,
but I've come to learn that controversy's
not necessarily a negative thing.
- I just thought it was fascinating--
a man of the cloth was also
a man in the investment world.
Most of the priests that I know
stick to working for the Lord,
but he's a multitasker.
- As a young man, my heart's desire was to serve
the church as a priest, but I was always aware
of the business world, though, as well,
and maybe it is like a second calling.
And I think that as Christians,
we should embrace our work,
even in the financial world.
- Archie, when you told me the doc,
I was like, "I gotta meet that guy.
I gotta meet that guy."
It's exciting that we'll get to do
a lot of interesting things together.
We want to make some compelling television,
but also, you know, with a message.
- Yeah, absolutely.
- And I said to Archie,
this can really be something that's really special
and really has an impact on people.
And it's complicated.
You're a complicated dude.
You're, like--you're a priest,
but you're also--you know, you have a hedge fund.
- [chuckles]
Um...
- Father, real quick. Sorry to interrupt.
Say hello to my beautiful wife.
- Rhea, it's so nice to meet you.
- Hi. Nice to meet you.
- My wife thinks you're so beautiful, by the way.
- Aw, thank you. - And so do I.
All right, give me a kiss. - Okay.
Your dinner's ready. - I ate my dinner.
- Oh, you ate it already? - Oh, yeah.
- That was mine. - I ate some--
oh, it's really good.
Vegan pasta.
- By the way, you know, my wife is with me too
behind me here on the computer screen.
- We both overachieve, Father.
Well, Archie, we'll follow up tomorrow,
and Father, I'll call you tomorrow.
- You guys have a good night. Archie, take care.
- Good night, everyone.
[dramatic music]
♪ ♪
[line trilling]
- What's up?
Where are we at?
- Good. Talked to Lev for a while this morning,
kind of filling him in on everything again,
but we have to figure out what we're gonna do
'cause we're--
we really only have
three weeks of cash left.
- Yeah.
- Since our funding source pulled out
at the worst time,
we had to really make
a lot of hard decisions.
You know, we're getting close to launch,
so we have to get really creative on
how are we gonna get us through the end of the year and beyond.
I'll put together a bunch of different scenarios
so that we can decide
how we wanna go forward.
- Yeah, well, a lot of people
made a lot of sacrifice
to launch this business,
so, you know, if we're going into business together,
we're betting on ourselves.
Let's just finance it ourselves.
You know, Lev and I are both prepared
to step up, whatever we have to do,
to continue to finance the business, so...
♪ ♪
- Um...
- Hello?
[line trills]
[speaking native language]
- Huh? Do you speak English?
- Yeah. Yeah, exactly.
- And we'll go after it.
- Okay.
- I'll fill you in if anything happens
between now and the next time I talk to you.
- All right, buddy. Hang in there.
- Okay, you too, Mark.
See you, man. Bye. - Bye.
[tense music]
- So we found ourselves
having to scrap our whole business plan
and start really over from the beginning.
Now, we're trying to figure out
what's the best avenue for Mark and Lev.
They're like, "Let's just do it ourselves."
But I don't have that kind of cash lying around,
so I'm really nervous about hurting the team
if I can't go forward.
Like AJ on our team,
he's a young guy, just has a family.
Like, I wanna bust my ass
so that that guy can buy a house someday.
And...
that's why we're here, you know?
I think about that.
[solemn music]
- We're going through a very hard time in this country.
At first, I was like,
okay, we'll be shut down for a few weeks,
just like everyone else.
And then, of course, a few weeks
became a month, two months.
It really is a daunting feeling
because it's a real possibility
if we can't sell shows,
that this company will go away,
and with that, a lot of jobs.
I'm working as hard as I ever have in my entire life,
just scrambling to try to figure it out.
- Hey, Archie. How are you?
- You know,
craziness.
Trying to work out of your home and accomplish that all,
it's a lot.
Here's Wallace. - Hi, Wallace.
Your children are so beautiful,
Archie.
- We're gonna get a call from Zoom.
Cuteness overload. - [giggles]
- 'Cause it really tests you being a great dad.
Ryan has sent me the materials. - [babbles]
- Sorry, that's my kid.
And being a great business partner,
and owning a company, you know?
I wanna be there for my kids.
Hey, buddy. It's so tough.
I'm on a pitch, and my son is like,
"Daddy, Daddy, let's play football."
[voice breaking] You know?
It's hard. It's hard.
- [indistinct]
- [laughs] Hey.
[laughter echoes]
[melancholy piano music]
♪ ♪
[indistinct chatter]
- Okay, so go ahead.
Start with the bad news,
and then give me the worst news.
You know, when the pandemic hit,
you know, just a combination
of things just started happening.
And, you know, hundreds of thousands of people
have been out of work with no end in sight.
We told them what was going on...
...People will feel safe. Rhea, that's the problem.
I mean, I was on eight to ten Zoom calls a day
to make some hard decisions, but when it comes
to the state of these businesses...
The stakes are pretty damn high.
I mean, there's constantly lots to overcome,
things coming from out of nowhere.
- There's too many COVID cases there.
- Hold on one sec. That's my line. Hold on.
I've got to be hands-on and, you know,
solving problems and fixing things.
- What do you mean you have to go back and look?
Everybody that I'm involved with
has good, hard-earned money involved in these businesses.
Why wasn't I asked if it was okay?
Tom, what the fuck is going on?
- Do you see the number that you're responsible for
versus the number that I'm responsible for?
- [sighs]
- All right, I'm gonna hang up on you now.
[dial tone]
Are you fucking kidding me?
- Going into this pandemic,
there is nothing but problems every day
in business.
My philosophy and outlook
on it is,
you not only need to have the vision
and be passionate, but you have
to be a really good problem solver.
Any type of problem that comes your way,
you have to have the answers and the solutions.
[dial tone]
[tense music building]
♪ ♪
The more I think about it,
the more I think I should have my hands
in the businesses on a day-to-day.
Have all the right people that make decisions.
I got to go out there and actually
really handle it myself.
[dramatic music]
And, um, ultimately,
I have to stop the bleeding.
And it has to happen immediately.
It's about fucking time!
- ♪ Get ready, get, get, get ready ♪
♪ Get, get ready, get, get, get ready ♪
♪ Get, get, get, get, get, get, get ♪
♪ Get, get, get, get, get, get, get, get ♪
♪ ♪
♪ It's game time ♪
[vocalizing]
♪ ♪
- ♪ Hey, hey, hey, hey ♪
♪ Hey, hey, hey, hey ♪
♪ Hey ♪
♪ Hey, hey, hey ♪
♪ ♪