George Cheeks, Cindy Holland, Josh Greenstein, Dana Goldberg will all get new roles, joining Jeff Shell and Ellison in the C-suite.

Longtime Ellison lieutenant Dana Goldberg will run Paramount Pictures with former Sony executive, Josh Greenstein. Only one senior Paramount executive -- George Cheeks -- will remain after this week's Skydance takeover.

Cindy Holland will oversee streaming, while Dana Goldberg and Josh Greenstein will serve as co-chairs of Paramount Pictures