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Paramount's co-CEO Robbins to step down, memo shows

UNITED STATES, AUG 6 – Brian Robbins departs as part of leadership restructuring after Paramount Global's $8.4 billion merger with Skydance Media, forming Paramount, A Skydance Corporation.

  • On August 6, 2025, Brian Robbins announced he would be leaving his roles as Co-CEO of Paramount Global as well as President and CEO of Nickelodeon.
  • His exit followed speculation and coincided with the official $8 billion merger closing between Skydance Media and Paramount on August 7, 2025.
  • Robbins led Paramount through the pandemic, dual 2023 labor strikes, and oversaw franchises like Teenage Mutant Ninja Turtles and Nickelodeon programming.
  • David Ellison, Skydance CEO, will lead the unified company, stating, "It is an honor and a privilege to help lead the brand" into its next chapter.
  • The merger creates a newly minted Paramount, a Skydance Corporation, indicating a transformative phase grounded in creative excellence and innovation.
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The Mighty 790 KFGO broke the news in on Wednesday, August 6, 2025.
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