Former Netflix content material chief Cindy Holland will lend her experience to David Ellison and Skydance as the corporate appears to shut its acquisition of Paramount World.
Holland has been named a “senior advisor” to Ellison and Skydance, “the place she’s going to lend her experience and insights on the streaming enterprise.”
Holland had been international CEO of Sister, the manufacturing firm based in 2019 by Elisabeth Murdoch Stacey Snider and Jane Featherstone. Holland joined Sister in July 2023 with a mandate to develop its international manufacturing enterprise.
“Sister has all the time been synonymous with high quality storytelling, inventive integrity and a rare staff and I’m very proud to have been part of it,” Holland mentioned in an announcement. “I’m grateful to Liz, Jane and the entire staff for his or her partnership, and I stay up for collaborating with them on tasks sooner or later. I’ve had a longstanding relationship with David and the senior staff at Skydance and I’m energized by the chance to work intently with them.”
Nevertheless, with international TV manufacturing on the downswing, Sister decided that it could lean into the components of its enterprise that had been already worthwhile, and to close down its Los Angeles workplace on the finish of 2024. The corporate nonetheless plans to supply and promote reveals for the U.S. market, however will shift its focus to its U.Okay. core.
Sister CFO Chris Fry will function interim CEO of the corporate whereas it looked for a brand new chief.
“Cindy is an excellent, proficient government and anybody can be lucky to work along with her. I’m really grateful for her stewardship and her management, and hope we’ll collaborate collectively in a brand new capability for a few years,” Murdoch added. “These are difficult instances for manufacturing corporations, requiring tough selections. The Board believes, as I do, that we are able to considerably enhance sustainable progress and strengthen our Group by doubling down on our confirmed monitor report of efficiently producing from the UK for a worldwide viewers. Our distinctive UK base for Sister movie and tv operations that sells and produces for the US and the world will likely be our mannequin transferring ahead. I’m grateful for the work of the SISTER US movie and tv staff, and we are going to handle them.”