Paramount–Warner Bros Merger Will Operate as Skydance

Skydance will be led by Ellison as chairman and CEO alongside co-CEO Ynon Kreiz, the former Mattel chief joining Oct. 5, Variety reports. The path to close followed Netflix walking away from its earlier Warner Bros. studio-and-streaming bid and a Sept. 30 court approval of Paramount’s settlement with 12 state attorneys general who had challenged the deal.

Leadership under the new corporate roof continues to settle separately from the name announcement: Variety notes Michael De Luca and Pamela Abdy are expected to leave Warner Bros. Motion Picture Group post-merger, with Paramount film heads Dana Goldberg and Josh Greenstein in line to oversee both movie studios—an executive chart still expected to be formalized in coming days.

For readers following studio consolidation on Studio, verified as of Oct. 2 reports: the merged company will be named Skydance; close remains targeted for Oct. 6; Paramount and Warner Bros. stay as studio brands under the corporate parent; dual coverage from TechCrunch and Variety supports the naming and close timeline without inventing final org-chart appointments beyond what those outlets attributed.