Media Giants Unite: New Leadership Named for $110B Skydance Deal

Two of the biggest names in entertainment are becoming one. The leaders of Paramount Skydance have just revealed who will run the newly combined company after its massive deal with Warner Bros. Discovery is completed.

This announcement comes right before the companies officially join together. A merger (when two companies combine into a single, larger business) worth about $110 billion is set to close on Tuesday.

The new company, called Skydance, will be led by CEO (chief executive officer, the top boss) David Ellison and incoming co-CEO (a shared top-boss role) Ynon Kreiz. They have named a team of executives from both companies to help run things.

Here are the key leaders and their roles:

• Bari Weiss – stays as editor-in-chief of CBS News
• Mark Thompson – continues leading CNN Worldwide
• Casey Bloys – oversees streaming (watching shows online) via HBO Max and Paramount+
• George Cheeks – leads Skydance TV, including the global sports division
• JB Perrette – helps lead both the TV and streaming divisions
• Andy Gordon – becomes president of Skydance
• Dennis Cinelli – stays as CFO (chief financial officer, who manages the money)

Why does this matter? Combining these two companies brings together famous brands like HBO, CNN, CBS, and Paramount under one roof. This creates a giant media company that could compete more strongly against rivals like Netflix and Disney.

The deal wasn't simple to reach. It was first announced in February, and the companies had to settle a lawsuit (a legal dispute) brought by a group of state attorneys general before it could move forward.

In short, a new entertainment powerhouse is being born. By uniting experienced leaders and well-known brands, Skydance hopes to deliver popular shows, movies, and news to audiences worldwide — all starting Tuesday.

This is an AI-generated summary. Read the original article at: https://www.cnbc.com/2026/10/05/david-ellison-ynon-kreiz-skydance-leadership-team.html