A major transaction has long felt inevitable. The 2022 merger saddled the company with roughly $50 billion in debt, leaving its leadership little choice but to explore a breakup or sale. If the split proceeds, WBD CEO David Zaslav would continue leading the Warner Bros. side, and Discovery Global would be led by current CFO David Wiedenfels.

A new update has come out about Paramount’s efforts to acquire Warner Bros. Discovery, as Paramount CEO David Ellison has revealed WBD’s CEO David Zaslav stopped responding to his texts before Netflix win.

There's a good chance that his reign in entertainment is about to come to a close when Discovery sells. The only question is his legacy.

David Zaslav just pulled off one of the greatest media mergers of the century — but that doesn’t mean he’s done wheeling and dealing.

Warner Bros. Discovery CEO David Zaslav told staff Friday that the company's pending sale to Netflix is unlikely to lead to sweeping layoffs.