Time Warner Paid Chairman & CEO Jeffrey Bewkes $26 Million In 2010

COMMENTS (26)

• Congratulations Jeff!! Think about it … if you lay off twice as many people this year, you can make even more money!! And thank you for my 40% pay cut this year … I’m happy to do anything I can to help the industry during this terrible recession!

  Comment by Leonard Braddock — Tuesday March 29, 2011 @ 11:33pm PDT  Reply to this post

  • You are so right. Makes me sick to see this.

    Comment by ex-TW employee — Wednesday March 30, 2011 @ 12:02am PDT  Reply to this post

• Fuck.

  Comment by fredo p — Tuesday March 29, 2011 @ 11:36pm PDT  Reply to this post

• But seriously folks … WAKE UP!! Union concessions? Layoffs and pay cuts in the name of the terrible recession … and Bewkes, Moonves, etc all keep getting richer and richer. We cannot take this anymore! Defend your rights for your fair share. Don’t listen to the propaganda. Arm yourselves with FACTS. If you are asked to take a pay cut or give concessions, tell them to STUFF IT!

  Comment by Leonard Braddock — Tuesday March 29, 2011 @ 11:37pm PDT  Reply to this post

• this is the same d-bag who thinks the widow of the man who created superman deserves nothing when they make another superman film. WTF is wrong with this country!?

  Comment by george — Tuesday March 29, 2011 @ 11:41pm PDT  Reply to this post

• He deserves all that money because of all the hard work he does creating things. Oh, wait, he doesn’t make ANYTHING, he just rubberstamps the decisions of people below him.

  I guess he deserves all that money instead for all the hard work he’s doing trying to cheat the creators (and heirs) of Superman?

  Oh, but the WGA/SAG/DGA all have to take massive cuts this year because the AMPTP are doing SO poorly that they’re only making enough to kick an extra $14 million to their CEOs.

  America is a great place. If you’re rich.

  Comment by Gobsmacked — Tuesday March 29, 2011 @ 11:51pm PDT  Reply to this post

• Nice to know he made all that money after laying me off and I went off and had to take a job with a $20K pay cut.

  Congratulations Jeff. Way to cut the fat from corporate.

  Comment by DR — Tuesday March 29, 2011 @ 11:58pm PDT  Reply to this post

  • Exactly.

    Comment by ex-TW employee — Wednesday March 30, 2011 @ 12:04am PDT  Reply to this post

• Seriously, where the hell are the unions at? Writers are no longer selling scripts, they are optioning them. then doing multiple free re-writes then crossing their fingers. Directors are being held hostage on projects while these a-holes who fail upwards make tens of millions every year! Les Moonves is so useless! Have you been paying attention to the CBS films slate?

  These unions work with the amptp the same way pro athletes work with the owners only they get paid so much fucking less that it’s a joke. The wga went on strike 3 years ago and came back for a shit deal that only benefitted the shitty wga leadership, who are mostly non-writers. That weak-ass strike set writers back 20 years! Now you have this mindless nitwit making $26 million a year for what? What a fucking joke! This town is in trouble folks and if the unions don’t wake the fuck up it’ll all be over soon.

  Comment by unioneswhereyouat? — Wednesday March 30, 2011 @ 12:00am PDT  Reply to this post

  • John Welles, president of the WGA has a big fat development deal with TIME WARNER.
    The President of WGA is a producer/director who gets his paycheck from Jeff Bewkes.
    The WGA elected this chicken to guard the henhouse.
    Open your eyes WGA members!
    Are the members of the WGA so damaged that they ask a guy whose one of them to look out for their best interests?
    Writers are very naive and trusting people and John Welles has abused their trust mightily in the name of his own advancement.
    Artists need lawyers to represent them. A David Boies kind of lawyer. Not a writer turned producer/director.

    Comment by Killer Joe — Wednesday March 30, 2011 @ 1:12am PDT  Reply to this post

  • Very WELL said. Unions are in deep shit. And I can’t believe writers, directors and the whole Hollywood workers do nothing about it. This is crazy, absolutely insane and totally unfair. How can you trust unions anymore? How can you let the suits go with it? Wake up!

    Comment by Truman — Wednesday March 30, 2011 @ 4:51am PDT  Reply to this post

    • The truth about the WGA is it will only have leverage when it creates a strike fund from the richest 100 writers in the business. Guys who can all afford to contribute 500k each. From this you make a 50M strike fund that working writers (75-200k year) would be allowed to draw from on a monthly basis to cover rent, food, car payments, kids tuition, etc…

      Most importantly the money DOES NOT have to be re-paid. You want to scare the hell out of the AMPTP? Create a real scenario where working writers can stay out on strike a year without fear of losing their homes.

      The last strike had no teeth because the strike fund had to be paid back. No one wanted to fall so far in debt.

      I know this is far fetched to think these top 100 writers would pony up for a fund like this, but it really is the only way to keep the union together.

