Paramount Skydance is a leading global media and entertainment company formed through the merger of Skydance Media and Paramount Global in August 2025. This merger created a next-generation standalone entity that combines Paramount’s vast creative library and global distribution network with Skydance’s production expertise and advanced technological capabilities[2][4].
Founded in 2010 by David Ellison, Skydance Media began as a diversified entertainment company focused on creating high-quality, multi-platform content for a worldwide audience. Skydance quickly became known for blockbuster films such as *True Grit* (2010), which garnered 10 Academy Award nominations, and *Mission: Impossible – Ghost Protocol* (2011), notable for its high-stakes action sequences and box office success[1]. Skydance expanded beyond live-action films into television, animation, interactive media, and new media, employing over 500 colleagues across two continents[1].
Paramount Skydance now operates through four main business segments, including film and television production studios, leveraging the strengths of both legacy companies. The merger was strategically designed to revitalize and position the combined company for long-term success amid a rapidly evolving entertainment landscape. Supported by the Ellison family and RedBird Capital, the company emphasizes forward-thinking content creation, storytelling innovation, and tech-enabled business strategies[2][4][3].
Paramount Skydance is publicly traded on NASDAQ under the ticker "PSKY," signaling its commitment to shareholders and market growth[2][4]. The company stands out for its sophisticated financial structuring, blending creative excellence with strategic investments to maintain competitive advantage[6]. It embraces inclusivity, agility, and collaboration, aiming to capture diverse audience interests worldwide through streaming, advertising, live events, and consumer products[5].
Overall, Paramount Skydance represents a powerful fusion of storied entertainment heritage and cutting-edge media technology, poised to influence the future of global content production and distribution.