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    Ynon Kreiz Named Co-CEO of Paramount-Warner Bros. Discovery Ahead of Merger

    Section editor: ·Moderate5 articles covering this·5 news sources·Updated a day ago·World
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    Ynon Kreiz appointed co-CEO of Paramount-Warner Bros. Discovery, showcasing the merger's impact on the entertainment industry.

    What happened

    On September 30, 2026, Ynon Kreiz was appointed co-CEO of the newly merged Paramount and Warner Bros. Discovery.

    The Context

    • Leadership Structure: Kreiz will oversee daily operations and integration, while David Ellison focuses on long-term strategy and creative direction.
    • Industry Consolidation: This merger is part of a broader trend in Hollywood, with Paramount pursuing a $110 billion acquisition of Warner Bros. Discovery.
    • Kreiz's Track Record: Under Kreiz, Mattel's Barbie film grossed nearly $1.45 billion globally, showcasing his ability to drive successful franchises.

    The Number

    $1.45 billion

    — This figure represents the global box office gross of the 2023 Barbie film, highlighting Kreiz's impact on franchise success and his potential influence on the merged entity's profitability.

    Takeaway

    As Kreiz steps into his new role, expect strategic shifts that could enhance the entertainment landscape and your viewing options.

    5 Articles
    Investing.com

    Paramount gets court green light on Warner Bros deal, names Mattel’s Kreiz co-CEO

    Paramount has received court approval to proceed with its $111 billion acquisition of Warner Bros. Discovery, marking a significant milestone in a deal that faced legal challenges from multiple states. Additionally, Ynon Kreiz, the CEO of Mattel, has...

    The Wall Street Journal

    Mattel’s Ynon Kreiz Named Co-CEO at Paramount-Warner

    Ynon Kreiz, the CEO of Mattel, has been appointed as co-CEO of Paramount as the company moves to finalize its $111 billion acquisition of Warner Bros. Discovery. This leadership transition is significant as it marks Kreiz's shift from Mattel to a maj...

    The New York Times

    Mattel Chief Named Co-C.E.O. of Combined Paramount and Warner Bros.

    Ynon Kreiz, the CEO of Mattel, has been appointed as co-chief executive officer of the newly merged entity of Paramount and Warner Bros. Discovery, working alongside David Ellison. This transition follows Kreiz's successful tenure at Mattel, where he...

    Financial Times

    Paramount names Mattel boss co-CEO as it looks to close Warner Bros deal

    Ynon Kreiz, the CEO of Mattel, has been appointed as co-CEO of Paramount as the company seeks to finalize its $111 billion acquisition of Warner Bros. Discovery, which has faced legal challenges from multiple states. This appointment comes amid ongoi...

    Business Insider (Non-Premium)

    David Ellison picks Mattel's CEO to share his Paramount-WBD empire with

    David Ellison has appointed Ynon Kreiz, the former CEO of Mattel, as co-CEO of Paramount Skydance, coinciding with the company's $110 billion acquisition of Warner Bros. Discovery (WBD). This strategic move follows the successful settlement of lawsui...