Latest news with #DirtyJobs'
Yahoo
18 hours ago
- Business
- Yahoo
Warner Bros. Discovery Shareholders Reject David Zaslav's $51.9 Million Pay — But It's a Symbolic Vote
Shareholders of Warner Bros. Discovery have voted to reject the 2024 compensation packages of its top executives, including CEO David Zaslav. WBD held its annual meeting Monday, and shareholders voted down a 'Say on Pay' vote by a margin of 1,063,214,128 votes to 724,453,004 votes. Zaslav's 2024 compensation package rose to $51.9 million. More from The Hollywood Reporter 'Dirty Jobs' Host Mike Rowe Sues Discovery Over Denying Streaming Royalties Bank of America Still Sees Upside In a Warner Bros. Discovery Split Warner Bros. Discovery Credit Rating Cut to Junk Bond Status on Linear TV's Decline The vote is symbolic in nature, as the vote is nonbinding, however other companies in the media and entertainment space have adjusted their compensation plans in the wake of shareholder rejection of pay packages. Netflix, for example, made significant changes to its executive compensation after its shareholders rejected its executive compensation in 2023. AMC Theatres shareholders had also rejected CEO Adam Aron's pay package that same year. The entertainment business is among the industry's with the highest total executive compensation among sectors. At the 2024 annual meeting, shareholders had only just barely approved WBD's executive pay packages, and this year Institutional Shareholder Services, an influential shareholder advisory firm, recommended that shareholders reject the pay packages, 'in light of inadequate responsiveness and an unmitigated pay-for-performance misalignment.' In a statement following the vote, the Warner Bros. Discovery board said it 'appreciates the views of all its shareholders and takes the results of the annual advisory vote on executive compensation seriously. The Compensation Committee of the Board looks forward to continuing its regular practice of engaging in constructive dialogue with our shareholders.' Best of The Hollywood Reporter How the Warner Brothers Got Their Film Business Started Meet the World Builders: Hollywood's Top Physical Production Executives of 2023 Men in Blazers, Hollywood's Favorite Soccer Podcast, Aims for a Global Empire Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
18 hours ago
- Business
- Yahoo
Warner Bros. Discovery Lays Off Staffers Across Cable Channels
Warner Bros. Discovery is undergoing a new round of layoffs. The job cuts, which are numbered in the double digits but described to The Hollywood Reporter as being well under 100, come across the company's linear cable groups. No particular channel was affected more than others, a person with knowledge of the layoffs said, and no specific function was targeted. More from The Hollywood Reporter 'Dirty Jobs' Host Mike Rowe Sues Discovery Over Denying Streaming Royalties Warner Bros. Discovery Shareholders Reject David Zaslav's $51.9 Million Pay - But It's a Symbolic Vote Disney Lays Off Several Hundred Employees in Cost-Cutting Measure In December 2024, Warner Bros. Discovery took steps toward spinning its cable channels away from its studio and streaming businesses, a la NBCUniversal and the newly created Versant. A reorg at WBD created a global linear TV division, which is the one impacted today. The new corporate structure aims to bolster its 'strategic flexibility and create potential opportunities to unlock additional shareholder value,' the company said back then. 'Since the combination that created Warner Bros. Discovery, we have transformed our business and improved our financial position while providing world class entertainment to global audiences,' WBD president and CEO David Zaslav said at the time. 'We continue to prioritize ensuring our global linear networks business is well positioned to continue to drive free cash flow, while our streaming and studios business focuses on driving growth by telling the world's most compelling stories. Our new corporate structure better aligns our organization and enhances our flexibility with potential future strategic opportunities across an evolving media landscape, help us build on our momentum and create opportunities as we evaluate all avenues to deliver significant shareholder value,' Zaslav added. In May, CNBC's David Faber reported that a NBCU/Versant-like split for WBD was 'imminent.' Well, that hasn't happened — not yet at least. Cable television still generates cash for companies, but the value is dwindling fast. The jewels in a media-company's crown these days (and for the future) are their studios and streaming services. Earlier this week, Disney laid off several-hundred employees. A week or so prior, Disney's ESPN slashed 300 jobs. In March, about 6 percent of Disney Entertainment Networks and ABC News staffers were let go. Best of The Hollywood Reporter 'The Studio': 30 Famous Faces Who Play (a Version of) Themselves in the Hollywood-Based Series 22 of the Most Shocking Character Deaths in Television History A 'Star Wars' Timeline: All the Movies and TV Shows in the Franchise Errore nel recupero dei dati Effettua l'accesso per consultare il tuo portafoglio Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati
Yahoo
7 days ago
- Business
- Yahoo
Peter Schiff Agrees With Trump That College Isn't Worth It For Most. His Fix? Scrap The Minimum Wage And Let Kids Learn Trades On The Job
