The deadline for public companies working on calendar fiscal year to disclose their top executives’ pay made for unfortunate optics.
It fell on April 28, only three days before the current WGA contract with the studios is set to expire tonight, and the parade of eight-figure packages for top executives at some of the same media companies that writers are seeking minimum pay increases from has raised eyebrows.
Amid a media industry reset over the past year, studios have been pointing to the rough times they have been going through while countering WGA’s pay increase proposals, including tanking stocks, layoffs and other cost-cutting measures, inflation and recession fears.
Despite all that, many entertainment CEOs got hefty raises in 2022, with the stream of announcements coming as the WGA-AMPTP negotiations entered their final weeks.
Read more on deadline.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.