Paramount Skydance and Warner Bros. Discovery Announce Leadership Team for Merged Entity
The merger between Paramount Skydance (PSKY) and Warner Bros. Discovery (WBD) is set to close on Tuesday, forming the new company named Skydance. CEO David Ellison of Paramount Skydance and incoming co-CEO Ynon Kreiz have announced a leadership team composed of executives from both companies who will report directly to them. Key appointments include Casey Bloys as co-chair and chief content officer for the direct-to-consumer division, overseeing HBO Max and Paramount+. George Cheeks becomes co-chair and chief content officer for Skydance TV. JB Perrette joins as a co-chair alongside Bloys and Cheeks in streaming and games roles. CBS News editor-in-chief Bari Weiss and CNN Worldwide chairman Mark Thompson will retain their positions leading the news divisions. The $110 billion merger was announced in February, with regulatory hurdles recently cleared after settling a lawsuit from state attorneys general last month.
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