Stockholders have expressed serious displeasure with 2022 executive compensation at Warner Bros. Discovery led by CEO David Zaslav, according to the result of a vote at the annual meeting Monday that was filed with the SEC today.
Stockholders have expressed serious displeasure with 2022 executive compensation at Warner Bros. Discovery led by CEO David Zaslav, according to the result of a vote at the annual meeting Monday that was filed with the SEC today.
Disgraced former SNP finance secretary Derek Mackay has been spotted at an energy conference in Glasgow.
Todd Spangler NY Digital Editor BuzzFeed’s revenue was down substantially in the first three months of 2023, dropping 27% in the period — and the company projected sales would be off as much as 29% for Q2. Given the decline, last month BuzzFeed announced it was shuttering its unprofitable BuzzFeed News division and laying off about 180 people across the organization, about 15% of its employee base. “We have reached an inflection point in digital media. Over the last few months, we have made significant strategic and organizational changes to position the business for long-term growth. Peretti continued, “By leaning into Creators and AI, I believe we can unlock new opportunities across our portfolio of trusted brands — including Tasty, First we Feast, Complex, HuffPost and BuzzFeed,” Jonah Peretti, BuzzFeed founder and CEO, said in announcing the Q1 results.
Hadley Gamble, whose complaints led to the firing of ex-NBCUniversal boss Jeff Shell late last month, is leaving CNBC, the network said today.
Brian Steinberg Senior TV Editor Hadley Gamble, a CNBC reporter who ended up as part of the headlines involving the business-news outlet’s corporate parent and the ouster of its most recent CEO, is departing the company herself. “CNBC today announced that Hadley Gamble, Anchor and Senior International Correspondent, is leaving the company,” the network said in a statement. “Gamble has been a distinguished journalist for more than a decade for CNBC, undertaking highly visible and challenging assignments, and developing deep expertise in the Middle East and beyond. Her initiative and drive have secured valuable interviews with several world political leaders. We wish her every success in her future endeavors.”
Warner Bros Discovery’s hour-long earnings call with Wall Street analysts Friday morning included nary a mention of the WGA strike, unlike many other such calls in recent days.
AMC Entertainment chief executive Adam Aron saw compensation last year totaling $23.7 million, up 25% from $18.9 million in 2021, according to an SEC filing Friday. That included a base salary of $1.5 million, a $6 million cash bonus, and stock awards valued at $16.2 million.
Perry Sook, who has led Nexstar Media Group from humble beginnings two-plus decades ago to its current status as the top owner of TV stations and the parent of The CW, made $39.3 million in 2022.
AMC Networks said it paid three former CEOs –Christina Spade, Matt Blank and Josh Sapan — packages worth more than a combined $40 million for 2022.
Jeff Shell, the ousted CEO of NBCUniversal, forfeited compensation valued at $43 million for 2022 after being fired for cause last Sunday.
a company’s SEC filing published Thursday revealed. Other compensation totaled $25,245.
NBCUniversal CEO Jeff Shell was dismissed “with cause” due to “inappropriate conduct” and “sexual harassment” of an employee, according to a new SEC filing from parent company Comcast.
Paramount Global said that, pending court approval, it will receive $167.5 million in settlement of a suit by shareholders of the former CBS Corp. against some of the broadcaster’s former officers and directors, including Shari Redstone and Joseph Ianiello. Called a derivative suit, it’s filed on behalf of the company, whose parent is getting the cash.
Todd Spangler NY Digital Editor Reed Hastings, who stepped aside as co-CEO of Netflix in January, and co-chief Ted Sarandos both saw double-digit increases in their compensation packages for 2022, with their total pay topping $50 million each. Hastings’ total pay last year was $51.07 million, $49.4 million of which was in stock option awards, up 25% from 2021, the streamer disclosed in its 2023 proxy statement Friday. Sarandos’ pay jumped 31.5% in 2022, to $50.3 million, comprising $20 million base annual salary, $28.5 million in stock options and $1.79 million in other compensation (including $1.43 million in residential security costs). In stepping down as co-CEO, Hastings will take a huge pay cut: For 2023, as executive chairman, he’s eligible to receive a $500,000 base salary plus $2.5 million in stock options, according to a Netflix 8-K filing with the SEC. In the co-CEO role, he stood to make $34.7 million this year, mostly in stock.
