Paramount names Kreiz co-CEO as WBD merger gains approval

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  "signal_type": "news",
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  "detected_at": "2026-10-01T10:59:09+00:00",
  "company": {
    "name": "Paramount",
    "domain": "paramount.com"
  },
  "data": {
    "url": "https://www.sportcal.com/news/paramount-names-kreiz-co-ceo-as-wbd-merger-gains-approval/",
    "title": "Paramount names Kreiz co-CEO as WBD merger gains approval - Sportcal",
    "excerpt": "Paramount Skydance is set to complete its acquisition of fellow US broadcast heavyweight Warner Bros. Discovery (WBD) after a US federal judge approved the $111 billion deal, with the company announcing Ynon Kreiz as co-chief of the combined company. The appointment, announced by Paramount chief executive David Ellison minutes after the judgment, will see Kreiz, the former chief executive of toy company Mattel, step into the role from October 5. The gold standard of business intelligence. Find out more Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms. Find out more Ellison continues as chairman and chief executive of the merged company, leading strategy, creative, and technology, including its talent relationships, strategic partnerships, technology, and capital allocation, while Kreiz will oversee day-to-day operations and integration of the combined businesses. Ellison said: “Bringing together Paramount and WBD to create a next-generation global media company is a transformational moment for our industry. “Leading it takes a rare combination of strategic vision, operational depth, and experience running a public company at the highest levels of media. Ynon brings all three. “In Ynon, I'm adding a partner with strong leadership and the operating firepower this integration demands. It's a division of labor...",
    "product": "merged streaming service",
    "summary": "Paramount Skydance plans to merge its Paramount+ streaming service with Warner Bros. Discovery's HBO Max OTT platform following the completion of its acquisition.",
    "planning": true,
    "image_url": "https://www.sportcal.com/wp-content/uploads/sites/32/2026/10/main6abe3bd0a79bf.jpg",
    "confidence": 0.9,
    "product_data": {
      "name": "merged streaming service",
      "full_text": "the company’s Paramount+ streaming service with Warner Bros. Discovery’s HBO Max OTT platform",
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      "video",
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    "published_at": "2026-10-01T10:59:09Z",
    "article_sentence": "Then, in early March, David Ellison, the chief executive of Paramount (whose father Larry is a long-time friend of US President Donald Trump), confirmed plans to merge the company’s Paramount+ streaming service with Warner Bros. Discovery’s HBO Max OTT platform once the acquisition was completed.",
    "related_company_name": "Warner Bros. Discovery",
    "related_company_domain": "wbd.com"
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