SEC Showbiz and Celebrity Breaking News

Warner Bros. Discovery Shareholders Slam CEO David Zaslav’s Compensation In Say-On-Pay Vote - deadline.com
deadline.com
11.05.2023

Warner Bros. Discovery Shareholders Slam CEO David Zaslav’s Compensation In Say-On-Pay Vote

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.

Shamed Derek Mackay 'getting on with life' as he is spotted at energy conference in Glasgow - www.dailyrecord.co.uk - Scotland
dailyrecord.co.uk
10.05.2023

Shamed Derek Mackay 'getting on with life' as he is spotted at energy conference in Glasgow

Disgraced former SNP finance secretary Derek Mackay has been spotted at an energy conference in Glasgow.

BuzzFeed Q1 Revenue Declines 27%, CEO Says Company ‘Leaning Into’ AI and Creators After BuzzFeed News Shutdown - variety.com
variety.com
09.05.2023

BuzzFeed Q1 Revenue Declines 27%, CEO Says Company ‘Leaning Into’ AI and Creators After BuzzFeed News Shutdown

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 Is Leaving CNBC; Exit Follows Comcast’s Firing Of NBCUniversal CEO Jeff Shell - deadline.com - Beyond
deadline.com
09.05.2023

Hadley Gamble Is Leaving CNBC; Exit Follows Comcast’s Firing Of NBCUniversal CEO Jeff Shell

Hadley Gamble, whose complaints led to the firing of ex-NBCUniversal boss Jeff Shell late last month, is leaving CNBC, the network said today.

CNBC Parts Ways With Anchor Whose Complaints Ousted Former NBCU CEO Jeff Shell - variety.com - New York - Beyond
variety.com
09.05.2023

CNBC Parts Ways With Anchor Whose Complaints Ousted Former NBCU CEO Jeff Shell

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 Omits Any Mention Of WGA Strike, But CEO David Zaslav Tells CNBC He Believes “A Love For Working” Will End The Impasse - deadline.com
deadline.com
05.05.2023

Warner Bros Discovery’s Hour-Long Earnings Call Omits Any Mention Of WGA Strike, But CEO David Zaslav Tells CNBC He Believes “A Love For Working” Will End The Impasse

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 CEO Adam Aron Sees $23.7 Million Pay Package In 2022, Up 25% - deadline.com - Texas - state Delaware
deadline.com
29.04.2023

AMC Entertainment CEO Adam Aron Sees $23.7 Million Pay Package In 2022, Up 25%

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.

CW Parent Nexstar Media Group Reports $39.3M In Total 2022 Pay For CEO Perry Sook - deadline.com
deadline.com
29.04.2023

CW Parent Nexstar Media Group Reports $39.3M In Total 2022 Pay For CEO Perry Sook

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 Paid Former CEOs Christina Spade, Matt Blank, Josh Sapan A Combined $40M In 2022 - deadline.com - France - New York
deadline.com
29.04.2023

AMC Networks Paid Former CEOs Christina Spade, Matt Blank, Josh Sapan A Combined $40M 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.

Former NBCUniversal CEO Jeff Shell Forfeits $43 Million In 2022 Pay After Being Fired For Cause - deadline.com
deadline.com
28.04.2023

Former NBCUniversal CEO Jeff Shell Forfeits $43 Million In 2022 Pay After Being Fired For Cause

Jeff Shell, the ousted CEO of NBCUniversal, forfeited compensation valued at $43 million for 2022 after being fired for cause last Sunday.

Roku President Charlie Collier’s 2022 Salary Hit $53.3 Million in Just 2 Months - thewrap.com
thewrap.com
27.04.2023

Roku President Charlie Collier’s 2022 Salary Hit $53.3 Million in Just 2 Months

a company’s SEC filing published Thursday revealed. Other compensation totaled $25,245.

Jeff Shell Ousted As NBCUniversal Chief With Cause Due To “Sexual Harassment” Of Employee, Comcast Says, Signaling Intent To Avoid Severance Payout - deadline.com
deadline.com
24.04.2023

Jeff Shell Ousted As NBCUniversal Chief With Cause Due To “Sexual Harassment” Of Employee, Comcast Says, Signaling Intent To Avoid Severance Payout

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 Gets $167M In Settlement Of Suit By CBS Shareholders Against Shari Redstone, Directors, Ending Years-Long Merger Litigation - deadline.com - state Delaware
deadline.com
22.04.2023

Paramount Gets $167M In Settlement Of Suit By CBS Shareholders Against Shari Redstone, Directors, Ending Years-Long Merger Litigation

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.

