Mattel Chief Named Co-C.E.O. of Combined Paramount and Warner Bros.

David Ellison, the media mogul on the verge of adding Warner Bros. Discovery to Paramount, said on Wednesday that he had tapped Ynon Kreiz, the chief executive of Mattel, as his co-chief executive of the combined company.

Mr. Kreiz, 60, will be responsible for overseeing the company’s day-to-day operations while Mr. Ellison will remain chairman and the chief executive in charge of the company’s strategy, films and TV shows, and technology, Paramount said in a news release.

“When you look at Ynon’s background and mine, and what we have accomplished, I think we’re really well positioned to win together,” Mr. Ellison said in a joint interview with Mr. Kreiz on Wednesday.

Hollywood is not new for Mr. Kreiz, who previously worked at Fox Kids and the digital video platform Maker Studios. He also served as chief executive of Endemol Group, an independent television production company and owner of such franchises as “Big Brother.”

Article source: https://www.nytimes.com/2026/09/30/business/paramount-ellison-kreiz-mattel.html