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amidead32 t1_je6ufu6 wrote

Love seeing success for the little guy

261

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

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DigiQuip t1_je6xfrg wrote

Probably my most hated TV executive. Which is a weird thing to have in the first place.

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root_fifth_octave t1_je6zp2h wrote

We should add some extra tax brackets. Right now it's 37% on anything over $539,900.

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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

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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.

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ShopperOfBuckets t1_je7fcj8 wrote

Hope to see a lot of success in WBD's future, for competition's sake.

2

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.

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Valiantheart t1_je7lqfd wrote

Hell that salary would have covered releasing that terrible Batgirl movie they shitcanned

2

Caleb902 t1_je7pn1j wrote

Think if I write a letter asking him to pay my student loans I could get a hit?

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.

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reddig33 t1_je8a4de wrote

This guy reminds me of Louis Dejoy.

2

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.

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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.

0

PowerfulCar7988 t1_je9ioeu wrote

Do big brain move. Lay off ceo. Keep 400 useful employees earning 100K.

4

freeformz t1_je9qinx wrote

Wait, I thought this company needed to cut back and save money?

1

anxietyandink t1_jea1o5x wrote

Somehow he looks exactly like grown up Eric Cartman

1

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.

2

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?

2