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The Guardian - UK
The Guardian - UK
Entertainment
Lauren Almeida and Mark Sweney

RARE PHOTOS: Warner bros ceo david zaslav in line for 700m payout from paramount deal | Rare Historical Photos

David Zaslav at the 98th Annual Oscars
David Zaslav attended the Academy Awards ceremony on Sunday, at which Warner Bros Discovery films won 11 Oscars. Photograph: Michael Buckner/Penske Media/Getty Images

David Zaslav, the chief executive of Warner Bros Discovery, is in line for a $700m (£525m) payday from the $110bn sale of the Hollywood studio to Paramount Skydance.

Zaslav could receive $34.2m in cash severance payments, $115.8m in vested stock and $517.2m in unvested share awards once the deal is complete, according to a filing from Warner Bros Discovery on Monday.

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