Barry Diller Says Executives and Top-Paid Actors Should Take a 25% Pay Cut, Warns of Industry Collapse If Strikes Not Settled by Sept. 1

  • 📰 THR
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 53%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

The media mogul also argued that fears of AI replacing writers and actors are unfounded.

, chairman and senior executive of IAC and Expedia Group and former Hollywood studio chief, says that top executives and the highest-paid stars should take a 25 percent pay cut to narrow the gap between their salaries and those of the folks at the lower end of the pay scale..

“You have the actors union saying, ‘How dare these 10 people who run these companies earn all this money and won’t pay us?’ While, if you look at it on the other side, the top 10 actors get paid more than the top 10 executives. I’m not saying either is right. Actually, everybody’s probably overpaid at the top end.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 411. in AU

Australia Australia Latest News, Australia Australia Headlines