Submitted by MarvelsGrantMan136 t3_126090e in television
Comments
justarand0mstan t1_je6uncv wrote
This guy is such a joke.
He can take his reality tv and shove it up his a**.
$40m for the year they had (and are about to have?)? lol
Responsible-Lunch815 t1_je6v1bh wrote
that's a nice little paycut from the $246 mill he got in 2021. Poor guy.
Responsible-Lunch815 t1_je6v4e9 wrote
pretty much.
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justarand0mstan t1_je6vm4q wrote
He's probably on a strict coupon shopping program and a SPAM heavy diet to make up for it.
DigiQuip t1_je6xfrg wrote
Probably my most hated TV executive. Which is a weird thing to have in the first place.
neekeri_420 t1_je6xzwf wrote
It's not really a success, it's a MASSIVE failure. His previous salary was $246 mil.
He'll be fired soon if he keeps this up.
root_fifth_octave t1_je6zp2h wrote
We should add some extra tax brackets. Right now it's 37% on anything over $539,900.
bros402 t1_je7037w wrote
Most hated of all time, or most hated current one?
Crafty-Antelope1244 t1_je7249e wrote
I mean this years got some good potential flash is amazing from everything we’ve heard , evil dead looks good, dune will be fantastic and get a bump, the color put on and Wonka have potential , aquaman 2 might based on reports might be bad but first movie did a billion dollars so this won’t bomb , and Barbie has amazing talent behind it this years got a lot of potential for them
Doc_Toboggan t1_je7aniz wrote
I'm pretty sure all of those were in development before he came along.
Col_Irving_Lambert t1_je7btis wrote
I sorta feel like Batgirl would have made more than this. Fitting.
[deleted] t1_je7c4w0 wrote
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DigiQuip t1_je7cg0g wrote
Please don’t remind me. I refuse to watch that piece of shit play and I’m so disappointed in Cleveland for signing him.
Less_Tennis5174524 t1_je7emtf wrote
Most likely he will be paid via a personal holding corporation and then pay himself via dividends to reduce the tax burden.
If he really wants to reduce taxes he will just take loans and only take personal income to pay off the interest. Its called "borrow and die" and its how the ultra rich basically avoid paying taxes.
Schemes like these are why the tax rate of personal income is irrelevant for the rich, they dont pay it at all.
ShopperOfBuckets t1_je7f8f3 wrote
what wasn't? It's been a year
ShopperOfBuckets t1_je7fcj8 wrote
Hope to see a lot of success in WBD's future, for competition's sake.
LeeroyTC t1_je7ja2n wrote
Discovery is based in New York which has its highest state tax brackets that start $1 million, $5 million, and $25 million.
[deleted] t1_je7jlwv wrote
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USFederalReserve t1_je7ko9f wrote
Because reddit likes to forget that publicly owned companies have a non-negotiable fiduciary obligation to maximize profits for shareholders. If they don't, leadership replaces them with someone who will.
People think leadership is disconnected from what the audiences want but in reality it's the audiences that are disconnected from the business operation and how it works.
Valiantheart t1_je7lqfd wrote
Hell that salary would have covered releasing that terrible Batgirl movie they shitcanned
HopsAndBrains t1_je7mr8f wrote
He might have to get a second job like the rest of us peasants
Caleb902 t1_je7pn1j wrote
Think if I write a letter asking him to pay my student loans I could get a hit?
Assassin_by_Birth t1_je7rl66 wrote
Fuck this guy. He doesn’t deserve a pot to piss in.
[deleted] t1_je7rnhe wrote
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Va1crist t1_je7t51l wrote
fuck these for damn CEOs
spinereader81 t1_je7t98z wrote
Such an awkward smile he has there. 😬
Phullonrapyst t1_je7tnyd wrote
He's a fucking idiot who has been nothing but bad news since he started.
Phullonrapyst t1_je7tyu9 wrote
A desperate franchise chasing a sexual predator... there is something meta going on in there I think.
