Business · Companies · 4 hrs ago

Skydance names leaders for its combined advertising business

Skydance names leaders for its combined advertising business

Skydance has named leaders for its combined advertising business after its merger with Warner Bros.

Discovery.

The $110 billion merger was completed this month, bringing brands including Paramount, HBO, CBS and CNN into Skydance's portfolio.

Jay Askinasi, Skydance's chief revenue officer for advertising, shared the new leadership structure in a staff memo.

The team will oversee sales, ad partnerships, operations, marketing and product strategy in the United States.

Steve Ellis will remain chief operating officer for advertising and integration lead, while Lee Sears will continue to lead Paramount's international advertising business.

The company has not settled the structure for Warner Bros.

Discovery's international advertising business, saying executives are still evaluating it.

Askinasi said the organization aims for clearer responsibilities and faster decisions, and two Warner Bros.

Discovery ad executives will continue to work with him through the fourth quarter.

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What people are saying

Jay AskinasiSkydance chief revenue officer for advertising
This team reflects how we intend to work: with clear ownership, fewer layers, and leaders who are close to the work.
via Business Insider
We will organize around how clients plan and buy, elevate our strongest IP and creative capabilities, and use shared data and intelligence to make faster, better decisions.
via Business Insider