WBD CEO David Zaslav will see his pay package take a hit after the proposed separation of Warner Bros. Discovery in 2026, while he's also set to receive millions of new stock options.

The chief executive of CNN’s parent company, Warner Bros. Discovery, David Zaslav, is expected to get hit with a major pay cut, three years into a disastrous merger of Warner Brothers and Discovery, which was accompanied by a disastrous drop in ratings and revenue for CNN, once considered the crown jewel of the now vanished Time Warner company..

Warner Bros. Discovery shareholders registered complaints that the salary they’d already paid CEO David Zaslav was too damn high. To fix this for the future, Deadline reports that the studio head will have his pay “substantially” reduced when the company splits into two entities,