Skydance Media
Behind Skydance’s Case for Paramount as a Growth Story
When Skydance Media and Paramount Global executives outlined their plans for the merged company to investors on July 8, they showed a series of slides. One of them highlighted Skydance’s story and was entitled “Animation, Sports and Games Divisions Drive Growth.” In fact, those are three key areas that management also sees as core upside […]
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Skydance-Paramount Deal: How Wall Street Views the Details So Far
After months of back-and-forth, Shari Redstone has finally agreed to sell control of Paramount Global to a consortium led by Skydance Media, led by David Ellison, and RedBird Capital. Hours after an investors presentation, Wall Street analysts on Monday shared their latest takes on what Skydance’s acquisition of Redstone’s majority stake in National Amusements (which in turn controls Paramount) […]
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Paramount’s Future: Is Skydance Deal “Path of Least Resistance” or Will It Get Derailed?
Will Paramount Global end up looking for a new dance partner, or will David Ellison’s Skydance Media get to clinch a deal and celebrate with a victory dance? Hollywood and Wall Street insiders alike are wondering about questions like these as the future of Shari Redstone’s media and entertainment empire hangs in the balance. After […]
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Why Paramount Got a Stock Upgrade Amid Open Deal Questions
With Skydance Media in an exclusive period to possibly finalize a deal to acquire Paramount Global and its controlling shareholder National Amusements (NAI), Wall Street analysts are discussing key open questions, such as the financing of a transaction and how it can be structured to satisfy shareholders beyond NAI boss Shari Redstone. But despite the […]
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Paramount Global Stock Price Soars as Skydance Media Deal Talks Progress
Paramount Global shares are soaring as talks of a deal with Skydance Media continue to heat up. The stock price rose by 15 percent Wednesday, all in the minutes leading up to the market close, after The Wall Street Journal reported that Paramount and its controlling shareholder National Amusements, led by Shari Redstone, have agreed to an […]
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Stock in Paramount Global Pops on Takeover Speculation
Stock in Paramount Global popped on Friday on speculation David Ellison’s Skydance Media and RedBird Capital are eying a potential takeover of Sheri Redstone’s controlling stake in the Hollywood conglomerate. Representatives for private equity giant RedBird Capital had no comment on Wall Street chatter around a possible transaction that could see the private equity giant […]
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David Ellison’s Skydance Media Donates $1M to Support Humanitarian Relief Amid Israel Crisis
Skydance Media, led by David Ellison, has committed $1 million to humanitarian relief efforts in Israel and the region after Hamas terror attacks that hit the country over the weekend. The funds will go to American Friends of Magen David Adom through an employee match program subsidized in part by CEO Ellison. “Skydance stands with Israel, strongly condemns […]
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Jason T. Reed Named Head of Skydance Sports
Film executive Jason T. Reed has been named the head of Skydance Sports, the joint studio venture formed by Skydance Media and the NFL. Reed most recently ran his own film and television production company and will now lead the development and production of Skydance Sports’ sport-driven scripted and unscripted content, documentaries, and events. He […]
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Skydance Secures New $1B Credit Facility With JPMorgan
In a difficult credit market, David Ellison’s Skydance Media has secured a new $1 billion credit facility, giving the film and TV studio enhanced flexibility to invest in its business lines, which include a growing animation business and a recently launched joint venture with the NFL. The new five-year credit line replaces a 2021 $500 […]
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NFL and Skydance Media Partner on New Sports Content Joint Venture
The NFL and Skydance Media are launching a new joint venture, one that will combine assets from NFL Films and Skydance Sports to create what they are betting can be “the premier global multi-sports production studio.” Both the NFL, through its investment arm 32 Equity, and Skydance Media are making “substantial” investments in the JV, […]
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Skydance Lands $400M Investment to Expand Animation, Sports, Interactive Ambitions
Nearly five months after launching Top Gun: Maverick in theaters, where it would jet off to become the top grossing film globally so far this year with $1.4 billion, producer David Ellison has landed a new investor to broaden his firm’s entertainment ambitions. The mogul’s Skydance Media said Thursday it secured $400 million in funding […]
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Kylian Mbappé Inks First Look Deal With Skydance Sports (Exclusive)
International soccer star Kylian Mbappé and his production banner, Zebra Valley, have signed a multiyear first-look deal with Skydance Sports, the sports content division of Skydance Media. The star of Paris Saint-Germain Ligue 1 club and France’s national soccer team will work with Skydance Sports to develop and produce a slate of cross-platform scripted and […]
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