MUMBAI: Struggling Web game maker Zynga gave new CEO Don Mattrick a $5 million signing bonus and stock awards valued at $40 million to lure him away from his previous job overseeing Microsoft?s Xbox console for video games.

Mattrick?s compensation package also includes a one million dollar annual salary and a guaranteed bonus of about one million dollar million this year, according to a regulatory filing made late Wednesday. Zynga announced Mattrick would replace company co-founder Mark Pincus as CEO earlier this week, but didn?t detail how much its new leader would be paid at that time.

Zynga is counting on Mattrick, 49, to reverse a steady string of losses that has caused the company?s stock price to plunge 66 per cent from its initial public offering price of $10 in late 2011.

The stock closed at $3.42 Wednesday. That price is nearly 20 percent higher than where the stock stood before the news broke about Mattrick?s defection from Microsoft Corp., a sign that at least some investors think he can revive Zynga.

As Mattrick draws up the turnaround strategy, he will still be working closely with Pincus, who holds a controlling stake in Zynga and will remain the San Francisco company?s chairman and chief product officer.

BENGALURU: Netflix has announced an expanded multi-year licensing agreement with PBS Distribution, making a wide variety of PBS programming available to Netflix members in the US and Canada.

"PBS programming is both entertaining and enriching, a combination that Netflix members really appreciate," said Netflix chief content officer Ted Sarandos.

Beginning this fall, Netflix members can enjoy exclusive subscription video-on-demand access to all seasons of critically acclaimed The Bletchley Circle, a murder mystery drama from the UK. In 2014, Netflix will become the exclusive SVOD home of Super Why! the award-winning PBS KIDS hit preschool series which helps kids build critical literacy skills through storybook adventures.

Also available will be children?s series like Wild Kratts, Caillou and Arthur, documentaries from celebrated filmmaker Ken Burns including Prohibition and Central Park Five, and past seasons of popular non-fiction series like Nova and Secrets of the Dead.

"While PBS stations will always be the first place to see our programming, this agreement with Netflix exposes our shows to new audiences and further expands PBS's presence across all media platforms," said PBS Digital GM Jason Seiken.