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The Guardian - US
The Guardian - US
Entertainment
Jeremy Barr in Washington

Warner Bros Discovery vote to approve $110bn merger with Paramount Skydance

Paramount Skydance Paramount Warner Bros Discovery Warner Bros Alvaro Bedoya David Ellison David Zaslav WBD Lawsuit CBS News
water towers for Warner Bros and Paramount
The pending merger caps a dizzying saga for Warner Bros. Composite: AP, Bauer Griffin/GC Images

Shareholders of Warner Bros Discovery (WBD) voted “overwhelmingly” to approve the company’s $110bn merger with Paramount Skydance, the parent company of CBS News, on Thursday.

But shareholders voted against generous proposed compensation packages for WBD executives, including a $550m payout to the outgoing chief executive, David Zaslav.

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