Paramount-Warner Merger Approved by Shareholders as Zaslav Compensation Plan Fails

Paramount’s $110 Billion Warner Bros. Deal Wins Shareholder Approval

Warner Bros. Discovery shareholders have approved Paramount’s proposed $110 billion takeover, clearing a major step toward combining two of Hollywood’s most historic studios.

At the same meeting, investors rejected CEO David Zaslav’s compensation package in a separate advisory vote, signaling dissatisfaction with the scale of executive pay tied to the deal.

The merger still requires final regulatory approval before it can close. If completed, the agreement would unite major film studios, television networks, and streaming platforms under one company, creating one of the largest media groups in the industry.

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