Nicholas Ortega for Variety Has David Zaslav saved Warner Bros., or is he about to bury it? That’s the crux of an angry debate in Hollywood as Paramount Skydance moves closer to acquiring Warner Bros. Discovery, the parent company of Warner Bros., HBO and HBO Max, CNN, TNT, HGTV and more. The $110 billion deal, reached in February, has sparked organized opposition efforts from Hollywood’s creative community and investigations by key regulators in California and other states.
Fanning the flames of outrage is that Warner Bros. Discovery CEO Zaslav will walk away after four years at the helm with a payout of at least $550 million from the Paramount deal, in addition to $116 million in vested stock.
Related Stories