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Paramount names Ynon Kreiz Co-CEO as Warner Bros. Discovery merger nears completion

Company Fundamentals
30 Sep 2026
PRNewsWire
View Source
Bullish
Paramount names Ynon Kreiz Co-CEO as Warner Bros. Discovery merger nears completion

Paramount Skydance Corporation announced Ynon Kreiz as Co-CEO alongside David Ellison, effective upon the closing of its merger with Warner Bros. Discovery. Ellison will focus on long-term strategy and creative vision, while Kreiz will manage day-to-day operations and integration. Kreiz brings over 30 years of media and entertainment leadership, including transforming Mattel and leading major content ventures. The merger aims to create a global media powerhouse with over 200 million streaming subscribers and $6 billion in synergies, focusing on content, technology, operational efficiency, and trust.

The announcement of Ynon Kreiz as Co-CEO alongside David Ellison at the combined Paramount and Warner Bros. Discovery is provided here with a snapshot of the Media sector on Pluang. For readers following this sector, as of Oct 01, 2026 03:02 WIB, 23 of 45 priced US Media stocks rose while 21 fell. Notably, PPLI (IAC/Interactivecorp) rose 3.04% but saw 100% sell orders with a typical hold time of 79 days, contrasting with NRDS (Nerdwallet Inc) which rose 2.87% and had a more balanced order activity of 46% sell and 54% buy with a shorter hold time of 45 days. SNAP (Snap Inc) increased 2.49% with an even split in order activity and a hold time of 68 days.

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