Mattel chief to join on October 5 as HBO’s Casey Bloys emerges as the likely streaming leader
For Korean suppliers, the next questions are content budgets, distribution access and IP ownership
Paramount Skydance is moving to a co-CEO structure ahead of the closing of its acquisition of Warner Bros. Discovery. David Ellison, chairman and CEO, will focus on strategy, creative direction and technology, while outgoing Mattel chief Ynon Kreiz will oversee day-to-day operations and the integration of the two companies. HBO’s leadership is emerging as the likely choice to run the combined streaming business.
The appointments will do more than divide responsibilities at the top. They offer an early indication of how the merged company intends to preserve HBO’s brand and creative independence while expanding its content offering enough to compete with Netflix and YouTube. For Korean broadcasters and producers, the consolidation brings both the risk of having fewer global buyers and the possibility of supplying a larger service that needs more programming.