A federal judge cleared Paramount’s Warner Bros. Discovery path as Mattel’s Ynon Kreiz was named co-CEO.

Judge Martínez-Olguín approved a Sept. 21 multi-state settlement; Paramount said Kreiz joins Oct. 5 and becomes co-CEO with David Ellison at close.

The ruling plus co-CEO plan locks the integration track and theatrical commitments tied to the mega-merger.

Illustrative studio-gate and dual-bar geometry — not celebrity likenesses or courtroom stills.

https://ishookdaily.com/paramount-wbd-judge-kreiz-co-ceo-october-2026