Strictly Business Podcast: Group Nine’s Ben Lerer on How Digital Publishers Deal with Facebook

It’s not easy for any digital publisher to make money in the age of the very powerful platforms that dictate the terms of the content business. Despite the challenges, Group Nine CEO Ben Lerer is sanguine about the future of the digital media eco…

It’s not easy for any digital publisher to make money in the age of the very powerful platforms that dictate the terms of the content business. Despite the challenges, Group Nine CEO Ben Lerer is sanguine about the future of the digital media ecosystem. In the latest episode of Variety‘s “Strictly Business” podcast, Lerer acknowledges […]

Breaking Down the Salaries of Media’s Most Powerful Executives

Before the media landscape gets upended or shareholders take up pitchforks, here’s a breakdown of some of the prominent pay packages from the top ranks of entertainment executives. For more on Variety’s media moolah cover story, click here. LEsli…

Before the media landscape gets upended or shareholders take up pitchforks, here’s a breakdown of some of the prominent pay packages from the top ranks of entertainment executives. For more on Variety’s media moolah cover story, click here. LEslie Moonves chairman, president and CEO, CBS Corp. 2017 compensation median employee compensation pay ratio to median […]

Do Media Chiefs Deserve the Lavish Pay Packages They Rake in?

It’s good to be the king, Mel Brooks famously joked in “History of the World: Part 1.” When it comes to the entertainment business, he was especially right. There’s never been a richer time to wear the crown at the media conglomerates that churn out th…

It’s good to be the king, Mel Brooks famously joked in “History of the World: Part 1.” When it comes to the entertainment business, he was especially right. There’s never been a richer time to wear the crown at the media conglomerates that churn out the world’s most popular television shows and movies. CBS’ Les […]

Discovery Swings To Small Q1 Loss Despite International Growth

Discovery posted a net loss of $8 million in the first quarter, compared with a profit of $215 million in the year-ago period, with the company blaming costs linked to the acquisition of Scripps Networks Interactive and other charges.
Revenue in the qu…

Discovery posted a net loss of $8 million in the first quarter, compared with a profit of $215 million in the year-ago period, with the company blaming costs linked to the acquisition of Scripps Networks Interactive and other charges. Revenue in the quarter hit $2.3 billion, up 14% from a year ago when the Scripps deal and transactions involving OWN and the Enthusiast Network are removed. International, a strong suit of Discovery under current management, posted a 28%…

Discovery Lost Money in Q1 Due to Huge Scripps Deal

Discovery, Inc. lost money in the first quarter of 2018, which is the same period the company completed its near-$15 billion acquisition of Scripps Networks. Thankfully, there are accounting adjustments — and Trump’s new corporate tax plan helped, too.

Wall Street had forecast earnings per share (EPS) of 44 cents on $2.09 billion in revenue, per a Yahoo Finance-compiled consensus. With a ton of money movement available to Discovery accountants due to the Scripps deal, the David Zaslav-led corporation was eventually able to report 53 cents of EPS on $2.31 billion in revenue.

Without any of that Microsoft Excel wizardry, the new HGTV and Food Network owner shed a penny per share, or lost $8 million overall.

Discovery’s revenues rose double digits over the first three months of 2018 thanks in large part to its international rights for the Winter Olympics. Of course, the associated costs from PyeongChang, South Korea skyrocketed as well.

Also Read: Discovery Boss David Zaslav’s Pay Rose Above $42 Million Last Year

“The first quarter of 2018 was a historic and pivotal period for Discovery,” Zaslav said in his prepared remarks accompanying his company’s Q1 financials. “We closed on our transaction to acquire Scripps Networks Interactive, becoming the global leader in real life entertainment and home to an enhanced portfolio of quality and trusted enthusiast brands.”

“As our industry continues to evolve, we are uniquely positioned to maximize the value of our traditional pay-TV business while driving new opportunities and growth from our digital and direct to consumer businesses around the world,” the president and CEO added.

Zaslav and Discovery’s other executives will host a conference call at 8:30 a.m. ET to discuss the quarter in greater detail.

Shares of DISCA stock closed Monday afternoon at $23.39, up 23 cents for the day. The U.S. stock market will reopen for its regular trading day at 9:30 a.m. ET.

