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Ellison will steer long-term strategy, creative vision and direction for the merged Warner Bros/Paramount company, while Ynon Kreiz, the former Mattel CEO, takes co-CEO duties. Kreiz gets day-to-day management and integration of the combined businesses. A judge approved the settlement clearing the way for all this. (Source: variety.com/2026/film/news/paramount-warner-bros-merger-judg…)
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