Paramount Wins Shareholder OK for Warner Bros. Merger, Rejects Zaslav Pay Package

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Source: hollywoodreporter.com
Paramount Wins Shareholder OK for Warner Bros. Merger, Rejects Zaslav Pay Package
Photo: hollywoodreporter.com
TL;DR Summary

Paramount’s $110 billion merger with Warner Bros. Discovery won preliminary approval from WBD shareholders, who also rejected CEO David Zaslav’s lucrative pay package. With remaining regulatory hurdles, the deal would unite Warner Bros. and Paramount studios and merge HBO Max with Paramount+, creating a leading, next‑generation media company amid industry scrutiny about reduced competition.

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