3 hrs ago
Skydance Leadership Takes Shape Ahead of Paramount-Warner Bros Merger
Paramount and Warner Bros.
Discovery are getting ready to become one entertainment company.
The new company will be called Skydance.
The deal is scheduled to finish on October 6.
David Ellison will lead the company, and Ynon Kreiz is expected to help him as co-CEO.
Dana Goldberg and Josh Greenstein are expected to lead the combined movie business.
James Gunn and Peter Safran will stay in charge of DC Studios.
Casey Bloys is reported to be in line to oversee the combined streaming services.
Some leaders from Warner Bros.
Discovery will leave, and Cindy Holland has already left Paramount.
The combined company will be called Skydance, and the merger is scheduled to close October 6.
David Ellison will be chairman and CEO, while Ynon Kreiz is set to join as co-CEO on October 5.
Dana Goldberg and Josh Greenstein are expected to oversee the combined film business.
James Gunn and Peter Safran will continue leading DC Studios, while Casey Bloys is reported to be poised to oversee combined streaming operations.
Several senior Warner Bros. Discovery executives, including David Zaslav, are expected to depart; Paramount streaming chief Cindy Holland has already left.
- Who
- Paramount and Warner Bros. Discovery, led by David Ellison and incoming co-CEO Ynon Kreiz.
- What
- The companies are combining under the name Skydance, with leadership roles set and several executive departures expected.
- Where
- The merger brings together Paramount and Warner Bros. Discovery's entertainment businesses.
- When
- The merger is scheduled to close October 6; Ynon Kreiz is set to join as co-CEO on October 5.
- Why
- David Ellison said the Skydance name gives the combined company its own corporate identity while preserving the Paramount and Warner Bros. brands.
Key facts
- Combined company name
- Skydance
- Reported transaction value
- More than $110 billion
- Scheduled closing
- October 6
- Chairman and CEO
- David Ellison
- Incoming co-CEO
- Ynon Kreiz, joining October 5
- Combined film leadership
- Dana Goldberg and Josh Greenstein are expected to oversee the film business.
- Combined streaming leadership
- Casey Bloys is reported to be poised to oversee the operation; the appointment had not been formally announced at the time of the report.









