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Jay Askinasi to head ad sales at Paramount Skydance; WBD executives exit
Jay Askinasi to head ad sales at Paramount Skydance; WBD executives exit

David Decker named President of Content Sales; Ray Hopkins to serve as President of Distribution

Skydance leadership unveiled: David Ellison to be Chairman-CEO & Ynon Kreiz Co-CEO
Skydance leadership unveiled: David Ellison to be Chairman-CEO & Ynon Kreiz Co-CEO

While Andy Gordon will be President, Rebecca Mall named Chief Marketing Officer, Mark Thompson remains Chairman and Editor-in-Chief of CNN, & Bari Wei...

Combined Paramount & Warner Bros Discovery to be named Skydance: David Ellison
Combined Paramount & Warner Bros Discovery to be named Skydance: David Ellison

As per news reports, the merger is expected to close on Tuesday and Ellison could reportedly unveil the leadership structure for the combined company...

Mattel’s Ynon Kreiz named Co-CEO of Paramount Skydance
Mattel’s Ynon Kreiz named Co-CEO of Paramount Skydance

The appointment comes as Paramount nears completion of Warner Bros. Discovery merger

Paramount launches $7.5 bn loan syndication to fund Warner Bros Discovery deal
Paramount launches $7.5 bn loan syndication to fund Warner Bros Discovery deal

Paramount has said it intends to utilize net proceeds, along with cash on hand and equity financing to finance purchase price for the acquisition and...

Paramount-Warner Bros merger moves closer as US states settle antitrust lawsuit
Paramount-Warner Bros merger moves closer as US states settle antitrust lawsuit

The $110-billion deal would bring CNN, HBO Max, Paramount+, and CBS under one corporate owner, reshaping the global streaming and television landscape

WBD deal: Paramount could face $30 mn penalty for every missed theatrical release
WBD deal: Paramount could face $30 mn penalty for every missed theatrical release

As per reports, the settlement discussions could also include Miramax sale and $1.5 billion US film production investment

Michael Willeke to join Paramount as VP Marketing GSA
Michael Willeke to join Paramount as VP Marketing GSA

Willeke is currently Vice President-Marketing -Sparkling Flavours Europe at Coca-Cola

Paramount to sign deal with theatres for 30 films a year post WBD acquisition: Reports
Paramount to sign deal with theatres for 30 films a year post WBD acquisition: Reports

According to media reports, Paramount is offering theater operators a three-year agreement under which the company will promise to release at least 30...

David Ellison defends Paramount-Warner Bros. Discovery merger amid legal battle
David Ellison defends Paramount-Warner Bros. Discovery merger amid legal battle

Ellison’s remarks came as a federal judge scheduled a March 2027 trial to hear antitrust challenges to the merger

Paramount Skydance–Warner Bros Discovery merger paused until June 2027
Paramount Skydance–Warner Bros Discovery merger paused until June 2027

According to media reports, the delay follows lawsuits filed by 12 US states and the Writers Guild of America, which contend that the merger would red...

Paramount–WBD deal remains on hold until August 17
Paramount–WBD deal remains on hold until August 17

As per reports, California and 11 other US states have challenged the proposed $110 billion merger

Paramount's $110 bn Warner Bros. Discovery acquisition faces US lawsuit
Paramount's $110 bn Warner Bros. Discovery acquisition faces US lawsuit

California and 11 other states in the US have filed suit seeking preliminary injunction

Leadership Timeline
8 Updates
Oct 2026 Latest

Ynon Kreiz — Co-CEO (appointment)

Ynon Kreiz appointed as Co-CEO of Paramount Skydance.

Oct 2026

David Ellison — CEO (appointment)

David Ellison announced the new corporate name for the combined entity of Paramount and Warner Bros Discovery as Skydance.

Sep 2026

Michael Willeke — VP Marketing GSA (appointment)

Michael Willeke to join Paramount as VP Marketing GSA for Germany, Switzerland, and Austria.

Oct 2023

David Ellison — CEO (appointment)

David Ellison indicated plans to close the merger transaction.

Oct 2023

David Ellison — CEO (appointment)

CEO David Ellison indicated plans to close the merger transaction.

Oct 2023

Ynon Kreiz — Co-CEO (appointment)

Ynon Kreiz appointed as Co-CEO of Skydance.

Oct 2023

Ynon Kreiz — Co-CEO (appointment)

Ynon Kreiz appointed as Co-CEO of Skydance.

Oct 2023

Jay Askinasi — Head of Advertising Sales (appointment)

Jay Askinasi has been appointed to lead advertising sales at Paramount Skydance following its merger with Warner Bros. Discovery.

AI Insights
AI
  • Merger with Warner Bros. Discovery. The merger is expected to close soon, significantly impacting the media landscape by combining major brands like CNN, HBO Max, and Paramount+ under one roof.
  • Financial Strategy. Paramount is actively seeking $7.5 billion in loans to fund the Warner Bros. Discovery acquisition, indicating a strategic approach to managing financial obligations during the merger.
  • Film Release Commitment. Post-acquisition, Paramount plans to commit to releasing at least 30 films annually, which could strengthen its position in the theatrical market.
  • Leadership Changes. The merger has led to significant leadership changes, including the appointment of David Ellison as Chairman-CEO and Ynon Kreiz as Co-CEO, which may influence the company's strategic direction.
  • Antitrust Challenges. The merger faces legal scrutiny, with a federal trial scheduled for March 2027 to address antitrust concerns, which could impact the timeline and execution of the merger.
? FAQs
AI
Paramount is merging with Warner Bros. Discovery in a $110 billion deal that aims to consolidate major media brands.
Paramount is launching a $7.5 billion loan syndication to help finance the acquisition and manage existing debt.
Paramount has committed to releasing at least 30 films annually following the completion of the Warner Bros. Discovery merger.
David Ellison has been appointed Chairman-CEO, and Ynon Kreiz is the Co-CEO of the newly formed Paramount Skydance.
The merger is facing antitrust challenges, with a federal trial scheduled for March 2027 to address these concerns.
AI-assisted summary, reviewed by our newsroom
AI

Paramount is in the process of merging with Warner Bros. Discovery, a $110 billion deal that aims to reshape the global streaming and television landscape. As part of this transition, Paramount is launching a $7.5 billion loan syndication to finance the acquisition and has announced plans to release at least 30 films annually post-merger.

Key Executives
5 People
DE
David Ellison
Chairman-CEO
YK
Ynon Kreiz
Co-CEO
DD
David Decker
President of Content Sales
RH
Ray Hopkins
President of Distribution
MW
Michael Willeke
VP Marketing GSA
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