Related stories from TheWrap:

Weapon-Making Competition Series ‘Master of Arms’ Heads to Discovery (Exclusive)

Discovery Orders Steven Spielberg, Alex Gibney Docuseries ‘Why We Hate’

Rich Ross Out at Discovery: Company Unveils Post-Scripps Senior Executive Team

Discovery, Inc. lost money in the first quarter of 2018, which is the same period the company completed its near-$15 billion acquisition of Scripps Networks. Thankfully, there are accounting adjustments — and Trump’s new corporate tax plan helped, too.

Wall Street had forecast earnings per share (EPS) of 44 cents on $2.09 billion in revenue, per a Yahoo Finance-compiled consensus. With a ton of money movement available to Discovery accountants due to the Scripps deal, the David Zaslav-led corporation was eventually able to report 53 cents of EPS on $2.31 billion in revenue.

Without any of that Microsoft Excel wizardry, the new HGTV and Food Network owner shed a penny per share, or lost $8 million overall.

Discovery’s revenues rose double digits over the first three months of 2018 thanks in large part to its international rights for the Winter Olympics. Of course, the associated costs from PyeongChang, South Korea skyrocketed as well.

“The first quarter of 2018 was a historic and pivotal period for Discovery,” Zaslav said in his prepared remarks accompanying his company’s Q1 financials. “We closed on our transaction to acquire Scripps Networks Interactive, becoming the global leader in real life entertainment and home to an enhanced portfolio of quality and trusted enthusiast brands.”

“As our industry continues to evolve, we are uniquely positioned to maximize the value of our traditional pay-TV business while driving new opportunities and growth from our digital and direct to consumer businesses around the world,” the president and CEO added.

Zaslav and Discovery’s other executives will host a conference call at 8:30 a.m. ET to discuss the quarter in greater detail.

Shares of DISCA stock closed Monday afternoon at $23.39, up 23 cents for the day. The U.S. stock market will reopen for its regular trading day at 9:30 a.m. ET.

Related stories from TheWrap:

Weapon-Making Competition Series 'Master of Arms' Heads to Discovery (Exclusive)

Discovery Orders Steven Spielberg, Alex Gibney Docuseries 'Why We Hate'

Rich Ross Out at Discovery: Company Unveils Post-Scripps Senior Executive Team

Hollywood’s Highest Paid Executives: Who Made Bank, Who Sank in 2017

There’s no business like showbusiness, and few bank on that fact quite like Hollywood’s top executives.

Based on what has been reported to the Securities and Exchange Commission thus far this year, the industry’s top earner is CBS chief Leslie Moonves — and it’s not even close.

Earning a cool $69.3 million in 2017, Moonves’ take is a whopping $27 million higher than the next-richest guy of the last 12 months, Discovery boss David Zaslav. Hell, Les made damn near twice what Disney’s top executive Bob Iger did in 2017.

No one tell Dish Network head honcho Charlie Ergen what Moonves made.

Also Read: Viacom Boss Bob Bakish Praises New Paramount Management for ‘A Quiet Place’ Success

Below is TheWrap‘s list of executive compensation details from 2017 corporate SEC filings. To compare it to past years, click through our previous annual reports:

2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008

Keep reading through this story to find details on who deserved their 2017 riches, and who is maybe making too much money.

Also Read: ‘Living Biblically’ Pulled From CBS’ Schedule

Les Moonves’s pay may have declined, but hold off on that GoFundMe drive — he still pulled in a nice chunk of change.

The CBS head honcho still managed to pull in $69.3 million in 2017, a slight drop from the $69.6 million he made in 2016. While Moonves’ salary remained steady at $3.5 million annually, his bonus was cut from $32 million in 2016 to $20 million in 2017. Don’t feel too bad for him though, he still received $43.7 million in stock awards.

CBS routinely wins the war for total viewers, though NBC rules the key 18-49 demographic these days. But we’d imagine Moonves is more concerned with that potential merger with Viacom right now.

Also Read: Dish Network’s Sling TV Subscriber Count Soars 47 Percent From Previous Year

Charlie Ergen saw a nice uptick in his final year as CEO. Now Dish Network chairman, Ergen earned $2.4 million in 2017, a nice 48 percent uptick from 2016.

The satellite-TV company exec’s base salary was flat at $1 million — the difference this time around was $654,000 in option awards. Ergen also saw his catch-all category “All Other Compensation” rise about $130,000 versus 2016.

