Former Netflix content material chief Cindy Holland will lend her experience to David Ellison and Skydance as the corporate seems to be to shut its acquisition of Paramount International.
Holland has been named a “senior advisor” to Ellison and Skydance, “the place she is going to lend her experience and insights on the streaming enterprise.”
Holland had been world 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 world manufacturing enterprise.
“Sister has at all times been synonymous with high quality storytelling, inventive integrity and a rare workforce 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 workforce for his or her partnership, and I sit up for collaborating with them on tasks sooner or later. I’ve had a longstanding relationship with David and the senior workforce at Skydance and I’m energized by the chance to work intently with them.”
Nonetheless, with world TV manufacturing on the downswing, Sister decided that it could lean into the elements of its enterprise that have been already worthwhile, and to close down its Los Angeles workplace on the finish of 2024. The corporate nonetheless plans to provide and promote reveals for the U.S. market, however will shift its focus to its U.Ok. core.
Sister CFO Chris Fry will function interim CEO of the corporate whereas it looked for a brand new chief.
“Cindy is a superb, proficient govt and anybody could be lucky to work along with her. I’m actually 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 occasions for manufacturing corporations, requiring tough selections. The Board believes, as I do, that we will considerably increase sustainable development 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 shifting ahead. I’m grateful for the work of the SISTER US movie and tv workforce, and we’ll handle them.”