Instagram/David Zaslav & Ted Sarand TV Warner Bros. Discovery CEO David Zaslav pivots from Netflix to pursue a "superior offer" and potential merger with Paramount, promising major gains for share... March 12, 2026 AceShowbiz - David Zaslav, CEO of Warner Bros. Discovery, has officially shifted course after recent negotiations with Netflix, signaling a new partnership focus on Paramount. Just a week ago, Warner Bros. Discovery had a deal agreed upon with Netflix, but that arrangement has now been set aside.