Longtime Ellison lieutenant Dana Goldberg will run Paramount Pictures with former Sony executive, Josh Greenstein. Only one senior Paramount executive -- George Cheeks -- will remain after this week's Skydance takeover.

Skydance Media CEO David Ellison will lead the new company as chief executive after its merger with Paramount Global is completed by August 7, the independent studio said on Monday.

Skydance Media on Monday rolled out the new executive leadership team ahead of this week’s long-stalled $8 billion merger with Paramount Global. Skydance CEO David Ellison, the son of billionaire Oracle co-founder Larry Ellison,