Economy · World
Paramount Names Mattel CEO as Co-CEO Amid Warner Bros. Deal
Paramount has named Ynon Kreiz, former chief of Mattel Inc., as co-CEO of the combined companies, according to reports. This development comes as Paramount seeks to finalize its pending $110 billion acquisition of Warner Bros. Discovery Inc. The deal has reportedly cleared its last legal hurdle, with a judge approving a settlement related to a lawsuit filed by states against the purchase. David Ellison reportedly introduced Kreiz to employees as co-CEO.
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- Centre (4): Associated Press, Financial Times, Forbes, Mint