Skydance Announces Board, Adding Ynon Kreiz, Laurene Powell Jobs and Bobby Kotick as Directors and Tony Blair as Advisor
The board adds media, technology and philanthropy veterans as Skydance integrates the combined company and pursues $6 billion in cost savings.
- On Tuesday, Skydance CEO David Ellison and co-CEO Ynon Kreiz hosted the company's first employee town hall following the official closing of the $110 billion Paramount and Warner Bros. Discovery merger.
- Ellison described the acquisition as a three-year plan to build a company with the scale and creative firepower to compete against tech giants like Amazon and Google.
- The combined company faces around $80 billion in debt, and Ellison acknowledged the integration will require 'difficult decisions' to achieve $6 billion in projected cost savings over three years.
- During the town hall, CNN anchor Anderson Cooper questioned Ellison on layoffs and editorial independence; Ellison promised to shield CNN from interference by Donald Trump.
- Skydance appointed Laurene Powell Jobs and former Activision CEO Bobby Kotick as independent board directors, while former U.K. Prime Minister Tony Blair will serve as a board advisor.
12 Articles
12 Articles
Former Activision CEO Bobby Kotick Was Once Reviled by Gamers. Now He's Joining Skydance's Board of Directors
Former Activision CEO Bobby Kotick, who stepped down from running the Call of Duty publisher after Microsoft completed its $69 billion acquisition of Activision-Blizzard-King, is joining David Ellison's board of directors at the newly christened Skydance following Paramount's now-completed acquisition of Warner Bros. Discovery.
Skydance Adds Bobby Kotick and Laurene Powell Jobs to Board, Taps Tony Blair as Adviser
Skydance Corp., formed from the megamerger of Paramount and Warner Bros. Discovery, is bringing new blood to its board of directors. On Tuesday, the company announced that Laurene Powell Jobs, founder and president of Emerson Collective, and Bobby Kotick, founder and former CEO of Activision, are joining the board as independent directors. In addition, former […]
PR Newswire
thefutoncritic.comSkydance Announces Board, Adding Ynon Kreiz, Laurene Powell Jobs and Bobby Kotick as Directors and Tony Blair as Advisor
/PRNewswire/ -- Skydance Corporation (NYSE: SKYD) ("Skydance") today announced the director and advisor designees for the newly combined company, formed...
Skydance CEOs Pressed On Layoffs & Trump Interference At Town Hall
Soon after Warner Bros. Discovery accepted Paramount’s acquisition proposal in February, then-Paramount CEO David Ellison pitched senior Warner executives on his $110 billion takeover of their company. Seven months later, at a town hall meeting held at the same location, the Steven J. Ross Theater on the Warner lot in Burbank, Ellison spoke to employees […]
'All lies!' CBS insider erupts after new boss' town hall rankles network staff
A CBS News insider erupted Tuesday after new Skydance CEO David Ellison promised to protect the editorial independence of the company’s newsrooms, according to media columnist Justin Baragona.“You’re pleading not to interfere with editorial at CNN?” Anderson Cooper asked Ellison during Skydance’s first companywide town hall following the massive Paramount-Warner Bros. Discovery merger.Ellison responded to the CNN anchor by promising to support t…
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