David Zaslav pockets $606 million as he bids buh-bye to Warner Bros.

Warner Bros. Discovery (WBD) executives, including former CEO David Zaslav, received $1.1B in stock compensation from the merger with Paramount. Zaslav got $606M, while other top execs received between $89M and $154.7M. Nearly half of WBD's 35,500 employees now hold equity, with 500 holding stock worth over $1M each.

Warner Bros. Discovery (WBD) executives received significant payouts post-merger with Paramount. CEO David Zaslav got $606M in stock, with total compensation potentially up to $887M. CFO Gunnar Wiedenfels, Chief Revenue Officer Bruce Campbell, and Streaming & Games chief JB Perrette received $125.74M, $132.52M, and $154.7M respectively, including sold shares and stock options, per SEC filings.

Warner Bros Discovery (WBD) executives received significant payouts from the $110B sale to Paramount. CEO David Zaslav earned over $600M, while top deputies received $120M-$150M each. Total executive compensation exceeded $1.1B. About 50% of WBD's 35,500 employees had equity, with 500 now holding over $1M each. Other execs also received substantial payouts.

Warner Bros Discovery (WBD) executives received significant payouts from the company's $110 billion sale to Skydance, with CEO David Zaslav earning over $600 million and other top executives receiving between $90 million and $150 million, according to SEC filings. The total merger-related compensation for the five executives exceeded $1.1 billion.

Warner Bros Discovery (WBD) executives received over $1.1 billion in merger-related compensation from the $110 billion sale to Paramount, according to SEC filings. CEO David Zaslav earned over $600 million, while other top executives received between $120 million and $150 million. Nearly half of WBD's 35,500 employees had equity in the company as of the merger close, with about 500 employees now holding over $1 million in equity each, per the New York Post.

Skydance, a new media giant, was formed on October 6 by merging Paramount and Warner Bros. Discovery. The deal overcame regulatory and legal hurdles. HBO Max and Paramount+ will eventually merge into one streaming service, though details are not yet set. Skydance plans to release 30 films and 180 TV series annually, aiming for $6 billion in cost savings within three years. Physical media operations will continue, with recent high-quality disc releases.