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Warner Bros. Discovery CEO David Zaslav’s 2023 Compensation Rises 26.5% to Nearly $50 Million
David Zaslav, president and CEO of Warner Bros. Discovery, had a 2023 pay package worth $49.7 million, up 26.5% from the year prior.
Discovery, had a 2023 pay package worth $49.7 million, up 26.5% from the year prior, according to the company’s 2024 proxy statement filed Friday. In addition, Zaslav’s cash bonus was awarded under his May 2021 employment agreement pursuant to the proposed AT&T deal for Discovery to buy WarnerMedia (which closed in April 2022) under which he agreed to remain CEO of the combined company. That said, in 2023 Warner Bros. Discovery’s linear TV and advertising businesses shrank and its studio revenue dropped 12%, while its direct-to-consumer streaming division eked out a nominal profit for 2023.
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