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News 2026-10-07 14:15 UTC

New CEO Kreiz will be Ellison’s enforcer at Skydance

Investors are warily eying Skydance’s freshly downgraded debt, and layoffs are coming. One thing was clear on Skydance’s first day of life: Beneath David Ellison’s velvet glove is Ynon Kreiz’s iron fist. To earn his $40-odd million payout to help run the combined Paramount-Warner Bros., Kreiz will have to serve as a To