Warner Bros. Discovery shareholders approve Paramount Skydance deal
Warner Bros. Discovery shareholders on Thursday voted "overwhelmingly" in favor of the merger with Paramount Skydance, clearing a critical hurdle.Yes, but: Shareholders did not approve the executive compensation package presented at the meeting.Why it matters: The executive compensation package would have seen CEO David Zaslav earning at least $500 million.Zoom in: More than 1.4 billion votes were cast against the compensation proposal, versus the 307.7 million in favor. Each share of WBD common...
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