Entertainment

ParaBros Announces Co-CEO, Expands Streaming Presence

Updated 2026-09-30 20:40 UTC 1 source Neutral

David Ellison has appointed Ynon Kreiz as co-CEO of the newly formed ParaBros, a $111 billion merger between Paramount and Warner Bros Discovery. The move is seen as a ‘transformational moment’ for the entertainment industry, following an antitrust settlement deal.

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Ynon Kreiz Anointed Co-CEO Of Newly Minted ParaBros; David Ellison Says Mega-Studio Is “Transformational Moment For Our Industry”

Mere minutes after a federal judge signed-off on the antitrust settlement deal between Paramount, Warner Bros Discovery and a dozen blue state Attorneys General, David Ellison has unveiled a co-CEO for his $111 billion merger company. “Paramount Skydance Corporation (NASDAQ: PSKY) (the “

2026-09-30 20:19 UTC