Warner Bros. Discovery - Trendinginfo.blog

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Reed Hastings’s exit from $455 billion Netflix ‘had nothing to do with’ failed Warner Bros. deal

Ravi Singh15 hours ago04 mins

The 65-year-old cofounder and former CEO of the world’s largest streaming service announced on Thursday that he won’t stand for reelection to the board at the company’s annual shareholder meeting in June, ending a 29-year run at the company he created in 1997. In a statement included in the first quarter investor letter, the billionaire…

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Warner Bros. CEO David Zaslav’s $887 million golden parachute gets ripped by proxy advisory firm ISS

Ravi Singh1 week ago04 mins

An advisory firm that counsels the largest institutional investors on how to vote at shareholder meetings is recommending investors support Warner Bros. Discovery’s $77.7 billion acquisition by Paramount Skydance but is against a golden-parachute proposal that would see executives collect a total of $1.35 billion after the deal goes through. In a report issued on…