NewsEntertainmentStreamingThe new and huger Paramount has a new co-CEOMattel chairman and CEO Ynon Kreiz is joining Paramount to help David Ellison run the company.Mattel chairman and CEO Ynon Kreiz is joining Paramount to help David Ellison run the company.by Jay PetersSep 30, 2026, 11:08 PM UTCShareGiftGetty ImagesPart OfParamount Skydance is buying Warner Bros.see all updates Jay Peters is a senior reporter covering technology, gaming, and more. He joined The Verge in 2019 after nearly two years at Techmeme.Paramount is appointing a new co-CEO ahead of the close of its $110 billion merger with Warner Bros. Discovery. Ynon Kreiz, previously Mattel’s chairman and CEO, will be joining Paramount to lead alongside chairman and CEO David Ellison.According to Paramount, “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.Kreiz joined Mattel in 2018. While he was leading the company, it launched the hit Barbie film in partnership with Warner Bros. Pictures.
His first day at Paramount is October 5th.Today, a judge also approved Paramount’s recently-announced settlement in a lawsuit with several states that had been blocking the Warner Bros. Discovery merger, according to Reuters.On Tuesday, Paramount’s streaming chief, Cindy Holland, announced that she would be stepping down, and Variety reports that HBO boss Casey Bloys is “poised” to take over both Paramount Plus and HBO.Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates.Jay PetersEntertainmentNewsStreamingParamount will need to release way more movies to make this merger workCharles Pulliam-MooreSep 22Paramount settles lawsuit blocking $110 billion Warner Bros. mergerEmma RothSep 21Paramount has reportedly reached a settlement with the state AGs blocking its Warner Bros. merger.Stevie BonifieldSep 21Most PopularApple’s ‘HomePad’ will reportedly launch on October 13thOpenAI launches Dots, its Muse competitorSamsung gives its two-year-old Galaxy Tab S Plus an overhaulAmazon’s new Fire TV Stick 4K can pull power directly from your TVThe Sonos Ace Ultra are the headphones Sonos should have made the first timeAdvertiser Content FromThis is the title for the native ad
