Barry Meyer Net Worth 2024

What is Barry Meyer’s Net Worth and Salary?

Barry Meyer is an American tv producer who as soon as served as chairman and CEO of Warner Bros Entertainment. Barry Meyer has a net worth of $60 million. Although Meyer was as soon as some of the influential figures within the tv world whereas serving as CEO of Warner Bros., he was well-known for staying out of the highlight. Unlike many different high-profile producers and CEOs, Barry most popular to take care of a low profile and maintain his private life underneath wraps.

That being mentioned, his contributions to Warner Bros Entertainment have been phenomenal and widely-recognized by trade insiders. After first changing into CEO in 1999, Meyer spent the subsequent 14 years reworking the studio into some of the worthwhile enterprises within the leisure trade. Under his management, field workplace income soared. When Barry stepped down as CEO in 2013, Warner Bros had constantly raked in billions of {dollars} annually on the field workplace.

Early Life

Barry Michael Meyer was born on November twenty eighth of 1946 in New York City. Raised in a Jewish family, Meyer attended the University of Rochester after graduating from highschool. After acquiring his bachelor’s diploma, he moved on to Case Western Reserve University. While learning at Case Western’s School of Law, Barry earned his Juris Doctor. After graduating from college, Meyer was initially intent on pursuing a profession in regulation. To today, he stays a member of the bar in New York. He was additionally as soon as admitted to the observe of regulation in Ohio.

Career

Barry Meyer started his leisure profession at ABC Television Network. He spent two and a half years working within the authorized and enterprise affairs departments of ABC earlier than becoming a member of Warner Bros. Entertainment in 1971. Just one 12 months after becoming a member of Warner Bros., Mayer was promoted to Vice President of Business Affairs in Warner Bros.’ tv division. Throughout the subsequent few years, Barry continued to work his method up the ranks.

In 1978, he grew to become the brand new Executive Vice President for all the tv division. During this era, Warner Bros. centered on plenty of profitable movies reminiscent of “The Exorcist” and “A Clockwork Orange,” however the firm additionally generated super income by way of varied tv reveals. The most notable of those reveals have been constructed round well-known superheroes reminiscent of Superman, Batman, and Wonder Woman. Warner Bros. additionally made early ventures into the online game trade in the course of the late 70s and early 80s.

In 1984, Meyer was promoted as soon as once more, this time accepting the function of Executive Vice President of Warner Bros. Inc. Not solely was he now enjoying a significant function in the entire actions of the corporate, however Barry was additionally absolutely in charge of the studio’s tv operations. In the early 90s, Time Inc and Warner Bros. merged in a $14.9-billion money deal – though Paramount tried to cease the deal from going by way of with its personal hostile takeover.

In 1994, Barry Meyer accepted extra obligations as Chief Operating Officer (COO) of Warner Bros. Entertainment. This meant that he was now accountable for a variety of varied divisions. These included the studio services, authorized considerations, enterprise affairs, human sources, enterprise technique, authorities relations, and rather more. Slowly however certainly, Meyer was taking larger management of Warner Bros. With larger affect, Barry established the WB Television Network and CW – two entities that will play a large function in ushering in a brand new period for Warner Bros. and its dominance of the TV trade.

During this era, reveals like “Buffy the Vampire Slayer,” “Smallville,” “Dawson’s Creek,” and “One Tree Hill” proved in style amongst teenagers. “Charmed and “seventh Heaven” additionally proved to be main hits. On the heels of this simple degree of success, Barry Meyer was named the brand new CEO and Chairman of Warner Bros. Entertainment in 1999. Things did not go very easily at first, as Warner Bros.’ takeover of AOL proved to be a misguided choice when the “dot com” bubble burst.

However, Warner Bros. and Barry Meyer would quickly rake in additional than sufficient money with some of the worthwhile movie franchises of all time: the “Harry Potter” motion pictures. “Harry Potter and the Philosopher’s Stone” was launched in 2001, and it was a significant money-maker proper off the bat. The first movie within the franchise raked in over $1 billion – a feat that will be equaled later by “Deathly Hallows – Part 2.” Overall, the “Harry Potter” movie franchise helped Warner Bros. Entertainment generate over $7.7 billion in worldwide field workplace revenues.

Barry Meyer additionally remained centered on tv throughout his time as CEO. In 2003, he helped launch “Two and a Half Men,” which grew to become the fourth-most worthwhile sequence in 2012. By this level, the present was incomes Warner Bros. $3.24 million per episode. In 2005, Barry Meyer and Warner Bros. helped launch “Batman Begins,” which was the primary movie within the “Dark Knight” trilogy. Collectively, the three movies grossed over $2.4 billion on the field workplace. The trilogy additionally acquired constantly robust opinions from critics. In 2013, Barry Meyer stepped down as CEO. Kevin Tusjihara took his place.

After Warner Bros

After leaving Warner Bros., Meyer continued to play a notable advisory function within the tv trade, particularly with issues regarding labor points. He is a member of the Board of Councilors of the USC School of Cinema-Television, the Board of Directors of the Motion Picture Association of America, and the Academy of Motion Picture Arts & Sciences.

In 2014, it was reported that Meyer had been appointed to the board of administrators of the Federal Reserve Bank in San Francisco. His three-year time period led to 2016.