Paramount names Ynon Kreiz as co-CEO ahead of major Warner Bros. Discovery merger

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Paramount has appointed Ynon Kreiz as its new co-CEO. Kreiz, the former chairman and CEO of Mattel, will share leadership with Paramount's chairman and CEO David Ellison. This move precedes the impending $110 billion merger of Paramount with Warner Bros. Discovery. Ellison will oversee long-term strategy and creative vision, while Kreiz will handle daily operations and business integration.

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