Kristina Schake, who joined Disney a little more than a year ago as EVP and Chief Communications Officer, is getting a pay raise and a contract extension.
through 2025. He was given $1.25 million in non-equity incentive plan compensation as opposed to $1.9 million in 2021. The April 14 SEC filing noted that Megan Colligan, who will soon step down as president of Imax Entertainment, earned $3.47 million in 2022 versus $4 million in 2022.
Lionsgate, which continues preparations to separate its studio business from Starz, laid off staffers in its Motion Picture Group today, sources tell Deadline. I hear the number is about a dozen.
a senior booking producer for Maria Bartiromo, and later head of booking for Tucker Carlson, prior to being fired by the network.Grossberg asked the Trump official if any of the voting machines have been looked at in Georgia.“I’d have to check on that in terms of Georgia, I know during the audit they did check on those machines,” the official said in the recording. “Can just go off the record for one sec here?”Grossberg replied, “Yeah, sure. Of course.
Brian Steinberg Senior TV Editor A judge overseeing a much-scrutinized defamation trial brought by Dominion Voting Systems against Fox News and its corporate parent has admonished attorneys for the media company several times this week in preliminary hearings and suggested Wednesday he may appoint an outside monitor to ensure Fox isn’t withholding evidence. Judge Eric M. David of Delaware’s Superior Court suggested Wednesday that he might appoint a special master to probe whether Fox lied about withholding evidence after Dominion attorneys made a presentation about materials not given to them in the discovery process that they believe are warranted. There were also claims made that Fox Corp. declined to acknowledge that Rupert Murdoch, executive chairman of Fox Corp., was also an officer of Fox News — a detail that would affect what kinds of materials Dominion could obtain.
did when he got Depressed Peloton Wife in an ad for Aviation Gin, Blake Lively has enlisted another viral micro-celeb in the latest ad for her line of mixers, Betty Buzz. ()In a 40-second spot, we get “expert testimony” about why the fizzy drinks are the best in the game.
star recounted a scary encounter with a “fan” on , the podcast hosted by You star Penn Badgley and his co-hosts Nava Kavelin and Sophie Ansari. They focus on formative adolescent experiences, and Bush's went way beyond an awkward puberty anecdote.While enjoying time with friends at a bar, Bush recounted on the April 5 episode, she noticed a man filming her on his phone. "I'm not a zoo animal," she recalled, per .
AMC Theatres has reached a settlement on a shareholder lawsuit that sought to block a reverse stock split, clearing the way to convert the company’s preferred “APE” shares to common shares in an effort to boost capital. In an SEC filing published Monday, AMC says that it will issue 6.9 million shares, or 4.4% of the company’s stock, to the plaintiff shareholders in exchange for the lawsuit being dropped.
AMC Entertainment has taken a big step forward on a few key fronts, announcing a settlement in a shareholder lawsuit that would allow it to issue stock, raise capital, convert its APE units and go ahead with a ten-for-one reverse stock split – basically a lifeline if it needs one.
WWE and UFC parent Endeavor Group Holdings made things official in an SEC filing Monday morning, confirming their blockbuster merger into a combat sports colossus.
The WWE, which has been exploring a potential sale over the past few months, is in the process of being acquired by UFC parent Endeavor Group Holdings.
Janey Godley has opened up to her social media followers and fans on how tough life has been recently as she continues to soldier on with her chemotherapy amid her terminal cancer diagnosis.
National CineMedia said today it’s negotiated a second extension of the grace period on interest payments originally due Feb. 15.
Lionsgate is moving forward with its plans to separate the studio business from Starz, submitting a draft registration of the proposed spinoff — of the studio — with SEC.
Janey Godley has taken to her social media to share a heartwarming video clip of her during her 'Not Dead yet' tour when she was performing in Glasgow earlier this month.
Todd Spangler NY Digital Editor Roku is handing out pink slips again and exiting some office space as the streaming platform company takes additional steps to rein in costs. The company said Thursday it will lay off about 200 employees, or 6% of the company’s remaining workforce. In addition, Roku said, it will exit and sublease (or discontinue use of) some office facilities that the company does not currently occupy. Roku disclosed the cutbacks in an SEC filing. Roku’s latest job cuts come after the company in November 2022 announced that it was eliminating 200 jobs in the U.S., citing “current economic conditions.”
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