Ergen made more money than Dish’s other top executives, including president & CEO W. Erik Carlson. Ergen shed the CEO title in December. In February, Dish Network said its Sling TV service counts more than 2.2 million users.

Also Read: Apple Co-Founder Steve Wozniak Dumps Facebook

The head of the richest company in the world bounced back in 2017, after taking a pay cut for missing performance marks the year prior. 

Apple unveiled several new products last year, including iPhone X, the button-less 10th-anniversary edition of its flagship product. But even with the X coming up short on sales figures out of the gate, Apple still had a dominant 2017, closing the year with its biggest quarter ever — raking in a cool $88.3 billion in revenue. 

Cook received a “modest” salary of $3.06 million, along with $9.33 in bonuses, for his efforts. The exec pulled in $89.2 million in stock compensation last year. 

You’ll probably never see dueling Hollywood biopics made in Cook’s honor, but he’s still helping Apple do what it does best: shovel in the cash.

Also Read: Viacom Beats on Q2 Earnings Despite Domestic TV Declines, a Way Down Box Office

Bob Bakish had a lot to do in 2017. The Viacom veteran took over for the ousted Philippe Dauman in October 2016 after a messy and public tug-of-war for control between Dauman and Viacom’s vice-chairwoman Shari Redstone.

Bakish came out on top, which meant instituting a turnaround plan for the struggling company’s film studio and TV brands. But it also meant taking home $20.3 million. The haul was more than $70 million less than predecessor Dauman made in 2016, but the main reason for that was Dauman’s golden parachute.

Bakish pulled in a nice $2.77 million salary, a $7 million bonus, and $10.5 million in stock awards and options. Now, though, with Viacom on the verge of merging with CBS, Bakish and Redstone are fighting to keep the executive in a significant position of power with the combined company.

Also Read: Fox Film CEO Confronts Disney Acquisition With Theater Owners: ‘We Face a New Transition’

At this point, it’s beginning to feel like the Mouse House’s chief executive might never leave the castle. After delaying his retirement plans following the Disney board’s failure to find a suitable successor, Bob Iger’s plan to step down in 2019 were dashed last December when the company announced its plan to buy some of 21st Century Fox’s entertainment assets.

Iger’s compensation has slipped in the last few years, falling more than 17 percent last year. But he did still bring in $36.3 million, which could help if those presidential ambitions ever amount to a run.

Iger’s salary stayed flat in 2017 at $2.5 million, while his stock awards ticked slightly up to a rounded $9 million and options dipped a bit to about $8.3 million. The key changes were in his Non-Equity Incentive Plan Compensation, which dropped to $15.2 million from $20 million, and the change in Pension Value categories, which flatlined from about $2.9 million.

Much has been made of the subscriber losses at Disney’s struggling ESPN network, but Iger and co. think they have the solution with a direct-to-consumer streaming service. The company is also moving into the streaming space with a Disney-branded service next year, as it looks to complete a $52.4 billion Fox acquisition of assets that would cement Disney’s film studio as the most valuable in Hollywood.

Also Read: Animal Planet Orders ‘Wolves & Warriors,’ Which Pairs Combat Vets With, Well, Wolves (Exclusive)

What’s better than making $37 million per year? Making $42 million — that’s the pay raise Discovery boss David Zaslav saw for 2017.

Zaslav’s options awards are what pushed him over the top, rising from $11.1 million to $15.6 million. The company’s top executive’s salary remained flat at $3 million.

The only other material change to Zaslav’s compensation was in his non-equity incentive plan category, where the head honcho took home about $600,000 more than he did in 2016.

If you think Zalav’s all-in pay represents a massive dollar amount, well, you’re right — but consider that he acquired Scripps for like $15 billion in 2017. This $42 million is chump change.

Also Read: Why Do Comcast and Fox Want to Buy Sky So Much?

Sarandos has spearheaded Netflix’s transition from a company mailing DVDs to an original content powerhouse, and that change ushered in a big 2017 for the streaming giant. 

Netflix Originals dabbled in everything, from new series like “Ozark,” to a slew of standup comedy specials, to big-budget action pictures like the Will Smith-led “Bright.” The Los Gatos, California-based company also debuted “Icarus,” it’s Oscar-winning documentary on doping in the world of competitive cycling. 

Viewers rewarded the company for its experimentation, with Netflix adding 20 million subscribers — and pushing past the 115 million customer threshold — in 2017.  

