# Warner Bros.

*business · news · 2026-05-01 · Raw Story*

## Key points

- Warner Bros. Discovery shareholders approved the Ellison family's purchase with a 99 to 1 majority.
- The acquisition will add approximately $79 billion in debt to Warner Bros. Discovery.
- CEO David Zaslav could receive $886 million for leading the sale, aside from his regular pay.
- Institutional investors like Vanguard, BlackRock, and State Street hold over 70% of Warner Bros. Discovery shares.
- CBS News, CNN, HBO, and TikTok may come under control of Trump allies, the Ellisons.

**Companies:** Warner Bros. Discovery, Oracle, Vanguard Group, BlackRock, State Street
**Countries:** United States

[Read the full story on Raw Story](https://www.rawstory.com/larry-ellison-paramount-warner-bros/)

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