Robbins led the storied Paramount Pictures since 2021. His exit was expected as Skydance intends to install a new film team.

Paramount co-CEO Brian Robbins will exit the company following the closing of the media giant’s $8 billion merger with Skydance Media, announcing his departure to employees in a memo sent on Wednesday.

Brian Robbins, who helped grow the Paramount+ streaming service, is stepping down as Paramount Global's co-CEO, according to a memo seen by Reuters on Wednesday, following the completion of its merger with Skydance Media.