Netflix’s Reed Hastings, Ted Sarandos See Compensation Rise to More Than $50 Million in 2022 - variety.com
variety.com
21.04.2023

Netflix’s Reed Hastings, Ted Sarandos See Compensation Rise to More Than $50 Million in 2022

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.

Disney Communications Chief Kristina Schake Gets One-Year Contract Extension And Pay Raise Due To “An Increase In Her Responsibilities” - deadline.com - Florida
deadline.com
20.04.2023

Disney Communications Chief Kristina Schake Gets One-Year Contract Extension And Pay Raise Due To “An Increase In Her Responsibilities”

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.

Imax CEO Richard Gelfond’s Pay Dropped to $8 Million in 2022 - thewrap.com - China
thewrap.com
14.04.2023

Imax CEO Richard Gelfond’s Pay Dropped to $8 Million in 2022

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 Motion Picture Group Undergoes Layoffs - deadline.com
deadline.com
14.04.2023

Lionsgate Motion Picture Group Undergoes Layoffs

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.

Listen to Trump Official Admit to Fox Producer the Georgia Vote Audit was ‘Pretty Darn Close’ to Accurate (Audio) - thewrap.com
thewrap.com
13.04.2023

Listen to Trump Official Admit to Fox Producer the Georgia Vote Audit was ‘Pretty Darn Close’ to Accurate (Audio)

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.

Fox Corp. Seen Withholding Evidence in Run-Up to Dominion Voting Trial - variety.com - state Delaware
variety.com
12.04.2023

Fox Corp. Seen Withholding Evidence in Run-Up to Dominion Voting Trial

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.

Blake Lively Pulls a Ryan Reynolds in Her New Betty Buzz Ad - www.glamour.com - county Reynolds
glamour.com
11.04.2023

Blake Lively Pulls a Ryan Reynolds in Her New Betty Buzz Ad

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.

Sophia Bush Opened up About a Super Creepy Fan Interaction at a Bar - www.glamour.com - Beyond
glamour.com
05.04.2023

Sophia Bush Opened up About a Super Creepy Fan Interaction at a Bar

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 Settles Shareholder Lawsuit Over Planned Reverse Stock Split - thewrap.com
thewrap.com
03.04.2023

AMC Settles Shareholder Lawsuit Over Planned Reverse Stock Split

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 Settles Shareholder Lawsuit - deadline.com - state Delaware
deadline.com
03.04.2023

AMC Entertainment Settles Shareholder Lawsuit

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 Confirms Merger With UFC Parent Endeavor - deadline.com
deadline.com
03.04.2023

WWE Confirms Merger With UFC Parent Endeavor

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.

Endeavor Closing In On Deal For Majority Stake In WWE, Will Combine It With UFC To Form Combat Sports Giant – The Dish - deadline.com - USA
deadline.com
02.04.2023

Endeavor Closing In On Deal For Majority Stake In WWE, Will Combine It With UFC To Form Combat Sports Giant – The Dish

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 says cancer diagnosis 'swamps her soul' as she opens up on her mental health battles - www.dailyrecord.co.uk - Britain - Scotland
dailyrecord.co.uk
01.04.2023

Janey Godley says cancer diagnosis 'swamps her soul' as she opens up on her mental health battles

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, Shaken By Ad Woes, Cineworld Bankruptcy, Gets New Ten-Day Extension On Interest Payments; What Lies Ahead - deadline.com
deadline.com
01.04.2023

National CineMedia, Shaken By Ad Woes, Cineworld Bankruptcy, Gets New Ten-Day Extension On Interest Payments; What Lies Ahead

National CineMedia said today it’s negotiated a second extension of the grace period on interest payments originally due Feb. 15.

Lionsgate Takes Key Step In Separation Of Studio And Starz - deadline.com
deadline.com
31.03.2023

Lionsgate Takes Key Step In Separation Of Studio And Starz

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.

'If love could cure me': Janey Godley shares touching clip of Glasgow welcome amid cancer battle - www.dailyrecord.co.uk - Britain - Scotland
dailyrecord.co.uk
30.03.2023

'If love could cure me': Janey Godley shares touching clip of Glasgow welcome amid cancer battle

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.

Roku Laying Off Another 200 Employees, Cutting 6% of Workforce - variety.com
variety.com
30.03.2023

Roku Laying Off Another 200 Employees, Cutting 6% of Workforce

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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