Warner Bros investors back US$110 billion merger with Paramount Skydance
AdvertisementUnited StatesWorldUnited States & CanadaWarner Bros investors back US$110 billion merger with Paramount SkydanceAttention now turns to regulatory authorities, with both Washington and London expected to examine the merger’s impact on competition
2-MIN READ2-MIN ListenReutersPublished: 11:29pm, 23 Apr 2026Updated: 11:44pm, 23 Apr 2026Warner Bros Discovery shareholders on Thursday backed the company’s proposed US$110 billion merger with Paramount Skydance, but cast an advisory vote against executive compensation plans tied to the deal.
Under the pay packages proposed to executives, CEO David Zaslav could receive up to US$887 million if the sale is completed.
Proxy advisor ISS had said Zaslav’s potential payout was “extremely large”.
Advertisement“Management now faces a twofold challenge: securing (regulatory) approval for the deal and proving it can create long-term value without fuelling concerns around excessive pay,” PP Foresight analyst Paolo Pescatore said.
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