Paramount: New Co-CEO Will Run Operations As Firm Gets Clearance To Close Warner Bros. Acquisition
Paramount hired Mattel CEO Ynon Kreiz to serve as co-CEO with CEO David Ellison starting Oct. 5, 2026. It also announced that the US District Court in Northern California has officially resolved the lawsuits Paramount settled on Sept. 21, clearing the way to close the Warner Bros. Discovery merger.