Warner Bros. Discovery Shareholders Approve 110 Billion Dollar Paramount Merger Despite Pay Rebuke

Warner Bros. Discovery shareholders approved a 110 billion dollar merger with Paramount Skydance while simultaneously voting down a massive 800 million dollar golden parachute for CEO David Zaslav.The deal follows a bidding war against Netflix and now faces intense scrutiny from US and EU antitrust regulators amid widespread concerns over industry competition.Prominent Hollywood artists and lawmakers including Elizabeth Warren have opposed the move, citing fears of reduced content variety and potential job losses.
Published:20h |Updated:18h
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