Paramount Skydance and Warner Bros. Discovery have officially merged into Skydance Corp. And the top leaders have notified the new company’s staffers that layoffs are in the offing. David Ellison, chairman and CEO, and co-CEO Ynon Kreiz (formerly chief exec of Mattel) sent a memo to employees at the combined company Tuesday morning around 9:40
Tony Gilroy blasted the “tragic” nature of the Paramount-Warner Bros. merger at the world premiere of his new film, “Behemoth!” Produced on a $36 million budget, “Behemoth!” is representative of the mid-budget, adult-oriented drama that once sustained Hollywood’s theatrical business — and allowed filmmakers like Gilroy to make a name for themselves in the industry.
David Ellison has emerged victorious. And he’s boldly — or arrogantly, if you prefer — decided to name the entertainment giant that he’s bolted together Skydance Corp., nodding to the original name of his film production firm that has swallowed up two Hollywood studios over the past 14 months. Defying skeptics and beating back opponents,
Paramount TV media chair George Cheeks, whose domain has included all of CBS in addition to the Paramount cable networks, is said to be in line for an expanded oversight at the newly merged Paramount-Warner Bros. entity (which will be named “Skydance,” the company revealed Friday). Skydance would not comment, but Cheeks has been seen
Mark Ruffalo is speaking out against the Paramount-Warner Bros. Merger once again, this time following the news on Wednesday that the deal has been approved and is tentatively set to close next week. “This merger will stifle creativity, weaken free speech, and cost people their jobs — it is a bad deal for this country
In the end, Casey Bloys knew he was holding all the cards. As the industry continued to speculate about whether the HBO boss or Paramount’s Cindy Holland would wind up with control of the two companies’ soon-to-be-merged streaming behemoth, in recent weeks the momentum seemed to be on Bloys’ side. So when Paramount direct-to-consumer chair
