Companies

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.
Google LogoMark Us Preferred on Google
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
Andrew Moran
|Updated:
0:00

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.
Google LogoMark Us Preferred on Google
Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."