HBO chief Casey Bloys is poised to take the reins of all of Paramount and Warner Bros. streaming operations once the two companies merge. On Tuesday, Cindy Holland announced she was stepping down from her role running Paramount+ and other direct to consumer streamers under the Paramount umbrella.
\n\nThe shuffle comes as Paramount Skydance is days away from closing its hard-won $110 billion acquisition of Warner Bros. Discovery.
\n\nHolland confirmed her departure in a memo to staff sent Tuesday afternoon, acknowledging that Paramount Skydance CEO David Ellison has made the decision regarding streaming leadership, although she did not reference Bloys by name.
\n\n“As David readies for the next phase of his vision, we’ve discussed my role and the future of the combined businesses. David is optimizing for HBO stability as we move into this next chapter, and I fully support that. I know this team has the leadership and expertise to manage through the transition and the next phase of the company, and to this end today will mark my last day here,” Holland wrote.
\n\nOver the past few weeks, speculation emerged that Bloys was likely to come over post merger in the top role overseeing all streaming operations. Bloys…
Original source: https://variety.com/