Paramount's streaming chief is out ahead of the WBD merger. Read the memo she sent to staff.
Paramount streaming chief Cindy Holland is stepping down as the company prepares for its $110 billion merger with Warner Bros. Discovery. Holland stated that CEO David Ellison is prioritizing organizational stability under the HBO brand as the two media giants integrate their operations.
Why it matters
This executive departure signals a major leadership consolidation as Paramount and Warner Bros. Discovery move to integrate their streaming assets, potentially positioning HBO leadership to oversee the combined platform.
Cindy Holland said in a memo to staff that CEO David Ellison was "optimizing for HBO stability." John Nacion/Variety via Getty Images Cindy Holland, Paramount's streaming chief, exits ahead of planned Warner Bros. Discovery merger. In a memo to staff, Holland said CEO David Ellison was "optimizing for HBO stability." Paramount recently cleared the way for the $110 billion deal by settling an antitrust lawsuit. Paramount Skydance's streaming chief is out as it closes in on its deal with Warner Bros. Discovery . Cindy Holland told staffers in a memo obtained by Business Insider on Tuesday that it would be her last day at the company. Holland said the decision came as CEO David Ellison prepares for the $110 billion merger. "As David readies for the next phase of his vision, we've discussed my role and the future of the combined businesses," Holland wrote.
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