Ellison's Skydance Announced Merger Details

Paramount Skydance Corp. outlined the executive leadership team that will helm the new company resulting from its acquisition of Warner Bros. Discovery Inc. David Ellison will continue to serve as chief executive officer and chairman, overseeing the company’s long-term strategy and creative vision, while co-CEO Ynon Kreiz will focus on day-to-day management. Bloomberg New Media Reporter Hannah Miller breaks down the latest news on the closely-watched merger. (Source: Bloomberg)