High Alert

David Ellison names Ynon Kreiz co-CEO of Paramount and Warner Bros. Discovery

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: CNBC

What happened

Paramount CEO David Ellison announced outgoing Mattel chief Ynon Kreiz will serve as the co-CEO of the anticipated combination of Paramount and WBD.

Key facts

  • Reported by CNBC and published Wed, 30 Sep 2026 23:01:40 UTC.

Why it matters

Economic releases and corporate results feed directly into rate expectations, currency moves and equity pricing, so the detail here often matters more to markets than the headline itself.

What to watch next

  • Revisions to the initial figures once fuller data is released
  • How rate expectations and index futures respond
  • Guidance or commentary from the companies and policymakers involved

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. Mattel names Roger Lynch as CEO, replacing Ynon Kreiz

  2. David Ellison names Ynon Kreiz co-CEO of Paramount and Warner Bros. Discovery

Sources

The original report was published by CNBC. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at CNBC

Related WorldPing coverage

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The Verge

The new and huger Paramount has a new co-CEO

Paramount is appointing a new co-CEO ahead of the close of its $110 billion merger with Warner Bros. Discovery. Ynon Kreiz, previously Mattel's chairman and CEO, will be joining Paramount to lead alongside chairman and CEO David Ellison.

Brief by WorldPing · Original reporting by The Verge