Also Read: Netflix in May: What’s Coming and What to Watch Before It’s Gone (Photos)

The Netflix co-founder and chief exec became a billionaire for the first time in 2017, thanks in large part to the company’s soaring stock price. Netflix shares jumped from about $120 to $185 in 2017, with Wall Street loving the company’s ability to rope in new viewers. 

For Sarandos, the key to the company’s success has been in being “aggressive,” as he put it, with its content. Netflix spent $6.3 billion on programming in 2017, putting the company just a hair below industry stalwarts like Time Warner and Disney when it comes to non-sports content. 

The steady flow of new shows — along with staples like “Stranger Things” and “Orange is the New Black” — keeps giving viewers a reason to cough up $10.99 a month. With more than 50 million subscribers in North America, Netflix now has its sights set on international expansion. While his compensation only jumped 5 percent in 2017, Hastings will gladly keep taking the little bumps up if it means his shares are swelling 50 percent each year. 

Also Read: ‘The Walking Dead’ Star Lauren Cohan Says She Will Return for Season 9

AMC Networks President and CEO Josh Sapan’s $29.6 million take in 2017 was about $900,000 — or 3 percent — less than 2016, when his all-in haul was $30.5 million.

Sapan’s 2017 salary stayed consistent with the prior years at $2 million. His stock award of $14.3 million was up from 2016, though a sizable decline in the “non-equity incentive plan compensation” category more than offset the growth.

We suppose it’s still good to have “The Walking Dead” — even a version that is nowhere near as highly rated as it used to be. (A suite of other channels and an international presence doesn’t hurt either.)

Related stories from TheWrap:

CBS All Access Nabs Muhammad Ali Limited Series From Morgan Freeman

What Does Comcast’s $31 Billion Sky Bid Mean for Fox and Disney?

Why Do Comcast and Fox Want to Buy Sky So Much?

There’s no business like showbusiness, and few bank on that fact quite like Hollywood’s top executives.

Based on what has been reported to the Securities and Exchange Commission thus far this year, the industry’s top earner is CBS chief Leslie Moonves — and it’s not even close.

Earning a cool $69.3 million in 2017, Moonves’ take is a whopping $27 million higher than the next-richest guy of the last 12 months, Discovery boss David Zaslav. Hell, Les made damn near twice what Disney’s top executive Bob Iger did in 2017.

No one tell Dish Network head honcho Charlie Ergen what Moonves made.

Below is TheWrap‘s list of executive compensation details from 2017 corporate SEC filings. To compare it to past years, click through our previous annual reports:

2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008

Keep reading through this story to find details on who deserved their 2017 riches, and who is maybe making too much money.

Les Moonves’s pay may have declined, but hold off on that GoFundMe drive — he still pulled in a nice chunk of change.

The CBS head honcho still managed to pull in $69.3 million in 2017, a slight drop from the $69.6 million he made in 2016. While Moonves’ salary remained steady at $3.5 million annually, his bonus was cut from $32 million in 2016 to $20 million in 2017. Don’t feel too bad for him though, he still received $43.7 million in stock awards.

CBS routinely wins the war for total viewers, though NBC rules the key 18-49 demographic these days. But we’d imagine Moonves is more concerned with that potential merger with Viacom right now.

Charlie Ergen saw a nice uptick in his final year as CEO. Now Dish Network chairman, Ergen earned $2.4 million in 2017, a nice 48 percent uptick from 2016.

The satellite-TV company exec’s base salary was flat at $1 million — the difference this time around was $654,000 in option awards. Ergen also saw his catch-all category “All Other Compensation” rise about $130,000 versus 2016.

Ergen made more money than Dish’s other top executives, including president & CEO W. Erik Carlson. Ergen shed the CEO title in December. In February, Dish Network said its Sling TV service counts more than 2.2 million users.

The head of the richest company in the world bounced back in 2017, after taking a pay cut for missing performance marks the year prior. 

Apple unveiled several new products last year, including iPhone X, the button-less 10th-anniversary edition of its flagship product. But even with the X coming up short on sales figures out of the gate, Apple still had a dominant 2017, closing the year with its biggest quarter ever — raking in a cool $88.3 billion in revenue. 

Cook received a “modest” salary of $3.06 million, along with $9.33 in bonuses, for his efforts. The exec pulled in $89.2 million in stock compensation last year. 