[deleted] t1_je7uyed wrote
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[deleted] t1_je7wi9y wrote
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low-ki199999 t1_je7y2ti wrote
I don’t disagree with a lot of what you said, except Aquaman 2. That movie is not going to make anything near what the first made. It’ll be a bigger drop off than Shazam 1-2.
RockerElvis t1_je80sbw wrote
It’s hilarious that his previous salary makes his current $39 M salary look like he is giving a deal. Maybe paying your executives such high salaries while claiming that you are tightening your belt is a problem.
Crafty-Antelope1244 t1_je83172 wrote
Why downvote me it’s objectively has the potential to be a good year I’m not saying wether his payment is justified I’m just saying the slate looks good this year movie wise they could all bomb for all I know
Hawkbats_rule t1_je849dy wrote
Ike got fired, so he doesn't even have real competition anymore.
cthd33 t1_je87872 wrote
He must have a side gig as a Uber driver to make extra income.
[deleted] t1_je8950k wrote
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reddig33 t1_je8a4de wrote
This guy reminds me of Louis Dejoy.
reddig33 t1_je8a7mp wrote
Pleasing the shareholder = short term gain.
Pleasing the customer = long term gain.
reddig33 t1_je8ab6i wrote
Could’ve shaved off a few more millions in debt by laying himself off.
DaveSilver t1_je8c2ng wrote
Total compensation
formicatile t1_je8j4ug wrote
No, his salary was not anywhere close to $246 million.
TheBeTalls t1_je8klrp wrote
That includes bonuses though.
KonoPez t1_je8m79g wrote
He tried to adjust his personal finances but he misunderstood the advice “cut back on subscription services”
horseren0ir t1_je8mplf wrote
He paid off 7 billion in debt last year, he’s doing fine with the board
downonthesecond t1_je8n1x2 wrote
We all need to be CEOs.
frenin t1_je8qvsi wrote
Salary ≠Total compensation.
Can't see why this is upvoted.
Benny-Harvey t1_je8rtl5 wrote
You really think this kind of person wouldn't do something to dodge paying them anyway?
11eagles t1_je8x578 wrote
Pay package refers to total compensation so while he used the wrong term the comparison is valid.
ltmkji t1_je8yiml wrote
fuck this guy. he's a fucking idiot and has no business being anywhere near hollywood. sincerely, someone who has had a bunch of friends laid off because he's a fucking idiot.
huskersax t1_je8zut6 wrote
It's also why they make such a big deal out of trying to end the estate tax. It's their specifically to make sure Uncle Sam theirs one way or the other.
Crafty-Antelope1244 t1_je92lo8 wrote
Wow some of you are so on rich guy hate mode you can’t objectively look at a movie slate and say the year has potential 😂 what sad pathetic lives that must be to be blindly ignoring fact because we hate a guy
[deleted] t1_je93y4q wrote
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Gabagool1987 t1_je9718f wrote
The only thing hes done wrong is cancelling the new Burton Batman series. WB was rotten to the core when he came in.
TheDeadlySquid t1_je97r5y wrote
How do these CEOs ever survive?
PowerfulCar7988 t1_je9ioeu wrote
Do big brain move. Lay off ceo. Keep 400 useful employees earning 100K.
freeformz t1_je9qinx wrote
Wait, I thought this company needed to cut back and save money?
petepro t1_je9qutr wrote
Well he save them 7bil, so they give him 39mil. LOL
anxietyandink t1_jea1o5x wrote
Somehow he looks exactly like grown up Eric Cartman
Measter2-0 t1_jea318g wrote
If I made $39m in a year I would quit after 3 months and you'd never see me again.
Maelstrom52 t1_jebzqzm wrote
So, based on the article, the main thing that Zaslav achieved was reducing debt load (by eliminating the need for outside financing) and increasing free cash flow. For people in finance, what would be the benefit, from WBD's perspective, from reducing debt load? Does it mean that they generate higher profit yields from projects or is there some tax or other reason why this would be important to a company like this?
amidead32 t1_je6ufu6 wrote
Love seeing success for the little guy