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CEO Of Paramount Alongside David Ellison
Deadline • • business
Key Points:
- David Ellison has appointed Ynon Kreiz, former Mattel CEO, as co-CEO of the soon-to-expand media company formed by Paramount and Warner Bros Discovery, effective upon the deal's expected close early next week.
- The co-CEO structure divides responsibilities, with Ellison focusing on long-term strategy, creative vision, and partnerships, while Kreiz will handle day-to-day management and business integration.
- Kreiz brings extensive media experience, having led Mattel, Maker Studios, Endemol Group, and Fox Kids Europe, and is praised for his ability to blend storytelling with technology and franchise-building.
- Ellison and Kreiz emphasize building a global, creator-first, tech-forward entertainment platform that innovates and scales across multiple distribution channels.
- RedBird Capital's Gerry Cardinale commended the leadership duo for successfully navigating historic acquisitions and setting the company up with strong operational capabilities and strategic vision.
