Warner Bros. CEO could make $887 million from Paramount merger
CNBC Television·2026-03-20 20:48
Paramount has agreed to buy Warner Brothers Discovery for $110 billion. WBD's top executives are set to become some of the biggest winners of this deal. Now, when a company is acquired, its highest paid executives are sometimes let go.There are often contractual agreements in place called change of control clauses that guarantee significant pay if in fact they are ousted. This is called a golden parachute. Warner Brothers president CEO David Zazlav's golden parachute could reach close to $900 million.Now th ...