is shifting its corporate focus to generating free cash flow and reducing its debt load, and it wants its top executives on the same page.
The company on Monday said it will be tweaking its compensation packages for top executives, offering bonuses in the form of performance stock units based on their success in generating cash and helping the company reduce its leverage. “The changes to the Warner Bros. Discovery executive compensation program are designed to further incentivize Company employees, including members of its leadership team and others whose efforts are critical to achieving the key near-term financial objectives of increased free cash flow and reduced leverage,” said WBD board chairman Samuel A. Di Piazza, Jr. in a statement to.
Hang on, they are paying how much in BONUSES but couldn’t actually afford to market Shazam and Aquaman 2 and had to delay them? I get the impression WB couldn’t find their arse with both hands at the moment.
More people will find other sources of entertainment since Warner Bros. Discovery and others show no respect for media or for us consumers who wants to see a finished product and the creatives in this industry, many who are now on their knees struggling thanks to David Zaslav
'We're proudly destroying media and what's left of consumer trust enraging everyone on the planet and don't care about the creatives in this industry, their livelihoods, impending writers strikes or any of that'
Why does the stock look like shit then Lmao
I am debating between buying a yacht or a golf course. richpeopleproblems
This is a great look after slashing projects. Fewer productions, more money for us!
😡😡😡 Employees at WBD should be absolutely livid!
Disgusting.
Meanwhile,at SAGAFTRA, unite4strength UnionBosses are polishing up another year of rhetoric about intense financial pressure under which amptp studios are struggling & RANK&File actors have to accept less in another in a decade-long series of giveback contracts. VoteThemOut
meanwhile wbpictures fired hundreds of people that could easily have been paid using this money, but whatever. let them eat cake or whatever.....
firedavidzaslav renewfinalspace releasescoobholidayhaunt releasebatgirl leavehbomaxalone spreadtheword wb100 warnerbros If anyone is going to be attending any events relating to WB's 100th anniversary PLEASE start a non-violent riot
Best Advice: Go indie instead and never work at corporate studios.
tweakit
Isn’t that how all executives should be paid?
Talk to my stock price $WBD
Freed up money from no Batgirl