Executive Leadership Team - Skydance Media has announced a new executive leadership team ahead of the $8 billion merger with Paramount Global, with David Ellison as CEO of the new company, Paramount Skydance Corp. [1] - Jeff Shell, former CEO of NBCUniversal, will serve as president of the merged company [3][11] - George Cheeks will remain as chair of the TV Media division, while Cindy Holland will oversee the direct-to-consumer division [4][7] Company Structure - The new company will be structured into three primary business segments: Studios, Direct to-Consumer, and TV Media [2] - Key appointments include Andy Gordon as COO, Andrew Warren as interim CFO, and Dana Goldberg and Josh Greenstein as co-chairs of Paramount Pictures [5][8] Financial Aspects of the Merger - The merger deal includes $2.4 billion for Shari Redstone, $4.5 billion for non-NAI Paramount shareholders, and an additional $1.5 billion in new capital for debt repayment and balance sheet recapitalization [12] - Shari Redstone will receive $180 million in severance and other benefits upon completion of the deal [13] Vision and Goals - David Ellison expressed confidence in the new leadership team, emphasizing their industry experience and commitment to transforming Paramount [9][10] - The merger aims to foster collaboration between creative and technical talent to unlock Paramount's full potential [10]