Warner Bros Discovery Unveils $38.7 Million Transaction Bonus Program for Key Employees

Reuters06:07

Warner Bros Discovery Unveils $38.7 Million Transaction Bonus Program for Key Employees

Warner Bros. Discovery Inc. has introduced a transaction bonus program with a total pool of $38.7 million to reward selected key employees, potentially including executive officers other than the CEO, for their contributions related to the company's planned merger with Netflix. Individual award amounts for employees who will support the SpinCo business after the separation may reach up to 150% of base salary and are contingent on continued employment through the closing of the merger. For certain executive officers supporting the new company, award amounts will be determined in consultation with Netflix.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Warner Bros Discovery Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-309873), on December 05, 2025, and is solely responsible for the information contained therein.

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Discovery</a> Inc. has introduced a transaction bonus program with a total pool of $38.7 million to reward selected key employees, potentially including executive officers other than the CEO, for their contributions related to the company's planned merger with Netflix. Individual award amounts for employees who will support the SpinCo business after the separation may reach up to 150% of base salary and are contingent on continued employment through the closing of the merger. For certain executive officers supporting the new company, award amounts will be determined in consultation with Netflix.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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Discovery Inc. has introduced a transaction bonus program with a total pool of $38.7 million to reward selected key employees, potentially including executive officers other than the CEO, for their contributions related to the company's planned merger with Netflix. Individual award amounts for employees who will support the SpinCo business after the separation may reach up to 150% of base salary and are contingent on continued employment through the closing of the merger. For certain executive officers supporting the new company, award amounts will be determined in consultation with Netflix.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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