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Bonus Targets

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business7 months ago

Shareholders Reject Warner Bros. Discovery CEO's 2024 Bonus Amid $11.5 Billion Loss

Despite Warner Bros. Discovery's significant financial losses in 2024, CEO David Zaslav received a pay increase, including a cash bonus and stock grants, due to meeting certain financial and strategic goals such as EBITDA, streaming subscribers, cost savings, and successful negotiations with the NBA, which justified his compensation package.