The leadership transition at Warner Bros. is set to take effect once the major studio merger concludes, according to multiple industry sources. De Luca and Abdy, who have served as heads of the studio, will not continue in their roles under the new management structure being established by David Ellison following the anticipated finalization of the $110 billion combination between Paramount Skydance and Warner Bros. Discovery. The exact timing of their departure and whether either executive will remain through a transitional phase remains unclear.
Their exit comes roughly a year after their contract renewals were announced by David Zaslav, then CEO and president of Warner Bros. Discovery. At that time, the studio had experienced significant commercial and critical success, including box office performances for multiple films and major recognition during awards season, where the studio tied an all-time record with 11 Academy Award wins from 30 nominations.
Under Ellison’s leadership, the restructured organization is expected to consolidate film operations under Paramount executives Dana Goldberg and Josh Greenstein, who will oversee both studios with plans to release approximately 30 films annually. Ellison has appointed Ynon Kriez, former CEO of Mattel, to serve as co-CEO with responsibility for overseeing day-to-day operations and integration of the combined entities. Additional leadership appointments remain unconfirmed, though several executive changes have been reported across different divisions of the merged company.
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