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The Latest Breaking News from David Zaslav

AT&T Stock Adjusts For Warner Bros Discovery Debut; JPMorgan Resumes Coverage With 'Overweight' Rating

Warner Bros Discovery will begin trading today on the Nasdaq under the ticker symbol 'WBD' following the $43 billion media asset merger between AT&T and Discovery.

The Street

Discovery and WarnerMedia close $43 billion merger

The new company immediately becomes one of the entertainment industry's biggest players alongside Disney and Netflix.

Axios

Discovery Chief Overhauls Leadership After WarnerMedia Acquisition

Discovery, Inc. (NASDAQ:DISCA) CEO David Zaslav picked his lieutenants as senior leaders of the combined group after acquiring WarnerMedia from AT&T Inc (NYSE: T), the Financial Times reports. The $43 billion merger of Warner and Discovery will likely close by April 8. JB Perrette, who has led Discovery's international and streaming businesses, is set to…

Benzinga

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WarnerMedia CEO Departs One Week Before Discovery Merger

AT&T Inc (NYSE:T) WarnerMedia CEO Jason Kilar stepped down before Discovery, Inc (NASDAQ:DISCA) completed the acquisition of WarnerMedia, Variety reports. The transaction will be complete on April 11. The departure was likely as Discovery chief David Zaslav looked to run the combined company, Warner Bros. Discovery. Also Read: AT&T To Spin Off Interest In WarnerMedia…

Benzinga

CEO Pay Increases and Heads for New Record as Pandemic Recedes

Pay increases for U.S. chief executives have gained steam, putting compensation on pace to set a record amid a tight labor market that is also driving pay higher for many of their workers.

Bangkok Post

US executives reap record pay as historic income gap with staff widens

Post-pandemic stock market rally delivers larger windfalls to bosses than to employees

Financial Times

CNN will dial down the prime-time partisanship under new top exec Chris Licht

Ratings are secondary to credibility, in the view of David Zaslav.

Axios

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Discovery, WarnerMedia win Justice Department clearance for merger

Discovery Inc.'s takeover of WarnerMedia moved closer to completion after the U.S. Justice Department declined to challenge the deal.

Los Angeles Times

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