Hollywood isn't Jewish enough? 🤦🏻‍♀️

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 position alongside Ellison speaks to a governance question that has surrounded Ellison’s aggressive pursuit of the legacy media assets: The tech executive and son of billionaire Larry Ellison can buy it, but can he lead it?

Not even 18 months ago, Ellison was the CEO of film production company Skydance with a limited portfolio of hits, namely the Tom Cruise-led Mission: Impossible franchise and “Top Gun: Maverick.”

By August 2025, he was successfully closing an acquisition of Paramount, a deal worth around $8 billion. Roughly a month later, he started his campaign for WBD, spurring a back-and-forth bidding war that would ultimately result in a deal worth roughly $110 billion on an enterprise basis to merge two of Hollywood’s biggest media companies.

Kreiz is a 30-year veteran of the media space, arguably best known for ushering “Barbie” to the big screen in 2023.

He’s earned a reputation as a turnaround man, with roots in entertainment despite his more recent stint in consumer goods.

He joins Paramount Skydance on Monday, and becomes co-CEO on Tuesday upon closing. The pair of co-CEOs announced their full leadership team on Monday.

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https://x.com/Ah_Magus/status/2107602532629402006

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