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David Ellison names Ynon Kreiz co-CEO of Paramount and Warner Bros. Discovery

CNBC BusinessWednesday, September 30, 2026 at 9:51 PM

RedScroll Brief

Paramount CEO David Ellison announced outgoing Mattel chief Ynon Kreiz will serve as the co-CEO of the anticipated combination of Paramount and WBD.

RedScroll Signal

Impact
High
Category
Business
Market relevance
High
Why it matters
Corporate and market moves reprice risk and reveal where power and cash are concentrating. Paramount CEO David Ellison announced outgoing Mattel chief Ynon Kreiz will serve as the co-CEO of the anticipated combination of Paramount and WBD. Investors will watch earnings, rates, and competitive positioning connected to David Ellison and Ynon Kreiz.

Desk copy

RedScroll Briefing

Extractive editorial brief — not a reprint of the original

What happened

Paramount CEO David Ellison announced outgoing Mattel chief Ynon Kreiz will serve as the co-CEO of the anticipated combination of Paramount and WBD.

Why it matters

Corporate and market moves reprice risk and reveal where power and cash are concentrating.

Background

CNBC Business reported on this under business. RedScroll surfaces the signal with an extractive brief — not a reprint of the original article. Read the source for full reporting.

Timeline

  1. CNBC Business published: David Ellison names Ynon Kreiz co-CEO of Paramount and Warner Bros. Discovery

  2. Story is in today’s RedScroll edition. Follow the original source for updates.

Economic impact

Investors will watch earnings, rates, and competitive positioning connected to David Ellison and Ynon Kreiz.

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Source

CNBC Business

Original reporting by CNBC Business. RedScroll provides an extractive briefing only.