Paramount Skydance CEO, David Ellison, and the incoming Co-CEO, Ynon Kreiz, announced on Monday that they will help lead the executive team of Skydance after the transaction is completed on Tuesday. Skydance will become part of the soon-to-be merged Paramount Skydance and Warner Bros. Discovery.

According to the press release, this complete leadership team is composed of executives from two companies and will report to Ellison and Kreiz.

CBS News as the Editor-in-Chief, Bari Weiss and CNN Worldwide as the Chairman and Editor-in-Chief, along with Mark Thompson, will retain their respective positions and continue to lead the company's news department after the merger is completed.

Weiss joined Paramount Skydance in October 2025, at which time the company acquired the digital news media The Free Press that she founded.

Casey Bloys, who currently serves as the Chairman and CEO of HBO and Max under WBD, will take on the role of Co-Chairman and Chief Content Officer for Skydance's direct-to-consumer business, responsible for HBO Max and Paramount as well as the streaming media business. Meanwhile, George Cheeks, who previously served as the Co-CEO of Paramount, will become the Co-Chairman and Chief Content Officer of Skydance TV, which includes the company's global sports business.

JB Perrette, who recently took on the role of CEO and President of Global Streaming Media and Gaming Business at Warner Bros and Discovery, will jointly serve as the co-heads of these two departments alongside Bloys and Cheeks.

Paramount, the Chief Strategy Officer and Chief Operating Officer, will become Skydance, the President. Dennis Cinelli will remain in his current position.

"Those leaders who joined me have created some of the most popular series and businesses in the industry. They all respect the creative process deeply and believe that great stories have the power to entertain, unite, and inspire audiences around the world," Ellison stated in a press release.

Paramount Skydance and Warner Bros Discovery announced a merger agreement worth approximately $110 billion in February. After reaching a settlement with a group of state attorneys general last month, the two companies announced last week that the transaction would be completed on Tuesday.