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CNN10: The big stories of Friday 5/16, explained in 10 minutes

CNN10: The big stories of Friday 5/16, explained in 10 minutes

CNN15-05-2025

Today on CNN 10, we find out what California's governor is proposing to combat the growing issue of homelessness in the state. And we'll learn what icky aquatic plant scientists are predicting will crowd beaches along the Atlantic this summer. Then we'll find out why one YouTube star is stirring up controversy for a recent video shot in Mexico, before checking out a rare two headed reptile. All this and more on today's CNN 10!

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Warner Bros. Discovery shareholders reject CEO David Zaslav's pay package
Warner Bros. Discovery shareholders reject CEO David Zaslav's pay package

CNN

time33 minutes ago

  • CNN

Warner Bros. Discovery shareholders reject CEO David Zaslav's pay package

Warner Bros. Discovery shareholders voted on Tuesday to reject the pay packages for several of the company's executives, including CEO David Zaslav's compensation package of more than $50 million. Nearly 60% of the symbolic vote was against the 2024 executive payouts at Warner Bros. Discovery's annual meeting, according to a regulatory filing. The vote is non-binding. Last year, shareholders narrowly approved executive pay, with 53% voting in favor. Warner Bros. Discovery is the parent company of CNN. Zaslav, who has been CEO of Warner Bros. Discovery since 2022, when the company was created by the merger of WarnerMedia and Discovery, Inc., was paid a total of $51.9 million last year, including equity awards and other compensation. Warner Bros. Discovery's stock (WBD) declined 7% in 2024, while media competitor Netflix (NFLX) saw its stock gain more than 80% in 2024 and Disney's stock (DIS) rose 24%. Netflix's co-CEOs, Ted Sarandos and Greg Peters, were paid $61.9 million and $60.3 million last year, respectively, while Disney's Bob Iger was paid $41.1 million. The broader S&P 500 gained over 23% last year. Warner Bros. Discovery did not respond to a request for comment.

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