Warner Bros. Discovery Shareholders Overwhelmingly Approve Paramount’s Megadeal, but Vote Against Exit Pay Packages for Zaslav and Other Execs

Warner Bros. Discovery shareholders approved the $31 per share cash deal with Paramount Skydance, but voted against the compensation packages for CEO David Zaslav and other top executives. The non-binding advisory vote shows shareholders' dissatisfaction with the generous payments to the outgoing executive team, including Zaslav's $550 million exit package and tax reimbursements. The board can proceed with the payouts as planned despite the vote.