Paramount co-CEO Troika, consisting of Chris McCarthy, George Cheeks, and Brian Robbins, is set to undergo a significant transformation following the Skydance-Paramount merger in March-early April. Only Cheeks is expected to survive once incoming CEO and Paramount buyer David Ellison arrives, focusing on consolidating the company's TV assets. Robbins, who oversees Paramount Pictures and Nickelodeon, is expected to depart, as Ellison plans to lead Paramount's film business. The merger is expected to result in millions in savings in TV and streaming, with Paramount slashing 15% of its U.S. staff. The FCC hasn't approved the merger yet, and the merger is expected to be approved by December 16, with final responses due January 13.
