The new and huger Paramount has a new co-CEO

<figure> <img alt="" data-caption="" data-portal-copyright="Getty Images" data-has-syndication-rights="1" src="https://platform.theverge.com/wp-content/uploads/sites/2/2026/09/gettyimages-2279296662.jpg?quality=90&#038;strip=all&#038;crop=0,0,100,100" /> <figcaption> </figcaption> </figure> <p class="wp-block-paragraph">Paramount is appointing a new co-CEO ahead of the close of its <a href="https://www.theverge.com/entertainment/886478/warner-bros-discovery-paramount-merger-agreement">$110 billion merger</a> with Warner Bros. Discovery. Ynon Kreiz, previously Mattel's chairman and CEO, will be joining Paramount to lead alongside chairman and CEO David Ellison.</p> <p class="wp-block-paragraph">According <a href="https://www.paramount.com/press/chairman-and-ceo-david-ellison-announces-ynon-kreiz-co-ceo-of-the-anticipated-combined-paramount-and-warner-bros-discovery-at-closing-to-help-build-the-next-generation-global-media-company">to Paramount</a>, "Ellison will focus on the company's long-term strategy, creative vision and direction, including its talent relationships, strategic partnerships, technology and capital allocation. Kreiz will focus on the company's day-to-day management and integration of the combined businesses." The combined Paramount and Warner Bros. Discovery will "report jointly" to Ellison and Kreiz. </p> <p class="wp-block-paragraph">Kreiz …</p> <p><a href="https://www.theverge.com/news/1003037/paramount-david-ellison-co-ceo-ynon-kriez">Read the full story at The Verge.</a></p>