Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Warner again modifies Zaslav’s contract
Los Angeles Times
|November 16, 2025
Warner Bros. Discovery has modified Chief Executive David Zaslav’s contract for a second time this year to prepare for the company’s proposed breakup.
EVAN AGOSTINI Invision Associated Press WARNER BROS. DISCOVERY CEO David Zaslav's contract has been extended through December 2030.
This month's alterations were outlined in a Securities and Exchange Commission filing on Thursday — a week before initial bids are due in the Warner Bros. Discovery auction. Industry sources expect Paramount, Comcast and Netflix to make offers for the embattled entertainment company that owns HBO, CNN, Food Network and the storied Warner Bros. movie and television studios.
Warner Bros. Discovery declined to comment.
The sale kicked off in September when David Ellison-led Paramount made an unsolicited offer for Warner Bros. Discovery a month after Ellison and RedBird Capital Partners had acquired Paramount from the Redstone family in an $8-billion deal.
This story is from the November 16, 2025 edition of Los Angeles Times.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Los Angeles Times
Los Angeles Times
L.A.'s best teams were saving grace
Their heroics helped make a tough 2025 a bit more bearable
6 mins
January 01, 2026
Los Angeles Times
New search begins for missing Malaysia Airlines Flight 370
The flight from Kuala Lumpur to Beijing disappeared in 2014 with 239 on board.
2 mins
January 01, 2026
Los Angeles Times
10 page-turners for a new year
As the new year begins, novelists send characters to great heights in Tibet and Wyoming, to the great depths of the 19th century Atlantic and back in time, to early 20th century Pakistan.
4 mins
January 01, 2026
Los Angeles Times
China announces 'successful' end to its Taiwan maneuvers
Beijing's military actions had ratcheted up tension in East Asia at year's end.
3 mins
January 01, 2026
Los Angeles Times
Dollar facing its worst year since 2017 amid Fed chair drama
The dollar was poised for its sharpest annual retreat in eight years and investors say more declines are coming if the next Federal Reserve chief opts for deeper interest rate cuts as expected.
1 mins
January 01, 2026
Los Angeles Times
Ducks work overtime to lose fourth in a row
Darren Raddysh scored midway through overtime, and the Tampa Bay Lightning blew three one-goal leads before beating the Ducks 4-3 at Honda Center on Wednesday for their fifth consecutive victory.
1 min
January 01, 2026
Los Angeles Times
Trump's plan for Maduro remains unclear
His revelation of a covert CIA strike in Venezuela set off a scramble in D.C.
3 mins
January 01, 2026
Los Angeles Times
Russia reopens Mariupol theater where hundreds died
Ukrainian civilians were sheltering in the building in 2022 when Moscow destroyed it.
2 mins
January 01, 2026
Los Angeles Times
Edison is ordered to assess idle lines
In aftermath of Eaton fire, regulators tell utility to identify risks of unused equipment.
4 mins
January 01, 2026
Los Angeles Times
Feds announce Disney settlement over violations of child privacy
Walt Disney Co. has settled claims that it violated child privacy laws, said the U.S. Department of Justice, with a federal court entering a stipulated order resolving the case this week.
1 mins
January 01, 2026
Listen
Translate
Change font size