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Warner Bros. Discovery Revises CEO David Zaslav Employment Agreement to ‘Significantly Reduce’ His Annual Pay After Company Split
WBD CEO David Zaslav will see his pay package take a hit after the proposed separation of Warner Bros. Discovery in 2026, while he's also set to receive millions of new stock options.
‘Rigor Mortis’ Forecast for CNN as Warner Bros. Discovery Slashes CEO David Zaslav’s Pay Package Amid News Channel’s Ratings Collapse
The chief executive of CNN’s parent company, Warner Bros. Discovery, David Zaslav, is expected to get hit with a major pay cut, three years into a disastrous merger of Warner Brothers and Discovery, which was accompanied by a disastrous drop in ratings and revenue for CNN, once considered the crown jewel of the now vanished Time Warner company..
Zaslav’s $52mn pay package for 2024, which exceeded that of his counterparts at Walt Disney and Comcast, was rejected by shareholders in a symbolic vote last month. Warner board members said his new ...
Warner Bros. Discovery's split will put CNN under new leadership, with forecasts of staff cuts and salary reductions as the ...
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