The media industry is on the precipice of another landmark deal as Paramount Global and Skydance Media inch closer toward their highly

Dan Cohen, Chief Content Licensing Officer at Paramount, is leaving the company after eight years. Cohen’s departure comes as the company’s merger with David Ellison’s Skydance is set to close next month.

Days before a new ownership team takes control of the company, Paramount Global reported second-quarter earnings that beat analysts’ estimates, crediting lower costs and growth in streaming profit.