Amazon’s Andy Jassy Earns $212 Million in First Year as CEO

David Zaslav expressed a lot of excitement for the future of his newly merged company on Thursday during a company town hall with Oprah Winfrey at the Warner Bros. Burbank lot, he was vague on details for some immediate issues, including where $3 billion in planned cuts will come from. When asked by Winfrey about the cuts, Zaslav said that his transition team is still in the process of sifting through assets from both sides of the new company to determine where such cuts could be made.

Following its MGM purchase, Amazon chief executive Andy Jassy anticipates a continued ramp up of investment in entertainment as Prime Video content proves highly successful in spurring signups of Amazon Prime.

Morgan Neville’s company Tremolo Productions is officially in production of an untitled Andy Kaufman documentary alongside Josh and Benny Safdie’s Elara Pictures. The Emmy-nominated Alex Braverman will direct the feature-length film.“No matter how many times I watch Andy Kaufman’s work, I feel like I’m seeing a magic trick for the very first time,” Braverman said.

AT&T’s stock price on Monday jumped 8%, to $19.67, as a probable result of Friday’s closure of the deal. The Warner Bros. Discovery share price dipped to $24.48 in after-hours trading, but the start and finish were close enough that the day could hardly be called a roller coaster.Monday was the first day of public trading for Warner Bros.

David Zaslav will be pounding the Diet Cokes, his soft drink of choice, this week as he sprints across the country to Warner Bros. Discovery’s various outposts.Monday, the first day the new company begins trading on the Nasdaq under the “WBD” ticker, will kick off with a visit to Hudson Yards for a series of informal meet and greets with WarnerMedia employees before he heads to Washington, D.C. for a meeting with senior executives and CNN anchors at roughly 6 p.m.

according to CNN.Discovery stakeholders had approved the deal in mid-March.The merger will place AT&T’s Warner Bros., CNN, Turner and Discovery’s stable of nonfiction networks squarely under one roof — as well as two currently competing streaming services, Discovery+ and HBO Max, possibly giving the combined entity a fighting chance of moving into competition with Netflix and Disney+ among the leading streaming services.The deal also combines WarnerMedia’s U.S. sports rights like the NBA, MLB and March Madness with Discovery international sports giant Eurosport.

Jennifer Maas TV Business WriterDiscovery completed its $43 billion acquisition of WarnerMedia from AT&T on Friday to form new company Warner Bros. Discovery.WarnerMedia owns HBO, HBO Max, CNN, Warner Bros., DC Films, New Line Cinema, TBS, TNT, TruTV, Cartoon Network/Adult Swim, Turner Sports and Rooster Teeth, among other brands, and is part owner of the CW Network along with Paramount.Discovery is the parent of Discovery Plus, Discovery Channel, HGTV, Food Network, TLC, Investigation Discovery, Travel Channel, Turbo/Velocity, Animal Planet, Science Channel and OWN (Oprah Winfrey Network).Here is the new leadership structure for Warner Bros.

Among the leadership announcements, Warner Bros. Picture Group chairman Toby Emmerich, HBO/HBO Max chief content officer Casey Bloys, and Warner Television chairman Channing Dungey will continue in their respective roles, reporting to Warner Discovery CEO David Zaslav.

The Chemical Brothers have announced an expanded, anniversary edition of their second record ‘Dig Your Own Hole’.Originally released on this day (April 7) in 1997, ‘Dig You Own Hole’ features two UK Number One singles (‘Block Rockin’ Beats’ and ‘Setting Sun’) and went on to top the UK album charts as well as sell over half a million copies in the United States.To celebrate its 25th anniversary, the band are releasing a special, three-LP vinyl reissue on July 29 (limited to 1997 and available here) alongside both a CD and digital release.The reissue will feature the original album, alongside five new tracks. The first of which, a demo of ‘Elektrobank’, is out now.

Ahead of tomorrow’s expected close of the $43 billion WarnerMedia-Discovery merger, the executive leadership structure of the new company has been set.

EXCLUSIVE, UPDATED WITH MORE DETAILS: Less than 24 hours after CEO Jason Kilar, HBO Max boss Andy Forssell and Studio chief Ann Sarnoff were pink slipped from the about to disappear WarnerMedia, more executives were shown the door today.

Gwen Stefani is all about Blake Shelton! During a Wednesday’s episode , the “Sweet Escape” singer dishes on married life. During the chat, DeGeneres jokes about missing out on the opportunity to be one of Stefani’s bridesmaids during her wedding to Shelton -- which for the singer says worked out in the long run. “COVID,” the 52-year-old singer says when asked why her nuptials ended up being very small. “I had this fantasy of building bleachers.

In a bloodbath Tuesday at WarnerMedia before the Discovery merger, add HBO Max Head Andy Forssell to the list of exiting executives. He joins WarnerMedia studios and networks group chairman and CEO Ann Sarnoff and WarnerMedia CEO Jason Kilar.

HBO Max executive vice president and general manager Andy Forssell is leaving WarnerMedia ahead of the close of the company’s merger with Discovery, which is now set to close as early as Friday, Variety has learned.News that Forssell is out the door comes just as sources confirmed WarnerMedia studios and networks group chairman and CEO Ann Sarnoff was informed on Tuesday by leadership that her position would be eliminated, and follows WarnerMedia CEO Jason Kilar’s resignation this morning.As Variety reported earlier Tuesday, though insiders previously said the transaction between Discovery and WarnerMedia’s current owner AT&T would be formally completed on April 11, leading to the creation of new company Warner Bros. Discovery, two sources with knowledge of the situation say the merger is now expected to potentially be finalized by the close of business Friday.

Ann Sarnoff, chairman and CEO at WarnerMedia’s studios and networks, is also exiting her post, individuals with knowledge told TheWrap. Sarnoff will be departing her current role effective at the closing of the proposed combination of Discovery, Inc.

Jason Kilar, the former Hulu and Amazon exec who has led WarnerMedia as CEO since May 2020, has formalized plans to exit the company on the eve of its merger with Discovery.

Nottingham Forest have beaten Chelsea in the semi-final of the FA Youth Cup to set up a clash with Manchester United in the final.

The Real Housewives of Dubai” will premiere on June 1 at 9 p.m. ET, Bravo announced Friday.

Todd Spangler NY Digital EditorAmazon chief executive officer Andy Jassy’s compensation last year totaled $212.7 million, a nearly sixfold increase from his pay package in 2020 when he headed the tech giant’s AWS division.Virtually all of Jassy’s 2021 comp — $211.9 million — was in restricted stock that vests over the next 10 years, according to Amazon’s proxy statement filed Friday. His base salary was $175,000, unchanged from the two prior years; in addition, Amazon paid $589,149 in security expenses for the CEO.Founder Jeff Bezos, who assumed the role of executive chair when Jassy took the helm July 5, earned a salary of $81,840 ​last year, the same as the two years prior, per Amazon’s filing.