Warner Bros. Discovery CEO David Zaslav Sends Farewell Video Ahead of Skydance Deal
David Zaslav recorded a three-minute farewell video for Warner Bros. Discovery staff as the company approaches its acquisition by Skydance, amid reports of a large severance package and upcoming layoffs.
Warner Bros. Discovery chief executive David Zaslav delivered a company-wide video message on the morning of the final day before the pending Skydance acquisition. Filmed in a director’s chair at the studio’s Burbank warehouse, the three-minute clip highlighted the creative contributions of employees, noting that ideas become “something real” that connects with audiences and becomes part of culture. Zaslav expressed gratitude for his tenure, saying it was “a great honor to be alongside all of you” and thanked staff for their work over the years.
The video was released as the merger proceeds, with Zaslav’s compensation package reported to potentially exceed $800 million. Industry observers note that the transaction is expected to trigger significant workforce reductions, creating uncertainty among employees on the lot.
"So tone deaf," one executive reportedly commented on the farewell address, reflecting the mixed reactions among staff.