Paramount Global Class A

PARAA

Market cap $11.4B

Brian Robbins, who helped grow the Paramount+ streaming service, is stepping down as Paramount Global's co-CEO, according to a memo seen by Reuters on Wednesday, following the completion of its merger with Skydance Media.

The $8 billion Skydance and Paramount Global deal, led by David Ellison, is finally a reality. Ellison plans to revitalize Paramount amid streaming disruption and potential political challenges.

Brian Robbins has made official his departure from the Melrose Lot as co-CEO of Paramount Global and President and CEO of Paramount Pictures and Nickelodeon. Robbins joined Paramount in 2017.

GREENWICH, Conn.--(BUSINESS WIRE)--As of July 31, 2025, GAMCO Asset Management Inc. (“GAMCO”), an affiliate of GAMCO Investors, Inc. (OTCQX: GAMI), along with certain other affiliates, collectively owned approximately 12.0% of the outstanding class A voting stock of Paramount Global (NasdaqGS: PARAA) (“Paramount”) on behalf of its clients. Given the terms of Paramount's pending combination with Skydance Media, in which current holders of the class A voting stock have no opportunity to continue.

They are the two largest U.S. companies not in the index, but have been overlooked for inclusion recently.

David Ellison named his executive leadership team, led by former NBCUniversal boss Jeff Shell.

Tom Ryan, President & CEO, Paramount Streaming, is departing the company following its merger with Skydance. He will continue to support the team in an advisory role to Cindy Holland and the Streaming leadership team to ensure a smooth and successful transition, Deadline hears.

Tom Ryan, President & CEO, Paramount Streaming, is departing the company following its merger with Skydance Media as the David Ellison company sets it new management team. He will continue to support the team in an advisory role to Cindy Holland and streaming leadership to ensure a smooth and successful transition.

In what has been heavily rumored, Paramount Global Co-CEO and President and CEO of Paramount and Nickelodeon, Brian Robbins, is expected to depart the Melrose Lot following Skydance's acquisition of the entertainment conglomerate.

Skydance Media CEO David Ellison will lead the new company as chief executive after its merger with Paramount Global is completed by August 7, the independent studio said on Monday.