https://www.live-feeds.com/feed/david-ellison-just-brought-in-a-co-ceo-to-run-his-new-empire-meet-ynon-kreizContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/david-ellison-just-brought-in-a-co-ceo-to-run-his-new-empire-meet-ynon-kreizhttps://www.live-feeds.com/feed/david-ellison-just-brought-in-a-co-ceo-to-run-his-new-empire-meet-ynon-kreiz#u111565Fri, 09 Oct 2026 09:20:35 +0000David Ellison has appointed Mattel chief Ynon Kreiz as co-CEO of the newly combined Paramount and Warner Bros. Discovery empire. Kreiz secured a five-year deal that includes a $31.5 million signing bonus and a total pay package worth more than $46.5 million. Recognized as a cost-cutter, Kreiz takes the reins as the newly minted media giant introduces itself to Wall Street and navigates the massive operational overhaul following the merger close.Why it mattersThe appointment follows David Ellison's acquisition of Warner Bros. Discovery, a transaction valued at $111 billion that reshapes th