Warner Brothers Discovery CEO's Contract Adjusted Amid Potential Sale

Warner Brothers Discovery CEO David Zaslavs contract adjusted amid potential breakup and sale. The companys board revised his agreement to ensure consistent compensation regardless of spin-off configuration. Zaslavs employment extended until December 2030, securing his leadership during this period of significant change. Companies like Paramount, Comcast, and Netflix are likely to bid for the entertainment giant, which owns popular brands such as HBO, CNN, and Warner Brothers studios.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.