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Warner Bros. Discovery is part of a newly formed entertainment giant following a major merger. CutMirchi covers the company's post-merger changes, including leadership shifts, rebranding efforts, and ongoing workforce adjustments.
Warner Bros Discovery's top five executives, led by David Zaslav, collected more than $1.1 billion in merger-related compensation when the Paramount Skydance takeover closed this week, per SEC filings.
David Zaslav received $606.1 million in shares and options from the WBD-Paramount merger, including $224.4 million in sold stock and $381.7 million in exercised options. He had previously sold $195 million in shares under a Rule 10b5-1 plan. Other executives received transaction bonuses, while Zaslav’s potential tax reimbursement dropped due to delayed closure. Shareholders rejected his golden-par
The new employment contracts come after the $110 billion Paramount-Warner Bros. Discovery officially closed on Tuesday. Class B shares of the company were also transferred to the New York Stock Exchange under the ticker SKYD.
Skydance has confirmed that both the Paramount and Warner Bros. lots will remain operational for at least five years following the merger, with film likely based at Paramount and TV/streaming at Warner Bros. This reorganisation will require major executive moves, including from George Cheeks, Casey Bloys, and others. The decision follows a legal settlement with state attorneys general, but experts
Dana Goldberg and Josh Greenstein have promised that Paramount Pictures and Warner Bros. Pictures will continue operating separately under their own banners, preserving brand identities in the wake of the Paramount-Warner Bros. merger. Yet internal memos from David Ellison confirm layoffs are coming, raising questions about how long the independence can last.
Skydance closed its $110 billion merger with Warner Bros Discovery on Tuesday and immediately began rebranding the Burbank lot, even as reports surface of coming layoffs and a longshot Supreme Court bid to block the deal.
The combined company now has the scale of Netflix and Disney—but also $80 billion in debt. Layoffs are expected, streaming prices will likely rise, and AI will be deployed to cut costs. But can it actually deliver?
Skydance officially opens for business after the $111 billion merger of Paramount and Warner Bros. Discovery closes. The new company, led by David Ellison, inherits $80 billion in debt, a promise to release 30 films yearly, and a string of regulatory conditions — including an editorial oversight board for CNN and a five-year layoff pause at CBS. Now, the cuts begin.
David Ellison has unveiled the executives who will run the newly merged Paramount-Warner Bros. Discovery empire. Casey Bloys heads streaming, Josh Greenstein and Dana Goldberg lead film, George Cheeks oversees TV, and Mark Thompson stays at CNN. James Gunn and Peter Safran remain at DC Studios. The company launches Tuesday.
The sequel to Greta Gerwig’s 2023 blockbuster is stuck in negotiations, with key creatives demanding high fees and the studio facing a deadline to avoid losing rights to Mattel.
The merger of Paramount and Warner Bros. Discovery officially closes on Oct. 6, rebranding as Skydance Corp. under David Ellison’s leadership. After months of legal battles, threats to leave California, and a last-minute court approval, the new entity will operate under the ticker SKYD.
Gunn and Safran stay at DC Studios after Paramount's WBD takeover — but the clock is ticking on their legacy.
The $111 billion Paramount Skydance-Warner Bros. Discovery merger is set to close on October 6, after a U.S. federal judge approved the antitrust settlement. The deal mandates at least 30 theatrical releases per year for five years — with a 45-day window and 90-day hold before streaming. In Europe, where production hubs like Leavesden are already bracing for shifts, the focus isn’t on the size of…
An anonymous insider claims Bari Weiss's job at CBS News is at risk once Paramount's Warner Bros. Discovery merger completes, citing weak ratings at 60 Minutes and CBS Evening News.
Mark Ruffalo reacted to a judge approving the Paramount-Warner Bros Discovery merger settlement, calling it disappointing and vowing the opposition movement isn't done fighting the $110 billion deal.
Cindy Holland has left Paramount Skydance as its streaming chief, clearing the path for HBO's Casey Bloys to run the combined Paramount+ and HBO Max platform after the WBD merger closes.
At FICCI Frames 2026, Warner Bros Discovery's Denzil Dias explained how holding Obsession back two weeks, launching against IPL matches and skipping upfront marketing helped the film multiply its opening weekend twelvefold in India.
Paramount's direct-to-consumer chair Cindy Holland is leaving as the Warner Bros. Discovery deal advances, with HBO Max's Casey Bloys tipped to run the combined streaming operation.
Cindy Holland, Paramount Skydance's streaming chief, has resigned effective immediately, clearing a path for HBO's Casey Bloys as the $111-billion Warner Bros Discovery deal nears court approval.
During the ‘Cinema at Crossroads’ panel in Mumbai, Ayushmann Khurrana pressed Sriram Raghavan on a follow‑up to the hit thriller Andhadhun, receiving a promise that a sequel will happen only if the story lives up to the original.
The End of Oak Street, David Robert Mitchell's sci-fi thriller starring Anne Hathaway and Ewan McGregor, arrives digitally September 15 and on 4K, Blu-ray and DVD November 3, after a quiet theatrical run.
Realme has unveiled a Harry Potter edition of its 16 Pro 5G, its second straight crossover with Warner Bros. Discovery after 2025's Game of Thrones limited edition. No price or launch date yet.