Activision Blizzard CEO Bobby Kotick's total compensation fell slightly in 2019, from$30.8 million in 2018 to $30.1 million a year later. Kotick has been CEO of the company since 2008, after spearheading the merger of the two video game studios.
08.04.2020 - 20:31 / variety.com
By Justin Kroll
Film Reporter
Creative Artists Agency is enacting pay cuts across the entire company as the coronavirus pandemic continues to wreak havoc across Hollywood and the global economy, Variety has learned.
The last domino to fall among the major agencies, the cuts are on progressive basis affecting the highest-paid, a spokesperson said. Agency leaders Richard Lovett, Bryan Lourd and Kevin Huvane will forgo compensation entirely, for the time being.
“In this time of tremendous
Activision Blizzard CEO Bobby Kotick's total compensation fell slightly in 2019, from$30.8 million in 2018 to $30.1 million a year later. Kotick has been CEO of the company since 2008, after spearheading the merger of the two video game studios.
As all of Hollywood continues to struggle to survive the closures caused by the coronavirus pandemic, Endeavor is gearing up for lay offs, furloughs and pay cuts across all divisions and company holdings.
As all of Hollywood continues to struggle to survive the closures caused by the coronavirus pandemic, Endeavor is gearing up for lay offs, furloughs and pay cuts across all divisions and company holdings. The cuts, which have already begun in some businesses, will affect up to one-third of the company, which staffs 7,500 people worldwide, and will take place through May.
Cost-cutting measures at Hollywood conglomerate Endeavor will affect up to one-third of the company’s workforce by the end of May, Variety has learned.
By Nellie Andreeva
Jim Meyer, CEO of satellite radio company SiriusXM Holdings, saw his total compensation for 2019 rise 6.5 percent to $18.78 million, up compared with $17.63 million in 2018, according to the company's proxy statement filed with the Securities and Exchange Commission on Tuesday. He had made $9.66 million in 2017.
Jim Meyer, CEO of satellite radio company SiriusXM Holdings, saw his total compensation for 2019 rise 6.5 percent to $18.78 million, up compared with $17.63 million in 2018, according to the company's proxy statement filed with the Securities and Exchange Commission on Tuesday. He had made $9.66 million in 2017.
By Jake Kanter
A month after suspending all tours amid the novel coronavirus pandemic, Live Nation's CEO will be forgoing his annual base salary and other executives will be taking pay cuts, the events promoter disclosed. Additionally, the company has amended its credit agreement to get access to up to an additional $120 million to $150 million as the concert industry has shuttered across the globe.
By Jill Goldsmith
Cinemark Holdings Inc. CEO Mark Zoradi saw his total compensation for 2019 rise to $6.3 million, compared to $5.24 million in 2018, per the company's proxy statement filed with the Securities and Exchange Commission on Friday.
Cast & Crew, the entertainment industry's ubiquitous payroll, accounting and human resources software brand, is following other companies' leads in implementing furloughs and pay cuts amid the coronavirus outbreak. The company, which also offers workflow and productivity software, on Thursday announced that it would furlough "a significant percentage" of its workforce and reduce hours for remaining employees.
Jack Dorsey is donating $1 billion to COVID-19 relief efforts.
By Denise Petski