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Ellison Warns $7 Million Daily Fee Starting Oct. 1

8/14/2026

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Story summary
  • Warner Bros. Discovery CEO David Zaslav sold 773,173 shares worth $21,655,292 on Thursday, raising his total stock sales to $195 million.
  • The $110 billion merger, challenged by a lawsuit from 12 state attorneys general, triggers a warning from Paramount CEO David Ellison that a $7 million-per-day fee will start Oct. 1 if unresolved.
  • If the merger closes, Zaslav would receive a golden-parachute of $551.5 million.