Updated
Updated · Page Six · Oct 2
Peter Rice Dines 3 Hours With Paramount Co-CEO Amid $111 Billion Merger Speculation
Updated
Updated · Page Six · Oct 2

Peter Rice Dines 3 Hours With Paramount Co-CEO Amid $111 Billion Merger Speculation

1 articles · Updated · Page Six · Oct 2

Summary

  • Peter Rice held a three-hour, "private" and "intense" dinner last month with Ynon Kreiz, who was later named co-CEO of the merged Paramount-Warner Bros. under David Ellison.
  • That sighting now fuels talk that Rice is being courted for a senior role at the combined studio, where leadership remains in flux after the merger and several top jobs are still unsettled.
  • Michael De Luca and Pam Abdy are reportedly out, while Josh Greenstein and Dana Goldberg are expected to oversee a 30-film annual slate for two years, rising to 32 films for the following three.
  • The reshuffle already elevated HBO chief Casey Bloys over Paramount's Cindy Holland on streaming, and Bloys publicly acknowledged Holland's exit created a "ready made vacuum" for him to fill.
  • Rice, who is not tied to a contract and also works with A24 and the LA28 ceremonies, now has added leverage as Hollywood gauges the merged company's broader executive pecking order.

Insights

With Warner Bros. chiefs unexpectedly ousted, could Peter Rice’s secret dinner signal an even more ruthless Hollywood shake-up ahead?
Will Ynon Kreiz’s massive $46.5 million payday and Peter Rice’s potential arrival truly save the newly merged super-studio?
How will David Ellison’s harsh executive restructuring impact the blockbuster movies promised in the massive Paramount-Warner Bros. merger?