You’ll probably never see dueling Hollywood biopics made in Cook’s honor, but he’s still helping Apple do what it does best: shovel in the cash.

Bob Bakish had a lot to do in 2017. The Viacom veteran took over for the ousted Philippe Dauman in October 2016 after a messy and public tug-of-war for control between Dauman and Viacom’s vice-chairwoman Shari Redstone.

Bakish came out on top, which meant instituting a turnaround plan for the struggling company’s film studio and TV brands. But it also meant taking home $20.3 million. The haul was more than $70 million less than predecessor Dauman made in 2016, but the main reason for that was Dauman’s golden parachute.

Bakish pulled in a nice $2.77 million salary, a $7 million bonus, and $10.5 million in stock awards and options. Now, though, with Viacom on the verge of merging with CBS, Bakish and Redstone are fighting to keep the executive in a significant position of power with the combined company.

At this point, it’s beginning to feel like the Mouse House’s chief executive might never leave the castle. After delaying his retirement plans following the Disney board’s failure to find a suitable successor, Bob Iger’s plan to step down in 2019 were dashed last December when the company announced its plan to buy some of 21st Century Fox’s entertainment assets.

Iger’s compensation has slipped in the last few years, falling more than 17 percent last year. But he did still bring in $36.3 million, which could help if those presidential ambitions ever amount to a run.

Iger’s salary stayed flat in 2017 at $2.5 million, while his stock awards ticked slightly up to a rounded $9 million and options dipped a bit to about $8.3 million. The key changes were in his Non-Equity Incentive Plan Compensation, which dropped to $15.2 million from $20 million, and the change in Pension Value categories, which flatlined from about $2.9 million.

Much has been made of the subscriber losses at Disney’s struggling ESPN network, but Iger and co. think they have the solution with a direct-to-consumer streaming service. The company is also moving into the streaming space with a Disney-branded service next year, as it looks to complete a $52.4 billion Fox acquisition of assets that would cement Disney’s film studio as the most valuable in Hollywood.

What’s better than making $37 million per year? Making $42 million — that’s the pay raise Discovery boss David Zaslav saw for 2017.

Zaslav’s options awards are what pushed him over the top, rising from $11.1 million to $15.6 million. The company’s top executive’s salary remained flat at $3 million.

The only other material change to Zaslav’s compensation was in his non-equity incentive plan category, where the head honcho took home about $600,000 more than he did in 2016.

If you think Zalav’s all-in pay represents a massive dollar amount, well, you’re right — but consider that he acquired Scripps for like $15 billion in 2017. This $42 million is chump change.

Sarandos has spearheaded Netflix’s transition from a company mailing DVDs to an original content powerhouse, and that change ushered in a big 2017 for the streaming giant. 

Netflix Originals dabbled in everything, from new series like “Ozark,” to a slew of standup comedy specials, to big-budget action pictures like the Will Smith-led “Bright.” The Los Gatos, California-based company also debuted “Icarus,” it’s Oscar-winning documentary on doping in the world of competitive cycling. 

Viewers rewarded the company for its experimentation, with Netflix adding 20 million subscribers — and pushing past the 115 million customer threshold — in 2017.  

The Netflix co-founder and chief exec became a billionaire for the first time in 2017, thanks in large part to the company’s soaring stock price. Netflix shares jumped from about $120 to $185 in 2017, with Wall Street loving the company’s ability to rope in new viewers. 

For Sarandos, the key to the company’s success has been in being “aggressive,” as he put it, with its content. Netflix spent $6.3 billion on programming in 2017, putting the company just a hair below industry stalwarts like Time Warner and Disney when it comes to non-sports content. 

The steady flow of new shows — along with staples like “Stranger Things” and “Orange is the New Black” — keeps giving viewers a reason to cough up $10.99 a month. With more than 50 million subscribers in North America, Netflix now has its sights set on international expansion. While his compensation only jumped 5 percent in 2017, Hastings will gladly keep taking the little bumps up if it means his shares are swelling 50 percent each year. 

AMC Networks President and CEO Josh Sapan’s $29.6 million take in 2017 was about $900,000 — or 3 percent — less than 2016, when his all-in haul was $30.5 million.

