Entertainment Person of the Year, Mattel’s Chairman and CEO Ynon Kreiz speaks during the “Entertainment Person of the Year Seminar: Mattel’s Ynon Kreiz” session at Debussy Theatre during the Cannes Lions International Festival Of Creativity 2024 – Day Five on June 21, 2024, in Cannes, France.
Richard Bord | Wireimage | Getty Images
David Ellison has spent two years fighting to build his media empire. Now, he’s bringing in a heavyweight to help him run it.
Ynon Kreiz, outgoing CEO of Mattel, will serve as co-CEO of the combined Paramount Skydance and Warner Bros. Discovery, to be named simply Skydance, when the merger closes on Tuesday.
The new entity will unite the storied film studios of Paramount and Warner Bros.; the CBS broadcast network; a sprawling portfolio of pay-TV networks that include CNN, TNT, MTV and BET; and streaming services Paramount+ and HBO Max, all under one roof.
The appointment of Kreiz to a top executive…