Warner Bros shareholders approve $111bn Paramount deal - FT中文网
登录×
电子邮件/用户名
密码
记住我
请输入邮箱和密码进行绑定操作:
请输入手机号码,通过短信验证(目前仅支持中国大陆地区的手机号):
请您阅读我们的用户注册协议隐私权保护政策,点击下方按钮即视为您接受。
商业快报

Warner Bros shareholders approve $111bn Paramount deal

Entertainment group’s investors delivered a protest vote against CEO David Zaslav’s $700mn pay package
00:00

{"text":[[{"start":7.6,"text":"Warner Bros Discovery shareholders have approved its $111bn takeover by Paramount Skydance, but lodged a protest vote against plans to pay chief executive David Zaslav a “golden parachute” potentially worth more than $700mn."}],[{"start":24.65,"text":"The decision by investors to back the Paramount deal brings a merger that has rocked Hollywood one step closer to fruition. Paramount had been locked in a bidding war with Netflix to acquire WBD since last autumn, finally winning the auction with a knockout bid of $31 a share in February."}],[{"start":43.25,"text":"“We appreciate the support and confidence our stockholders have placed in us,” said WBD chair Samuel Di Piazza. “With Paramount, we look forward to creating an exceptional combined company that will expand consumer choice and benefit the global creative talent community.”"}],[{"start":59.3,"text":"However, investors rejected executive pay proposals that could see Zaslav make more than $700mn, albeit in a nonbinding advisory vote. The breakdown of votes has not yet been disclosed."}],[{"start":72.25,"text":"The WBD chief is set to receive $34.2mn in cash severance payments, $115.8mn in vested stock and $517.2mn in unvested share awards, according to past company filings. "}],[{"start":87.9,"text":"In addition, Zaslav is in line to receive estimated tax reimbursements of up to $335.4mn, although these will fall over time as more shares vest and go to zero if the deal’s completion gets pushed back to 2027. WBD said it expected the deal to complete in the third quarter. "}],[{"start":106.80000000000001,"text":"Zaslav won plaudits from shareholders for overseeing an auction that ended with a bid more than three times higher than where WBD’s shares were trading at this time last year. "}],[{"start":118.00000000000001,"text":"But his pay has been a contentious issue for years. Zaslav was awarded a stock-options-heavy package worth $247mn in 2021. "}],[{"start":128.05,"text":"The WBD takeover is now in the hands of regulators, including the US Department of Justice and competition authorities in the UK and EU."}],[{"start":136.4,"text":"Resistance to the deal is mounting in Hollywood. More than 1,000 actors, screenwriters, directors and others — including Glenn Close, Emma Thompson and Ben Stiller — this month signed an open letter opposing it."}],[{"start":150.6,"text":"There are concerns that the sale of WBD to Paramount, which is planning to make significant cost cuts to hit a $6bn synergy target, will lead to extensive job losses and fewer options for film and TV makers."}],[{"start":164.45,"text":"Paramount has committed to making at least 30 movies every year and showing them all in cinemas."}],[{"start":170.45,"text":"In a statement on Thursday, Jane Fonda’s Committee for the First Amendment — comprised of more than 3,000 actors, writers, journalists, creators and people in the entertainment industry — lamented shareholders’ decision to approve the deal. "}],[{"start":185.75,"text":"It was a “serious setback for our industry, for the workers who sustain it, for consumers and for the fundamental democratic values that depend on a diverse and independent media landscape”, the group said. "}],[{"start":205.65,"text":""}]],"url":"https://audio.ftcn.net.cn/album/a_1776994549_6267.mp3"}

版权声明:本文版权归FT中文网所有,未经允许任何单位或个人不得转载,复制或以任何其他方式使用本文全部或部分,侵权必究。

能源危机加剧,燃料补贴拖累公共财政

过去四个月,出台燃料补贴以保护消费者免受价格飙升影响的国家数量增加了一倍多,各国财政压力进一步加重。

全球最火热股市为何反成韩国之累

韩国股价的剧烈波动正在损害国家形象。

必须采用不同方式监管金融领域的AI

在我们急于监管之前,我们应该思考如何不剥夺这项工具的益处,又管理好其造成伤害的风险。

他会成为印度尼西亚下一任总统吗?

德迪•穆利亚迪在社交媒体上的高度活跃,帮助他与选民建立起深厚联系。在许多人眼中,他是一个真正贴近民众的“自己人”。
22小时前

多边主义不是理想主义,而是现实必需

我们需要加强现有合作体系,而不是另起炉灶。

一周展望:日本央行担心通胀超调有没有道理?

投资者正评估日本央行将以多大力度继续加息,以及该行能否跑赢曲线,从而遏制通胀、支撑日元。
设置字号×
最小
较小
默认
较大
最大
分享×