David Zaslav Gets $606 Million Payout From Paramount-Warner Bros. Merger

By Todd Spangler

Todd Spangler

NY Digital Editor

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David Zaslav is out of a job. But he’s getting a prodigious sum of $606 million as he leaves Warner Bros. Discovery, the company he fused together and led for more than four years before it agreed to be acquired by David Ellison’s Paramount.

Zaslav, who was Warner Bros. Discovery’s president and CEO, will receive a total of $606.1 million for shares held in the company (including restricted stock units that converted into the right to receive an amount in cash) effective Oct. 6 with the closing of the Paramount-WBD merger, according to an SEC filing Thursday.

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