Warner Bros. Discovery CEO David Zaslav Has 114 Million More Reasons To Smile About Paramount Skydance Deal

Benzinga_recent_news03-05 01:22

The merger between Warner Bros. Discovery and Paramount Skydance, which still faces regulatory hurdles, could create a sports content juggernaut. The deal could also create a potential new billionaire...

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The deal could also create a potential new billionaire...</p>\n\n<a href=\"https://www.benzinga.com/news/entertainment/26/03/51042985/warner-bros-discovery-ceo-david-zaslav-has-114-million-more-reasons-to-smile-about-paramount-skydance-deal\">Source Link</a>\n\n</div>\n","source":"benzinga_recent_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Warner Bros. 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Discovery CEO David Zaslav Has 114 Million More Reasons To Smile About Paramount Skydance Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-03-05 01:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/entertainment/26/03/51042985/warner-bros-discovery-ceo-david-zaslav-has-114-million-more-reasons-to-smile-about-paramount-skydance-deal><strong>Benzinga_recent_news</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The merger between Warner Bros. Discovery and Paramount Skydance, which still faces regulatory hurdles, could create a sports content juggernaut. The deal could also create a potential new billionaire...</p>\n\n<a href=\"https://www.benzinga.com/news/entertainment/26/03/51042985/warner-bros-discovery-ceo-david-zaslav-has-114-million-more-reasons-to-smile-about-paramount-skydance-deal\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0477156953.USD","symbol_name":"HARRIS ASSOCIATES US VALUE EQUITY \"RE\" (USD) ACC","start_time":0,"source_url":"https://www.benzinga.com/news/entertainment/26/03/51042985/warner-bros-discovery-ceo-david-zaslav-has-114-million-more-reasons-to-smile-about-paramount-skydance-deal","article_id":"2617550965","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/files/images/story/2026/03/04/Burbank--Usa--Mar-12--2023--The-Iconic-W.jpeg?optimize=medium&dpr=2&auto=webp&width=240"],"rights":{"source":"benzinga_recent_news","url":"https://www.benzinga.com/news/entertainment/26/03/51042985/warner-bros-discovery-ceo-david-zaslav-has-114-million-more-reasons-to-smile-about-paramount-skydance-deal","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2617550965","pubTimestamp":1772644920,"columns":[],"sourceInfo":{"source_id":"benzinga_recent_news","name":"Benzinga"},"weMediaInfo":null,"summary":"Warner Bros. 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Discovery and Paramount Skydance, which still faces regulatory hurdles, could create a sports content juggernaut. The deal could also create a potential new billionaire with Warner Bros. Discovery CEO David Zaslav set for a huge windfall.\nZaslav recently cashed out a portion of his stake in the media company, with the selling window finally open after months of delay during the sale process that kept executives from selling.\nThe CEO sold 4,004,149 WBD shares valued at $114,118,246 according to an SEC filing. The shares were all acquired as compensation from the company during the period from January 2023 to February 2026.\nThanks to a 147.9% gain in Warner Bros. Discovery stock over the last 52 weeks, those four million shares have gained $66.99 million in value over the last year alone.\nZaslav has been CEO of the company since April 2022, previously serving as CEO of Discovery before that media company was merged with Warner Bros.\nThe merger could face regulatory hurdles, but it previously received positive commentary from the White House, which could expedite a deal.\nParamount Skydance expects the deal to close in the third quarter of 2026, according to the report.\nThe shares sold by Zaslav are only a portion of his holdings in the media company. A previous December filing said he had unvested equity awards worth $537 million. That amount was based on Paramount’s previous $ 30-per-share offer, not the revised $ 31-per-share bid.\nZaslav will also receive a bonus, cash severance and benefits if there is a change in who owns Warner Bros. Discovery as part of his contract with the media company.\nThe Warner Bros. Discovery CEO has been one of the highest-paid executives in the sector for years, and he could end up seeing his net worth rise to $1 billion or more after the merger is completed, according to Variety.  \nImage via Shutterstock\nTo add Benzinga News as your preferred source on Google, click here.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2617550965","isCrawlerRequest":true}