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。

公司威胁涨价,消费者将面临更多痛苦

高管警告称,若能源冲击持续,企业将面临更大压力,把成本转嫁给客户。

中国收紧对生产商竞争的监管后,太阳能电池板价格上涨

在一场令头部厂商亏损惨重的价格战之后,价格反弹或将宣告“电池价格不断走低”时代的终结。

为何伊朗战争未必会加速向低碳能源转型

电力供应安全地位上升,可能促使一些国家加码依赖化石燃料。

英国大选的关键议题是什么?

改革党、绿党、苏格兰民族党、威尔士党和自由民主党都希望从两大主流政党手中夺得更多席位。

特朗普家族加密项目起诉孙宇晨诽谤

在孙宇晨以涉嫌欺诈起诉世界自由金融之后,世界自由金融对这位主要投资者提出了指控。

控制科学——一场针对管理者的片面指控

从19世纪工厂的监察塔到亚马逊仓库的数据架构,亨利•斯诺将监视工人的人描绘为资本主义的反派。
设置字号×
最小
较小
默认
较大
最大
分享×