One day into the official closing of the Paramount-Warner Bros. merger, Skydance Corp.’s newly appointed Motion Picture Group co-chairs, Dana Goldberg and Josh Greenstein, have outlined their immediate plans for the film division.
Goldberg and Greenstein pledged that both Paramount Pictures and Warner Bros. Pictures “will continue to build and release their slate of films separately, under those brands,” per a memo obtained by Variety. “This means that each Warner Bros. Pictures or Paramount Pictures film you see will carry its respective logo.”
The two also wrote that they “won’t pretend a combination of this size comes without change.” The message comes following Tuesday morning’s memo from David Ellison, chairman and CEO, and co-CEO Ynon Kreiz, which acknowledged that layoffs will be part of the process of integrating the two companies. “We are committed to handling this process thoughtfully and respectfully,” Ellison and Kreiz wrote.
