Here's what David Ellison told Paramount employees about the new co-CEO he just hired
Paramount Skydance's David Ellison just introduced new co-CEO Ynon Kreiz ahead of its $110 billion deal with Warner Bros. Discovery.
David Ellison, CEO of Paramount Skydance, introduced Ynon Kreiz as his new co-CEO for the upcoming merger with Warner Bros. Discovery. Kreiz previously served as CEO of Mattel since 2018 and has been instrumental in transforming the toy company into an entertainment powerhouse. Ellison expressed confidence in Kreiz's ability to complement his skills and vision for the combined company, stating that they share a common goal for the future.
The memo emphasized Kreiz's extensive experience in entertainment, including his time as CEO of Maker Studios and Endemol Group. Ellison highlighted the potential for the two leaders to integrate and operationalize the businesses effectively as they build a next-generation media company.
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