WBD CEO David Zaslav Pockets $27.1 Million in Stock Sales Amid Paramount Merger Stalls

Warner Bros. Discovery President and CEO David Zaslav has offloaded an additional $27.1 million in company stock, bringing his total stock liquidations to roughly $200 million since the media giant agreed to a merger with David Ellison’s Paramount Skydance. According to SEC filings handled by Fidelity Brokerage Services, the latest transactions on Aug. 14 involved … Read more

Paramount Clears Global Regulators for $111B Warner Bros. Deal, Faces US Lawsuit Roadblock

Paramount Skydance has officially secured clearance from 68 countries worldwide for its massive $111 billion acquisition of Warner Bros. Discovery, leaving a multi-state antitrust lawsuit as the sole obstacle to completing the mega-merger. Following approvals from the European Union, the U.S. Department of Justice, and most recently Mexico, Paramount CEO David Ellison is now ramping … Read more