Ynon Kreiz Joins David Ellison As Co-CEO Of Merged Paramount And Warner Bros Discovery
Mattel executive Ynon Kreiz will become co-CEO of the new company formed by the merger of Paramount and Warner Bros Discovery starting October 5, 2026.
Leadership Roles Defined
David Ellison will serve as chairman and CEO while managing strategy and technology functions. Kreiz will oversee daily operations and the integration of the two businesses. He is stepping down from his role at Mattel to take this position.
Merger Timeline Confirmed
The combined entity is expected to finalize its merger with Warner Bros Discovery on October 6. A judge recently approved the settlement of an antitrust lawsuit involving twelve state attorneys general. This legal clearance was the final step before the deal could close.
Board Appointment Details
Kreiz will also join the board of directors for the new organization. The company has not yet announced a specific name for the merged business. Both leaders report jointly to each other within the corporate structure.
All 2 outlets report consistently
No differences in figures, names or dates across these reports.
- Variety
- The Hollywood Reporter
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2 independent outlets. Headlines as published. Links open the original report.