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Zaslav

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Zaslav Liquidates $114 Million WBD Stake Ahead of Paramount Skydance Deal
business3 hours ago

Zaslav Liquidates $114 Million WBD Stake Ahead of Paramount Skydance Deal

David Zaslav, CEO of Warner Bros. Discovery, filed to sell 4,004,149 WBD shares—worth about $114.1 million—on March 3, 2026, as WBD moves toward a Paramount Skydance acquisition at $31 per share. The sale comes shortly after the deal was clinched, Netflix had walked away from a prior agreement, and Zaslav still holds additional stock and options. The executive pay package has been under reevaluation, with compensation changes announced in 2025, and his net worth is estimated above $1 billion.

via Variety|
#business#netflix#paramount-skydance
WBD Bets on Creative Revival and Spin-Off Strategy Amid M&A Uncertainty
business5 days ago

WBD Bets on Creative Revival and Spin-Off Strategy Amid M&A Uncertainty

Warner Bros. Discovery executives used a Q4 call to tout a robust film slate, a reset year for gaming, and a planned Discovery Global spin-off, while ducking questions about Netflix/Paramount Skydance bids. CFO Gunnar Wiedenfels defended a sustainable 3.3x debt-to-EBITDA target as the company weighs strategic options, including a potential spinoff funded by its debt load. Executives also highlighted long-term content plans, such as a Harry Potter TV slate, and teased upcoming titles and games that could shape the company’s trajectory beyond the near term.

via Variety|
#business#discovery-global#manda
business2 months ago

Netflix Executives Tour Warner Bros. Studio Amid Industry Bid Battles

Netflix executives Ted Sarandos and Greg Peters visited Warner Bros. Studio lot with CEO David Zaslav amid Warner Bros. Discovery's rejection of Paramount Skydance's hostile bid, signaling strong support for Netflix's $82.7 billion offer to acquire WBD's streaming and studio assets, and highlighting ongoing negotiations and strategic interests in Hollywood.

via The Hollywood Reporter|
#business#netflix#peters
business2 months ago

Warner Bros. Discourages Shareholder Support for Paramount Takeover Amid Deal Disputes

Warner Bros. Discovery rejected Paramount Skydance's $30 per share takeover bid, citing concerns over valuation, regulatory issues, and the company's strategic direction, while the WBD board favored a deal with Netflix. The negotiations involved intense discussions over pay packages, foreign investment, and regulatory approvals, with Paramount's bid ultimately deemed insufficient compared to Netflix's offer.

via Variety|
#business#deal-talks#ellison
business4 months ago

Warner Bros. and Paramount Face New Industry Shakeup Amid M&A Rumors

David Zaslav's Warner Bros. Discovery is planning to split the company to reduce debt, while Paramount's David Ellison is exploring a potential $60 billion acquisition, with industry skepticism about the interest from major streaming giants like Netflix and Amazon. The deal landscape is complicated by debt, regulatory hurdles, and strategic considerations, with Zaslav aiming to maximize shareholder value amid a challenging media environment.

via Deadline|
#business#ellison#media-mergers
business8 months ago

Warner Bros. Discovery's Split Sparks Industry Uncertainty

Warner Bros. Discovery announced it will split into two companies—one for studios and streaming, and another for linear TV networks—with the transition expected to complete by 2026. CEO David Zaslav will lead the Studios & Streamers entity, while CFO Gunnar Wiedenfels will head the Networks division. The move aims to enable both entities to pursue independent growth and dealmaking, but raises questions about leadership and strategic direction amid investor concerns and industry intrigue.

via Deadline|
#business#hollywood#media