Channing Dungey expands executive role following Skydance merger with Warner Bros

Warner Bros Television Group chairman and chief executive Channing Dungey has expanded her responsibilities to oversee Paramount cable networks following a major corporate merger, according to Deadline and Variety. Variety reported that Dungey confirmed her new role on the executive leadership team of Skydance in a staff memo on Tuesday evening. Her updated portfolio adds Paramount outlets including MTV, Comedy Central, Nickelodeon, and BET, Deadline and Variety reported. [1][3]

The corporate restructuring follows the completion of Paramount acquiring Warner Bros Discovery. GamesIndustry.biz and Cinema5D reported that the combined business now operates under the name Skydance. Outlets reported varying figures for the deal, with GamesIndustry.biz citing a value of 111 billion dollars, Cinema5D reporting around 110 billion dollars including debt, and Wikipedia noting a transaction valued at 110.9 billion dollars. [2][4][8]

Dungey previously took over Warner Bros Discovery networks such as Discovery Channel, TLC, HGTV, and Food Network at the start of 2025, Deadline reported. She became the chairman and chief executive of Warner Bros Television in 2020 and is the first Black American president of a major broadcast television network, according to Wikipedia. Deadline reported that Dungey told staff it was time to begin a new chapter. [1][6]

Skydance chairman and chief executive David Ellison warned that the merger will require difficult decisions, including staff changes and impacts, according to GamesIndustry.biz. Cinema5D reported that Ellison leads the business alongside co-chief executive Ynon Kreiz, while newly appointed Motion Picture Group co-chairs Dana Goldberg and Josh Greenstein outline plans for the film division, according to Variety. [2][4][5]