There’s just so much wrong with this, on every imaginable level.
Warner Bros. Discovery CEO David Zaslav’s 2024 Pay Rises 4% to Nearly $52 Million
Submitted 1 month ago by TheImpressiveX@lemm.ee to movies@lemm.ee
https://variety.com/2025/tv/news/warner-bros-discovery-david-zaslav-pay-52-million-1236367163/
Comments
Reverendender@sh.itjust.works 1 month ago
Wytch@lemmy.zip 1 month ago
And what a bang-up job he’s doing
sittinonatoilet@sopuli.xyz 1 month ago
He is probably only netting $700k a week, poor fella.
ShaggySnacks@lemmy.myserv.one 1 month ago
At $700k a week, how David Zaslav ever survive!?
xyzzy@lemm.ee 1 month ago
Meanwhile, Warner Bros. is considering selling off the rights to Looney Tunes.
TachyonTele@lemm.ee 1 month ago
Im honestly surprised they haven’t sold almost everything off yet. This guy is a vampire. He’s ruined multiple other entertainment companies before.
pdxfed@lemmy.world 1 month ago
And then one day the shareholders will wonder why they GE or Boeing or Sears.
Short-termism can be seen not only in corporate raider practices but embedded into “best practices” of management since the 80s. Sell anything for a short-term stock boost, bail before it implodes, the vacuum left behind us someone else’s problem. It’s wild that boardrooms, having this as fully visible, aren’t structured to have longer-term incentive pay packages. Pay them what they make now but have it wholly depend on variables outside of stock price. Do the right things and success often follow, it’s when “investors must be satisfied” becomes the management guidance that it all turns to shite.