David Ellison, on the eve of officially closing the Paramount-Warner Bros. Discovery merger to form Skydance Corp., has announced his picks for the senior execs to run his new company.
The new leadership team will be led by Ellison, chairman and CEO, and co-CEO Ynon Kreiz, the former Mattel chief who joins Skydance starting Monday. The divisions of the merged Paramount-Warner Bros. — spanning two major movie studios, TV networks and streaming — will report to both Ellison and Kreiz.
George Cheeks, previously chair of TV media at Paramount Skydance, is co-chair and chief content officer of Skydance TV. Mark Thompson will continue to run CNN as CEO.
Casey Bloys, who has headed up HBO and HBO Max, will become co-chair and chief content officer, Skydance DTC streaming. JB Perrette (previously Warner Bros. Discovery’s CEO and president of global streaming and games) is co-chair and chief business officer of both Skydance TV and Skydance DTC.
Here’s the list of Skydance’s executive appointments announced Monday:
Enterprise Leadership
CEO Corporate Leadership Team
CEO Business Leadership Team
CEO News Executive Leadership Team
Ellison and his Paramount team clinched the $111 billion agreement to acquire Warner Bros. Discovery in February 2026. After the deal received regulatory clearances in 68 countries, it got the final green light last week when a judge approved Paramount’s lenient settlement with 12 states resolving their antitrust lawsuit aimed at blocking the merger.
Ellison said in a statement, “I’m incredibly proud to introduce the team that will lead Skydance forward, a group that reflects the ambition behind this historic combination. Together, Paramount and Warner Bros
. will form a creative-first home with the scale, imagination and technology to define entertainment for a generation.”
The new Skydance, a nod to Ellison’s original independent movie production firm, will be saddled with an estimated $80 billion-plus in net debt. The company’s common stock is set to begin trading on the New York Stock Exchange under the ticker symbol “SKYD” with the start of trading Tuesday, Oct. 6.