Sapan’s 2017 salary stayed consistent with the prior years at $2 million. His stock award of $14.3 million was up from 2016, though a sizable decline in the “non-equity incentive plan compensation” category more than offset the growth.

We suppose it’s still good to have “The Walking Dead” — even a version that is nowhere near as highly rated as it used to be. (A suite of other channels and an international presence doesn’t hurt either.)

Related stories from TheWrap:

CBS All Access Nabs Muhammad Ali Limited Series From Morgan Freeman

What Does Comcast's $31 Billion Sky Bid Mean for Fox and Disney?

Why Do Comcast and Fox Want to Buy Sky So Much?

Executive Compensation 2017: Top TV, Film and Tech Bosses Ranked by Pay (Photos)

There’s no business like showbusiness, and few bank on that fact yearly quite like Hollywood’s top executives.

Based on compensation that has been reported to the Securities and Exchange Commission this year, the industry’s top earner is CBS chief Leslie Moonves — and it’s not even close.

Earning a cool $69.3 million in 2017, Moonves’ take is a whopping $27 million higher than the next-richest guy of the last 12 months, Discovery boss David Zaslav. Hell, Les made damn near twice what Disney’s top executive Bob Iger did in 2017.

Please, no one tell Dish Network head honcho Charlie Ergen what Moonves made — he’ll pass out.

Here is a sample selected at random:

Charlie Ergen
Dish Chairman
2016: $1.7 million
2017: $2.4 million
Change: +41 percent

Bob Bakish
Viacom CEO
2016: N/A (Predecessor Philippe Dauman made $93 million, thanks to golden parachute)
2017: $20.3 Million
Change: N/A

Tim Cook
Apple CEO
2016: $8.5
2017: $12.8
Change: +51 percent

Also Read: Sean Hannity Defends Investments in Low-Income Housing

Josh Sapan
AMC Networks Chairman and CEO
2016: $30.5 million
2017: $29.6 million
Change: -3%

David Zaslav
Discovery President and CEO
2016: $37.2 million
2017: $42.2 million
Change: +13%

Scroll through our gallery for all of the rich (white) guys — our execs are ranked from lowest-paid to highest-paid there. Then print out our main bar story, march into your own boss’s office, and demand a raise.

Also Read: What Does Comcast’s $31 Billion Sky Bid Mean for Fox and Disney?

Sean Burch contributed to this story.

Related stories from TheWrap:

Facebook Crushes Wall Street Expectations, Reports $12 Billion in Q1 Revenue

Stocks Soar for Comcast and Sky After $31 Billion Offer

Comcast Makes Formal $31 Billion Cash Offer for Sky, UK Company Scraps Fox Deal

There’s no business like showbusiness, and few bank on that fact yearly quite like Hollywood’s top executives.

Based on compensation that has been reported to the Securities and Exchange Commission this year, the industry’s top earner is CBS chief Leslie Moonves — and it’s not even close.

Earning a cool $69.3 million in 2017, Moonves’ take is a whopping $27 million higher than the next-richest guy of the last 12 months, Discovery boss David Zaslav. Hell, Les made damn near twice what Disney’s top executive Bob Iger did in 2017.

Please, no one tell Dish Network head honcho Charlie Ergen what Moonves made — he’ll pass out.

Here is a sample selected at random:

Charlie Ergen
Dish Chairman
2016: $1.7 million
2017: $2.4 million
Change: +41 percent

Bob Bakish
Viacom CEO
2016: N/A (Predecessor Philippe Dauman made $93 million, thanks to golden parachute)
2017: $20.3 Million
Change: N/A

Tim Cook
Apple CEO
2016: $8.5
2017: $12.8
Change: +51 percent

Josh Sapan
AMC Networks Chairman and CEO
2016: $30.5 million
2017: $29.6 million
Change: -3%

David Zaslav
Discovery President and CEO
2016: $37.2 million
2017: $42.2 million
Change: +13%

Scroll through our gallery for all of the rich (white) guys — our execs are ranked from lowest-paid to highest-paid there. Then print out our main bar story, march into your own boss’s office, and demand a raise.

Sean Burch contributed to this story.

Related stories from TheWrap:

Facebook Crushes Wall Street Expectations, Reports $12 Billion in Q1 Revenue

Stocks Soar for Comcast and Sky After $31 Billion Offer

Comcast Makes Formal $31 Billion Cash Offer for Sky, UK Company Scraps Fox Deal