Instagram/David Ellison & Andrew Br Celebrity Paramount CEO David Ellison lands $150M merger package; other execs also get massive bonuses in Warner Bros. Discovery deal. May 11, 2026 AceShowbiz - David Ellison, the CEO of Paramount, is set to receive a substantial compensation package valued at $150 million following the completion of the company's merger with Warner Bros. Discovery. According to a recent SEC filing, the package includes a $50 million cash award along with restricted stock units (RSUs) worth $100 million.