Tensions inside Hollywood’s newly formed media giant Skydance Corp. continue to escalate as CEO David Ellison systematically replaces legacy Warner Bros. Discovery leadership following last month’s $111 billion mega-merger. Ten senior WBD executives across global distribution and corporate communications have exited in back-to-back restructurings, following the departure of longtime WBD chief David Zaslav. With Skydance carrying more than $80 billion in debt after fending off a rival bid from Netflix, insiders describe an atmosphere of intense corporate intrigue as newly installed co-CEO Ynon Kreiz and Ellison prepare deeper layoffs across their 53,000-person workforce.
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