David Zaslav gets an increase in pay after driving WB further into the ground

[a_files06]

After Warner Bros took various cost-cutting measures including turning movies into tax write-offs and refused to pay actors & writers for months, David Zaslav’s 2023 pay package is now at $49.7M, a 26.5% increase from 2022.

(Source: https://t.co/FebtZJSXK0) pic.twitter.com/G3O8wA2Gks
- DiscussingFilm (@DiscussingFilm) April 19, 2024
-Who says the

Comments

[doriiansz]

[lovelylaura23]

Honestly this explains so many of her film roles

[pi_lady]

Enraging but not surprising.

And then people like him will use company funds to cover for personal luxury items or vacations.

[sandstorm]

Remember when there was that (rolling stone?) article about him....that WB got removed, even when it was factual?

[theactualworst]

I feel like Hulu is starting to overtake them now too with their own originals + FX. I watched Conan’s Hot Ones and I appreciated him making fun of the new name. The name HBO carried so much weight I’ll never understand that decision.

[pseudonygma]

If I remember correctly, it had to do with residuals. Changing the company name means that whatever contracted under HBO died along with its corporate name change. This is why I'm so wary of companies demanding so much personal info of its users that cannot be opt-out of; it doesn't matter how "seriously" it handles users' info when it's one corporate name change away from selling everyone's info.

[meadowphoenix]

no, generally there's literally nothing about renaming a company that gets rid of its contractual obligations. many many companies would do it, if that were the case lmao. you'd have to dissolve the company wholesale for that, and even still the rights go somewhere, where they'd still have attendant contractual obligations.

what you might be talking about it is whether debt obligations are dropped when merging two companies as part of a sale/acquisition and a new name is part of the proof that the OG company is "gone", but it's not something you get to pick and choose. you can't drop residuals and keep all of the other contracts (like for actors, writers and directors in current shows). disney tried something similar with Star Wars novelization writers, but that's because they know no one has the same means to sue them as they have to defend suits than that it's legal.

but this is all irrelevant because HBO the company still exists and is still a legal business name and is still the (grand)parent company for Max.

[xdecadentx]

lbr him not paying actors and turning cancelled movies into tax write offs is exactly why he got a pay increase.