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'If you don't know Ynon yet…': How Paramount's David Ellison introduced new co-CEO to employees, report reveals 'memo'
Mint 50 min ago·1 Oct 2026, 9:35 am
Paramount Global and Skydance have announced a significant leadership change following their pending merger. David Ellison, who will lead the combined entity, has introduced Ynon Kreiz as the new co-CEO. This appointment is a key step in the process of finalizing the deal to acquire Warner Bros. Discovery, which is expected to create a major player in the entertainment industry.
This move is important for investors as it signals the operational integration of two large media companies. The appointment of a seasoned executive like Kreiz, who previously led Mattel, suggests a focus on stabilizing operations and driving growth in the new combined organization. It also highlights the strategic importance of the merger to the broader media landscape.
Investors should watch for updates on the regulatory approval process and the timeline for the merger's completion. The successful integration of the two companies and the execution of Kreiz's strategy will be critical factors in determining the long-term performance of the new entity.
Excerpt from Mint
Paramount Skydance's David Ellison introduced his new co-CEO, Ynon Kreiz, to the employees just ahead of the company's merger with Warner Bros. Discovery. In a purported memo, Ellison said, "If you don't know Ynon yet, you're about to. If you do, you already know how lucky we are." David Ellison earlier announced that…Read the original at Mint
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