Warner Bros CEO to Collect $667 Million in Paramount Deal

Paramount shareholders could also receive a ‘ticking fee’ if the Warner Bros. acquisition drags on.
Warner Bros CEO to Collect $667 Million in Paramount Deal
President and CEO of Discovery Communications David Zaslav in Pasadena, Calif., on June 29, 2015. Alberto E. Rodriguez/Getty Images
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Warner Bros. Discovery CEO David Zaslav will collect about $667 million in compensation after the entertainment empire completes its sale to Paramount Skydance.

Last month, the company accepted Paramount’s $110 billion proposal, concluding a months‑long bidding contest after Netflix exited the talks.
Andrew Moran
Andrew Moran
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Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."