Hollywood
Christina Thomas to step down as BAFTA New York CEO
MUMBAI: The British Academy of Film and Television Arts (BAFTA) in New York announced that Christina Thomas will step down as chief executive on 1 July 2015.
Thomas will remain with the organisation in the newly created position of development consultant, where she will be responsible for expanding the non-profit’s funding resources by overseeing and implementing new approaches to fundraising that will increase revenues to support the strategic direction of the organisation.
Thomas – a founding member of the New York branch of BAFTA – was appointed the organisation’s first chairman in 1996 and remained in that position until 2006. In 2007 she was appointed to her current role of CEO. Under her leadership membership has grown to over 800 members. During her tenure she established, along with the support of the Board and various committee chairs, new programming strands such as the acclaimed ‘In Conversation’, ‘In Production,’ ‘Brits Who Cracked America’ and ‘The BAFTA New York Media Studies Scholarship Program’. As part of BAFTA’s global activity, Thomas was also responsible for overseeing annual events including the New York-based Film Awards Celebrations, the Television Awards Situation Comedy Nominees Party, NYTVF/BAFTA Rocliffe New Writing Forums and BAFTA Brits to Watch events.
Thomas said, “I have enjoyed serving as chief executive and I am particularly gratified to have played a role in raising awareness of BAFTA New York and contributing to the shared goals of BAFTA worldwide. I feel that now is the right time to hand over the reins to a new generation to continue to build the organization in New York. Development is an area that I have always enjoyed and now I will be able to devote all my time to this endeavour while supporting the organization’s mission and helping it grow even more.”
BAFTA New York chairman Charles Tremayne added, “Christina has been at the heart of BAFTA New York since it started. With her guidance the organization has grown from a small body of passionate individuals to one which helps position BAFTA as a leading advocate for the best in film and television in the US. This year we are on target to break our record and present over 80 screenings for our members, as well as numerous other professional events, while awarding more scholarships than ever before and attracting the highest membership in our history.”
Prior to BAFTA New York, Thomas was president of the US subsidiary of Primetime Entertainment, Inc. She was also SVP at Producers Group International, where she was responsible for program development, and global co-production and sales activities. Thomas is the founder and CEO of Jigsaw Communications a global finance and independent film distribution consulting agency.
Hollywood
David Zaslav could net up to $887m as Warner Bros Discovery sells up
Media mogul strikes gold as Paramount Skydance deal triggers massive windfall
NEW YORK: While the average office worker might hope for a nice clock and a round of applause upon leaving, David Zaslav is looking at a slightly more substantial parting gift. The chief executive officer of Warner Bros Discovery is positioned to receive a windfall of up to $887 million following the company’s blockbuster $110 billion sale to Paramount Skydance.
In a twist of corporate fate that feels scripted for the big screen, the deal marks the finale of a high-stakes bidding war. It comes after Netflix, once the frontrunner, decided to exit stage left and abandon its pursuit of the HBO Max parent company.
While most people receive a standard final paycheck, the filing released on Monday suggests Zaslav’s exit package is built a little differently. If the deal closes as expected in the third quarter of 2026, the numbers break down like this:
The cash out: A severance package of $34.2 million, covering his salary and bonuses.
The equity: $115.8 million in vested shares he already owns.
The future fortune: A massive $517.2 million in unvested share awards, essentially “future stock” that turns into real money the moment the ink dries on the merger.
Perhaps the most eye-catching figure is the $335 million earmarked for tax reimbursements. However, this particular pot of gold has an expiration date.
The company noted that these reimbursements are tied to specific tax-code rules that significantly decline as time passes. If the deal hits a snag and drags into 2027, that tax payout drops to zero. With hundreds of millions on the line, the chief executive officer likely has every incentive to ensure the closing process moves at double-speed.