Euro Pacific Asset Management Chief Economist Peter Schiff is siding with President Donald Trump when it comes to higher education: college just isn't worth it for most people. In a recent post on X, Schiff said, 'Trump is right about colleges being a waste of money for most people. Trade schools make a lot more sense for high school grads who are not really academically inclined. Better yet, abolish the minimum wage so kids can get on-the-job training as apprentices for skilled craftsmen.' Don't Miss: Invest where it hurts — and help millions heal:.Schiff's post sparked debate not just for agreeing with Trump, but for going a step further by calling for the elimination of the minimum wage. His argument is that the barrier keeps young people from getting hands-on work experience under the guidance of experienced tradespeople. Instead of spending tens of thousands on a degree they may not use, Schiff believes teenagers could be earning while learning useful skills on job sites, in workshops or in vocational programs. This isn't the first time Schiff has criticized the traditional education system. He has long argued that college degrees have been oversold as the only path to success while crowding out more practical, hands-on careers. Trending: Maximize saving for your retirement and cut down on taxes: . Schiff's take lines up with new data showing younger generations are becoming increasingly skeptical of college. According to a March survey by Indeed and The Harris Poll, 51% of Gen Z workers with a degree said it wasn't worth the money. Only 20% of Baby Boomers felt the same. Rising tuition, student debt, and a flattening college wage premium have all contributed to this shift in thinking. The financial burden is real: 52% of survey respondents said they graduated with student debt. Millennials had it even worse, with 58% still carrying loans. Nearly four in 10 respondents said their debt hurt their careers more than their degree helped. Even more telling, 68% of Gen Z grads believe they could do their current jobs without having gone to college. That's compared to 64% of Millennials and just 49% of Boomers. Meanwhile, employers are responding too. A 2024 report showed that over half of job listings on Indeed no longer ask for a college Rowe, host of the TV show 'Dirty Jobs' and head of the Mike Rowe Works Foundation, has been making this case for years. Speaking to Fox Business last week, Rowe said, 'It is early for a victory lap, but as you know, I have been beating this drum for 16 years.' He supports Trump's push to defund elite universities and redirect those funds into trade programs. 'If I had to choose between should Harvard get $3 billion or trade schools in that world—trade schools,' Rowe said. But he also added that not all trade schools are equal, and they should be evaluated just like universities. Rowe warned that the stakes are high. He said he recently got a call from the maritime industrial base looking to hire 140,000 tradespeople over the next decade. The energy sector is also booming, with massive demand for workers to build data centers and support the country's digital infrastructure. His message to graduates? 'If you have a skill that's in demand and you're hungry, if you are willing to get up early, stay late and go to where the work is... you are going to crush it.' Read Next: Many are using retirement income calculators to check if they're on pace —Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article Peter Schiff Agrees With Trump That College Isn't Worth It For Most. His Fix? Scrap The Minimum Wage And Let Kids Learn Trades On The Job originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
Epoch Times
05-05-2025
- Entertainment
- Epoch Times
Dana Perino's Book on Mentoring Is a Must-Read for Everyone
Commentary Dana Perino has a superpower. It is a special gift that has nothing to do with her position as a Fox News anchor or her former role as press secretary for former President George W. Bush. Instead, it has everything to do with her ability to guide young people as they navigate the minefields of their professional and personal lives. In short, Perino is a mentor. The Colorado native said the role is more than a calling; it's a vocation, something Perino realized about herself when writing her new book, 'I Wish Someone Had Told Me ...: The Best Advice for Building a Great Career and a Meaningful Life.' 'I learned quite a bit about myself writing this book, including where curiosity and self-awareness led me,' Perino said in an interview with the Washington Examiner. 'I've also found that one of my hobbies is mentoring. I actually really love it and I feel strong in my convictions about my advice, like the chapter of Dana's do's and don'ts. These are my tried-and-true pieces of advice I give to young people,' she said. Perino said her 'do's and don'ts' stick with her mentees. 