David Ellison just brought in a co-CEO to run his new empire

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Published: 2026-10-03T17:20:32.949Z • Permanent link

David Ellison, the billionaire founder of Pacific Standard and founder of Skydance Media, has appointed Ynon Kreiz as his new co-CEO to run his newly formed media conglomerate. Ellison, a former Paramount Pictures executive, had previously formed Pacific Standard in 2015 with a $100 million investment from Steven Spielberg, Jeffrey Katzenberg, and other Hollywood luminaries. However, the venture struggled to find success, and Ellison eventually sold it to Skydance Media in 2019. Kreiz, a veteran executive with a background in television and film production, brings a wealth of experience to the table, having previously served as CEO of A24 and co-founder of The Ringer.

Ellison's move to bring in a co-CEO is seen as a strategic attempt to bolster his media empire's operations and expand its reach. Kreiz's appointment is also seen as a sign of Ellison's commitment to building a diverse team and leveraging the strengths of multiple executives. Pacific Standard's acquisition by Skydance Media in 2019 marked a significant milestone in Ellison's career, and Kreiz's involvement is expected to further solidify the company's position in the entertainment industry.

Pacific Standard's new co-CEO will be responsible for overseeing the company's film and television production, as well as its digital media platforms. Ellison, who will continue to serve as the company's chairman, will focus on strategy and partnerships. Kreiz's appointment is seen as a key move in Pacific Standard's efforts to compete with other major media conglomerates, such as Disney and Netflix.

The appointment of Ynon Kreiz as co-CEO of Pacific Standard is expected to have significant implications for the Data Sources domain. Research communities and markets will be watching closely to see how Kreiz's background in television and film production translates to the company's digital media platforms. Companies such as Comcast, Disney, and Netflix will also be taking note of Pacific Standard's efforts to expand its reach and compete in the rapidly evolving media landscape. Furthermore, policymakers and regulators will be paying close attention to Pacific Standard's strategic partnerships and acquisitions, which could have significant implications for the broader media industry.

As a major player in the entertainment industry, Pacific Standard's digital media platforms will be crucial in shaping the company's future success. The company's ability to produce high-quality content and create engaging digital experiences will be key in attracting and retaining users. Research communities and markets will be closely monitoring Pacific Standard's efforts to build out its digital media platforms and expand its reach into new markets.

Pacific Standard's appointment of Ynon Kreiz as co-CEO is part of a larger trend in the media industry, where companies are increasingly looking to expand their reach and compete in the rapidly evolving digital landscape. The appointment of Kreiz is also seen as a sign of the increasing importance of digital media platforms in the entertainment industry. Companies such as Netflix and Disney have already made significant investments in digital media, and Pacific Standard's efforts to build out its digital platforms are expected to be closely watched.