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David Zaslav Sells About $200M of WBD Stock as Paramount Merger Heads to Antitrust Trial

Warner Bros. Discovery logoWarner Bros. Discovery
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Paramount Skydance logoParamount Skydance
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Discovery CEO David Zaslav sold about $200 million in company stock as the proposed $110 billion Paramount Skydance merger remains blocked and heads toward a March 2027 antitrust trial. The deal faces antitrust suits from California and other states plus the Writers Guild of America. Litigation could trigger about $1.7 billion in extra payments, while WBD’s 2025 executive pay plan was rejected.

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