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WarnerMedia CEO Jason Kilar Pay Package Worth About $17 Million Annually

WarnerMedia CEO Jason Kilar Pay Package Worth About $17 Million Annually
Todd Spangler, provided by
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Jason Kilar, who has served as CEO of WarnerMedia since May 2020, has a compensation package worth about $17 million per year in cash and stock, according to a regulatory filing.
Kilar’s base annual salary is $2.5 million, plus $2.5 million in short-term target bonus and $12 million in vested stock grants per year, according to AT&T’s proxy fling Thursday. The exec’s total realized compensation in 2020 was $2.92 million.
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When Kilar was hired, AT&T granted him restricted stock valued at $48 million, which will vest over a four-year period (from 2021-24). The telco listed his total comp for 2020 at $52.17 million, even though he can’t get his hands on most of that until his stock units vest. ....

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Hollywood Losing $10 Billion Annually to Racial Inequality, New Study Shows

Hollywood Losing $10 Billion Annually to Racial Inequality, New Study Shows
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Adam B. Vary, provided by
March 11, 2021
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The pervasive issues of systemic racial inequality are costing the entertainment industry roughly $10 billion a year, according to a new study released on Thursday by McKinsey and Company. In a six-month study of the barriers facing Black professionals within the film and TV industries looking primarily at the years between 2015 and 2019 McKinsey found that addressing racial inequities in who makes content and how that content is marketed and distributed could result in a 7% increase in annual revenues across the board.
The findings which drew in part from studies by UCLA and USC, as well as data from ....

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Stop AAPI Hate: Industry Heavyweights, Activists On Hollywood's Responsibility

Stop AAPI Hate: Industry Heavyweights, Activists On Hollywood s Responsibility
Matt Donnelly, provided by
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Flabbergasted on a Zoom call, “Nomadland” director Chloe Zhao accepted the Golden Globe for best director on Sunday night. Between gratitude and marveling over the historic moment, as the first person of Asian descent and second woman ever to win the prize, came a somber question.
Zhao was asked for her thoughts on increased violence against Asian American Pacific Islander communities in America, an abhorrent trend of hate crimes in the past months that only began to gain national media attention recently thanks to celebrity outcry and the social media reach of activists like Nobel prize nominee Amanda Nguyen. ....

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