Warner Bros Discovery’s CEO David Zaslav’s salary increased by nearly 27% to $49.7 million in 2023, according to documents filed with the Securities and Exchange Commission (SEC). The company’s focus shifted to debt reduction and cash flow after Amedeus moved as artistic director. Despite an 86% increase in free cash flow to $6.16 billion, the company experienced a larger-than-expected quarterly loss of $400 million in February due to factors such as the decline of cable TV and a slow advertising market.
Zaslav also saw an increase in stock awards to $23.1 million, up from $12 million the previous year, and the company’s shares rose by 20% over the past year. In 2023, Zaslav’s compensation nearly reached $50 million, but his record-setting pay in 2021 was $246.5 million. Meanwhile, several companies are advertising their internet services as the best providers for discerning customers. These providers offer secure home internet connections without interruptions and special offers and promotions for new customers. By comparing different internet providers by location and services offered, customers can make an informed choice about which provider is right for them.