      Comment by Somewhere under the Meadowlands — Wednesday March 30, 2011 @ 7:34am PDT  Reply to this post

• fuck this.

  Comment by cameron — Wednesday March 30, 2011 @ 12:02am PDT  Reply to this post

• About what Charlie Sheen was making over there.

  Comment by Win Eng — Wednesday March 30, 2011 @ 12:17am PDT  Reply to this post

• Here is a similar story

  The regulatory filing mentioned several factors that the entertainment giant’s considered to determine performance bonuses for Bewkes, including his leadership in the company’s execution of its key strategic objectives. He also “provided strategic direction regarding the digital transitions at each of the company’s divisions” and “continued to increase the strategic and operating coordination between the company’s business units,” such as via a digital partnership in sports Web sites between the Time Inc. magazine unit and TV networks arm Turner, the filing said.

  Comment by Trademark Litigation — Wednesday March 30, 2011 @ 12:30am PDT  Reply to this post

• The way you guys are talking, you’d think Time Warner’s only business was Warner Bros studio business.

  Comment by brick — Wednesday March 30, 2011 @ 12:32am PDT  Reply to this post

• How nice. Let’s see– WB gutted. New Line, reduced to almost nothing. Fine Line, gone. Warner Independent, gone. And Nikki constantly praised Bewkes for being “ballsy.” Go figure.

  Comment by Jack Burton — Wednesday March 30, 2011 @ 12:58am PDT  Reply to this post

• Bewkes could not have gotten where he got without the help of SAG leadership, Ken Howard, Amy Aquino, Ned Vaughn, Mike Hodges and their puppet master Richard Masur and their counterpart scum at AFTRA. Actors wake up. These people are ruining you.

  Comment by Simon — Wednesday March 30, 2011 @ 1:58am PDT  Reply to this post

• This rich are different that you and me.

  Comment by FSF — Wednesday March 30, 2011 @ 4:39am PDT  Reply to this post

• Yeah, the problem isn’t this country, man. The problem is lack of spine from Guilds. But, if the Guilds show any spine and threaten to strike, then every whines about productions getting shut down and job loss.

  I don’t fault this dude for making his bank. He’s doing what he was hired to, and doing it well. Spreadsheetwise, anyway. Businesses exist to make profits, not to give jobs. Jobs are a by product of the pursuit of profit.

  If you think you’re entitled to a larger slice, go for it. I’m behind you. Truly, I am. Because, I agree that Actors/Writers/Directors need better contracts. But, focus on the real problem…

  …people who whine about this kind of stuff, but don’t have the courage to actually fight the fight.

  Comment by Apple Joe — Wednesday March 30, 2011 @ 8:21am PDT  Reply to this post

• It’s really not that much. After taxes it $12 million. For all that he does. All the sacrifice etc., $12 million in today’s world is beans.

  Comment by Delihead — Wednesday March 30, 2011 @ 9:38am PDT  Reply to this post

  • Then I’ll have a small portion of beans, please. Moron.

    Comment by Leonard — Wednesday March 30, 2011 @ 11:06am PDT  Reply to this post

• I’m happy to do my part and fly coach so that he can fly private more often. Thanks SAG negotiators!

  Comment by actor — Wednesday March 30, 2011 @ 10:53am PDT  Reply to this post

• Since we’re venting: The last two Christmases, we got unexpected memos telling us that because of the company’s strong performance, we could take the week between Christmas and New Years off, with pay. Yet, despite my being accounted for in the annual budget as an independent contractor scheduled to work that week, I was told that the memo I received didn’t apply to me, so I’d have to stay home and lose that week’s wages. Really? I was brought in for a 6-month assignment … that was 4 years ago. That tells me I must be doing something right, despite the fact I’m not entitled to paid vacation days, paid sick days, or even paid legal holidays. I’ve accepted that, and even accepted that all my collegues get a year-end bonus, but not me. But after 4 years of dedicated service, the denial of that paid Christmas-week means the company’s not just avoiding a payout, they’re actually TAKING MONEY AWAY that I should’ve rightfully earned. Ho ho ho, right?

  I love working here, and I love the company, but yeah… the hipocrisies are mind-boggling.

  Comment by WBTV grunt — Wednesday March 30, 2011 @ 12:36pm PDT  Reply to this post

  • Lame. Thanks for sharing your story. Old trick for a corporation … hire a “temp” contractor, then keep them around as a “temp” for years. Don’t get me wrong … it’s great they have kept you working … but at some point there is a right thing to do, and that thing is to make you part of their team.

    Curious … have you requested to be hired full-time? Obviously, they won’t do it until pressed to do so … and of course you have to want to …

    Comment by Leonard — Wednesday March 30, 2011 @ 2:56pm PDT  Reply to this post

• And I bet even HE gets crappy cable service from TWC.

  Comment by carthy — Thursday March 31, 2011 @ 12:21am PDT  Reply to this post