Paramount's co-CEO Robbins to step down, memo shows
UNITED STATES, AUG 6 – Brian Robbins departs as part of leadership restructuring after Paramount Global's $8.4 billion merger with Skydance Media, forming Paramount, A Skydance Corporation.
- On August 6, 2025, Brian Robbins announced he would be leaving his roles as Co-CEO of Paramount Global as well as President and CEO of Nickelodeon.
- His exit followed speculation and coincided with the official $8 billion merger closing between Skydance Media and Paramount on August 7, 2025.
- Robbins led Paramount through the pandemic, dual 2023 labor strikes, and oversaw franchises like Teenage Mutant Ninja Turtles and Nickelodeon programming.
- David Ellison, Skydance CEO, will lead the unified company, stating, "It is an honor and a privilege to help lead the brand" into its next chapter.
- The merger creates a newly minted Paramount, a Skydance Corporation, indicating a transformative phase grounded in creative excellence and innovation.
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14 Articles
Skydance Media completes acquisition of Paramount
(Still frame via promotional video, courtesy Paramount Global / CBS News & Stations; Graphic by The Desk) Television and film studio Skydance Media officially completed its $8 billion merger with Paramount Global on Thursday, bringing to a close a year-long and turbulent process fraught with politically-influenced obstacles. The deal was allowed to move forward after the Federal Communications Commission (FCC) gave its blessing to Paramount’s tr…
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