
Dear Supporters,
I am writing to share that I will be officially closing this petition today. This decision comes after a significant and complex turn of events at today’s Warner Bros. Discovery (WBD) special meeting.
The Current Situation:
Despite our collective voice and the efforts of thousands who signed, WBD shareholders have overwhelmingly approved the $111 billion merger with Paramount-Skydance. This means the deal is officially moving forward toward an expected close in the third quarter of 2026.
A Small Victory:
However, there is a silver lining. In a powerful symbolic move, shareholders voted against the massive "golden parachute" exit pay packages for David Zaslav and other top executives. While the board is not legally bound by this vote to withhold the pay, it sent a clear message that investors share our dissatisfaction with current leadership.
Why I am Closing the Petition:
The approval of the merger represents a fundamental shift in the company’s corporate structure. With David Ellison set to take control of the new combined empire, the specific path we campaigned for—hiring Jim Samples as CEO under the previous WBD structure—is no longer a viable corporate reality.
I want to thank every one of you for your passion and dedication to restoring the creative health of the studios we love. While we didn't get our preferred leadership change today, the rejection of these executive pay packages shows that our message about accountability was heard.
Thank you for being part of this fight.