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Despite 82% shareholder opposition and missed financial targets, the former WBD chief exits with a fortune as the Paramount merger threatens more jobs.
This is Skydance’s second major animation leak of the year, exposing artists’ working files months after the unreleased ‘Avatar’ film leaked online in full.
With more than $80 billion in debt and a target of $6 billion in annual savings, executives at the media giant warn of “difficult decisions” to come.
Two of Hollywood’s most significant animation legacies are now part of the same company, marking the end of a long chapter in the industry’s history.
In a farewell video to WBD employees, Zaslav reflects on his tenure after four years of deep cuts and upheaval across Warner Bros. animation.
David Ellison is putting his 20-year-old brand atop two studios with more than a century of Hollywood history each as the $111B deal nears closing.
Paramount Skydance, backed by the Ellison family, is weighing a bid for Warner Bros. Discovery in a move that could reshape Hollywood’s studio landscape.
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The deal will have huge ramifications for the animation industry, including a major new role for John Lasseter.
The deal is valued around $8 billion.