Article in Reuters by Deborah Mary Sophia and Neil J Kanatt, 10/1/26
Headline: “David Ellison’s appointment of Kreiz brings cost-cutter to Paramount-Warner Bros Discovery”
“. . .David Ellison’s choice of Mattel CEO Ynon Kreiz as his co-captain at the new Paramount-Warner Bros Discovery signals what the media behemoth will care about most: running a lean, cost-efficient business that can pump more money out of its storied franchises. . .”
“That skillset positions Kreiz well to take on the task of knitting together two legacy media giants saddled with roughly $80 billion in debt while delivering the $6 billion in cost-savings promised from the industry-shaping merger. . .”
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