Data: Challenger, Gray & Christmas; Chart: Sara Wise/Axios
Media workers are pushing harder for guaranteed severance packages in labor negotiations to protect themselves from layoffs that feel inevitable amid more industry consolidation.
Why it matters: The eye-popping payouts for Warner Bros. Discovery executives involved in the Paramount Skydance deal, which is expected to result in thousands of job cuts, are serving as a proof point of the massive discrepancies between media's top brass and their employees.