David Zaslav Scores $606 Million Payout From Paramount-Warner Bros. Merger

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    "url": "https://www.thewrap.com/industry-news/business/david-zaslav-paramount-warner-bros-discovery-merger-payout/",
    "title": "David Zaslav Scores $606 Million Payout From Paramount-Warner Bros. Merger - TheWrap",
    "excerpt": "Warner Bros. Discovery CEO David Zaslav may be out of a job, but he’s scoring a windfall of over $600 million from the company’s $110 billion merger with Paramount Skydance. Per a Thursday SEC filing , Zaslav will receive a total of $606.1 million for shares held in the company as of the merger’s Oct. 6 closing date. The total amount includes stock options worth $381.7 million. The merger saw Paramount pay WBD shareholders $31 apiece for their shares. The David Ellison-led media giant was also on the hook for a 25 cent per share ticking fee for every day the deal wasn’t closed after Oct. 1. The latest payout comes as Zaslav has already sold around $195 million in stock, including $21.7 million worth in August , $59 million worth in July and $114 million worth in March as part of a Rule 10b5-1 trading arrangement. Zaslav is also among the highest paid executives in the media industry. He scored a pay package of $165 million in 2025. A WBD spokesperson noted that Zaslav more than doubled the number of employees who hold equity at the company compared to the two companies separately beforehand. More to come…",
    "summary": "Warner Bros. Discovery completed a $110 billion merger with Paramount Skydance.",
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    "image_url": "https://www.thewrap.com/wp-content/uploads/2024/07/Zaslav.jpg",
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    "published_at": "2026-10-08T21:40:29Z",
    "effective_date": "2026-10-06",
    "article_sentence": "Warner Bros. Discovery CEO David Zaslav may be out of a job, but he’s scoring a windfall of over $600 million from the company’s $110 billion merger with Paramount Skydance.",
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