Actress Tina Malone has opened up about her husband's death, revealing in a heartbreaking admission that post-traumatic stress disorder (PTSD) drove him to suicide.
06.05.2024 - 23:01 / deadline.com
Warner Bros. Discovery chief David Zaslav largely evaded questions about NBA talks and Paramount Global‘s potential as a WBD merger partner, but he did weigh in on the hot topic of executive pay.
“All CEOs need to be paid with alignment with shareholders,” he declared. In 2023, a year when his company’s stock price hovered around $10 a share, less than half of its value when it began trading in 2022, Zaslav collected a total payday of $49.7 million, up more than $10 million from the prior year.
The comments came during a Milken Conference panel titled “The Corporate Compass: Charting the Role of the CEO.” Zaslav appeared alongside three other chief executives: EY’s Carmine Di Sibio, Time magazine’s Jessica Sibley and FedEx’s Raj Subramaniam.
Throughout his nearly two decades in the corner office, Zaslav has often become enmeshed in controversy over executive compensation. In 2021, the year when he spearheaded the $43 billion merger of WarnerMedia and Discovery, Zaslav received $247 million, of which $203 million came in the form of option awards.
“The majority of compensation should be aligned with the performance of the stock,” the exec said. “If the stock does well, then the CEO should do really should do much better. And if the stock doesn’t do well, the CEOs should not. And so, I think alignment is critically important.”
Zaslav acknowledged that compensation wound up becoming an issue in the dual strikes of 2023, but he said much of the labor strife stemmed from “the fact that the industry was changing so quickly.” Negotiating parties “didn’t quite know exactly how to fairly compensate and we were arguing about how do you fairly compensate on a streaming service versus a cable channel. … Ultimately, the goal has
Actress Tina Malone has opened up about her husband's death, revealing in a heartbreaking admission that post-traumatic stress disorder (PTSD) drove him to suicide.
Todd Spangler NY Digital Editor Julia Phelps, Paramount Global‘s executive VP and chief communications and corporate marketing officer, is exiting after almost 20 years with the company and predecessor Viacom. Phelps had long worked with Bob Bakish, who was ousted as CEO of the company last month and replaced by a three-exec committee. Phelps, in a memo to her team Friday, said she will leave Paramount at the end of May.
sports-streaming service set to be launched by Walt Disney, Warner Bros.
Gogglebox star Ellie Warner has surprised fans as she offered a milestone update alongside her rarely-seen boyfriend and their baby son. Fans of the Channel 4 show know the star for appearing on the sofa alongside her younger sister, Izzi, but Nat made a brief appearance on-screen when filming rules had to change during Covid.
Jennifer Maas TV Business Writer Warner Bros. Discovery kept up with TV upfronts week’s biggest trend at their presentation out of The Theater at Madison Square Garden Tuesday: Promoting not just its TV slate as a prime ad-buying opportunity — but also its film franchises. First up from CEO David Zaslav’s team, WB Discovery revenue and strategy chief Bruce Campbell addressed the Madison Avenue crowd following a sizzle featuring top WBD IP and brands across film and TV series.
Jamie Lang The Annecy International Animation Film Festival has become an increasingly important marketing opportunity for major U.S. studios to show off their upcoming animated offerings. This year, Warner Bros.
The traditional pilot process may be dying out but that’s not stopping the glitz and glamor of the TV Upfronts in New York.
Saturday Night Live‘s “Weekend Update” segment leaned into the brain worm that U.S. presidential hopeful Robert F. Kennedy Jr. said got into his head.
Zack Sharf Digital News Director A 15-year-old “Lord of the Rings” fan film titled “The Hunt for Gollum” is back online and streaming on YouTube after it was temporarily blocked in the aftermath of Warner Bros. revealing its next “Rings” movie has the same title (via Entertainment Weekly). The fan film, which centers on Gandalf tasking Aragorn with hunting down Gollum before the latter can find Frodo and the One Ring, has earned 13 million views since its debut more than a decade ago.
Naman Ramachandran Warner Bros. Discovery has appointed entertainment creative advertising and marketing specialist, Once Upon a Time, and brand consultancy and creative agency, BigSmall, for the European launch of streamer Max.
EXCLUSIVE: Willy Wonka, the eccentric founder of the Wonka Chocolate Factory from Charlie and the Chocolate Factory, has been played by Gene Wilder, Johnny Depp and Timothée Chalamet on the big screen.
Warner Bros. is set to release a new Lord Of The Rings film in 2026, featuring help from Peter Jackson.The news of the upcoming film arrived earlier today (May 9), during a conference call about Warner Bros.
Warner Bros. Discovery CEO David Zaslav has announced that the next “Lord of The Rings” movie is aiming for a theatrical release in 2026 and will have the creative involvement of filmmaker Peter Jackson, who co-wrote and directed all six Middle-Earth feature films based on the beloved high-fantasy novels of Professor J.R.R.
Todd Spangler NY Digital Editor Netflix used to say its goal was to become HBO faster than HBO could become Netflix. Well, Netflix succeeded on that front. Now Warner Bros.
Jennifer Maas TV Business Writer Warner Bros. will release the first of its new batch of “The Lord of the Rings” films in 2026, which will focus on Andy Serkis’s Gollum. Original “The Lord of the Rings” trilogy filmmaker Peter Jackson and his partners Fran Walsh and Philippa Boyens are producing the movie and “will be involved every step of the way” on the movie, Warner Bros.
UPDATED with name of film, details: The first of two new films — working title Lord of the Rings: The Hunt for Gollum — will be directed by and star Andy Serkis (Venom: Let There Be Carnage, Mowgli: Legend of the Jungle), with Fran Walsh and Philippa Boyens set to write the screenplay, along with Phoebe Gittins and Arty Papageorgiou (Lord of the Rings: The War of the Rohirrim). The film will be executive produced by Ken Kamins, with Serkis and The Imaginarium’s Jonathan Cavendish.
A year ago, Warner Bros. Discovery was raking in cash from astonishing sales of Hogwarts Legacy, the game launched in February of 2023 that had sold more than 12 million units and hit $850 million in global sales in its first two weeks. CEO David Zaslav said then that games were key to the merged company’s strategy. It made for a very tough comp to this year as the Suicide Squad: Kill the Justice League game, also out in February, was no Hogwarts Legacy.
Max streaming services in the US starting this summer, the companies said in a statement on Wednesday.Customers will be able to sign up on any of the three individual websites and chose from an ad-free or ad-supported plan. No prices were disclosed.Both Disney and Warner Bros are trying to build their streaming businesses as customers ditch traditional cable packages, in part because many of them rejected having to pay for a large bundle with dozens of channels.Butas the number of streaming apps exploded, consumers have complained about having to sign up for multiple subscriptions.The Disney/Warner bundle will simplify payment with one bill, and possibly offer a discount from the cost of subscribing to each app separately.Further details will be announced in the coming weeks, the companies said.Disney+ offers the company’s animated and live-action movies plus film and TV shows from Marvel, Star Wars and Pixar.
Bob Iger, CEO2023 compensation: $31.6M/+110.7%Median employee compensation $54,010Iger pay ratio to median employee: 595 It was a contentious time for the congenitally congenial Disney chief. First, he made some ill-considered remarks at Sun Valley, a conference for media barons held in a posh resort, characterizing striking actors’ demands as “not realistic.” Those words were slammed by SAG-AFTRA head Fran Drescher, with Iger becoming exhibit A for corporate greed.
Good Morning Britain viewers expressed their anger when regular ITV contributor Andrew Pierce made a shocking claim regarding King Charles' feelings towards Prince Harry.