'Don't wear Uggs in the office. Watch your exclamation points when talking. These points are so important to me because I am convinced that if young people don't put the brakes on, they will not get the job or the promotion. They will not be chosen to speak in front of the client. And it's holding them back and they don't even know it because it's just a way they speak amongst each other,' she said. Related Stories 4/11/2025 3/11/2025 Perino added, 'It is incumbent upon us as mentors, their managers, their friends, or their family, to gently pull them aside and say, you might not even realize this is happening.' Perino's book is a kaleidoscope of sensible advice, filled with pragmatic answers for young people looking for a way to design and ultimately navigate a career path from the day they graduate from college, technical school or high school. Perino speaks candidly of the advice she has received over the years from powerful figures in the military, government and corporate world. She includes moving stories from a wide variety of people that include country singer Dierks Bentley, Tunnel to Towers CEO Frank Siller, former 'Dirty Jobs' host Mike Rowe and fellow Fox News friends and colleagues Bill Hemmer, Greg Gutfeld, Jesse Watters and Martha MacCallum. Perino admits there are people who are not mentorable, in part because they want instant gratification. 'They come to me and they just want the shortcut. They want me to tell them exactly what to do, and then they think, OK, if they do these three things, then they will become the White House press secretary, and my point to them is actually, no, that's not how it works,' she explained. Perino said one of the great things about this book is that a young friend of hers, Lauren Fritts, is listed as someone who has gone from mentee to mentor as her career has blossomed. That obligation is the underlying lesson from the book. Perino said when Bari Weiss of The Free Press asked if the book is actionable for everyone, she realized maybe it is not. 'I see the reader as someone who is ambitious, maybe starting in their high school years, and then they're graduating high school, they're in college, they're getting ready to come out of college all the way up through probably around age 45 or so in terms of advice you can take from this book and then act upon,' Perino said. 'If you're looking for the easy way out, this book's probably not for you. And that's OK; if you are going to be successful, for example, you have to be in charge of your own health. You can't outsource that. You can't wait until you're 50 to think about it. You have to actually make a commitment to yourself early on,' she said of something she is very honest about not doing when she was the White House press secretary. 'I paid a price for it, and it took me a long time to get over that. And becoming more healthy takes time to achieve and work to maintain,' Perino said. The advice in the book is ageless. In an era when people reimagine their lives pursuing careers in different industries, you still have to land a job in that new industry, you still need to remember the importance of clinching that first impression, and that professionalism requires a professional decorum. Perino said her 'meet my mentors section,' which included yours truly, was written with great affection. 'I feel so much gratitude for the people I work with and have come to know. They are part of this journey of my life. And that's wonderful to me.' Tidbits such as her friend Mora Nielson's advice to laugh about your life, Lauren Fritts' advice to give yourself grace, and Jessica Tarlov's advice not to worry about things today that may not matter five years from now were some of her favorites. 'That is because all of them are hard to do. I don't always give myself grace. I do worry, and I need to remember to laugh about my life more,' she admitted. Bush remains one of her most influential mentors. He told her if you live a life based on a set of principles, decision-making is less complicated, even if it is unpopular, because you've never strayed from your moral code. Views expressed in this article are opinions of the author and do not necessarily reflect the views of The Epoch Times.
The Hill
14-02-2025
- Business
- The Hill
Mike Rowe: US ‘obsessed with qualifications, certifications'
Skilled trade jobs are in high demand, but the supply of workers remains low, according to one expert. 'This country has become so obsessed with qualifications and certifications,' Mike Rowe, the host of the 'Dirty Jobs' TV show said in an interview with NewsNation's Leland Vittert. 'That's what people are exhausted with.' 'We're desperate to hear something that makes sense,' he told the ' On Balance ' host on Thursday. His foundation mikeroweWORKS aims to give away $3 million to help train the next generation of skilled trade workers. What does working a trade job entail? Depending on the industry and program, trade school can be relatively faster and more affordable way to break into a career than college. But hard work goes into mastering a trade. MikeroweWORKS Foundation scholarship recipient Sean Kelly described his five-year plumbing apprenticeship as 'the most difficult thing I have ever done in my entire life.' Kelly wanted to be an organic farmer, but after interning on three farms over five years, he decided he needed to change course. He was working in a butcher's shop when the plumber who would become his instructor for the next five years told him how much money he could earn in the industry. 'I had to show up for day school,' Kelly said. 'I had to show up for work. I had to show up for night school, and by the time I earned my journeyman license, I had a deep sense of pride for what I do as a living.'
