Paramount shareholders could also receive a ‘ticking fee’ if the Warner Bros. acquisition drags on.

President and CEO of Discovery Communications David Zaslav in Pasadena, Calif., on June 29, 2015. Alberto E. Rodriguez/Getty Images
Warner Bros. Discovery CEO David Zaslav will collect about $667 million in compensation after the entertainment empire completes its sale to Paramount Skydance.
Last month, the company accepted Paramount’s $110 billion proposal, concluding a months‑long bidding contest after Netflix exited the talks.


