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Paramount clears court hurdle on Warner Bros deal, appoints co-CEO

Original: Paramount gets court green light on Warner Bros deal, names Mattel's Kreiz co-CEO

Paramount has won court approval to proceed with its deal involving Warner Bros and has named Mattel chief Ynon Kreiz as co-CEO. The dual announcements tie a major legal clearance in the media merger fight to a leadership shake-up, with Kreiz leaving the toymaker to take a top role alongside Paramount's existing leadership as the company integrates its newly approved acquisition.

Why now: A court ruling plus a surprise executive appointment reshape a major Hollywood merger in a single day.

ParamountWarner BrosMattelYnon Kreiz

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• Paramount gets court green light on Warner Bros deal, names Mattel's Kreiz co-CEO · Reuters

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