UFC Strikes $7.7B Deal with Paramount
Discover how the UFC-Paramount partnership will revolutionize the sports broadcasting industry.
Skydance Media is a diversified global media and entertainment company founded in 2010 by David Ellison, who envisioned creating a multi-platform studio producing high-quality, event-level content spanning feature films, television, animation, interactive media, and new media experiences[1][3][7]. Headquartered in Santa Monica, California, Skydance has grown to employ over 500 people across two continents, developing a strong reputation for innovation and versatility in entertainment[1][3]. The company’s origins trace back to 2006, when David Ellison, an accomplished pilot inspired by aerobatics (“skydancing”), helped finance the World War I aviation film *Flyboys*. Formally launched in 2010 with a $350 million financing deal supported by Ellison’s father, Larry Ellison, Skydance quickly secured a co-financing agreement with Paramount Pictures, gaining access to major film projects and distribution[2]. Its first major hit was the 2010 remake of *True Grit*, directed by the Coen Brothers, which earned 10 Academy Award nominations and became one of the highest-grossing westerns of the 21st century[1][2]. Skydance solidified its prominence with blockbuster franchises such as *Mission: Impossible*—notably *Ghost Protocol* (2011), which featured Tom Cruise performing stunts on the Burj Khalifa and became the highest-grossing film in the series at that time—and expanded into television with successful series like Amazon’s *Reacher* and *Tom Clancy's Jack Ryan*[1][5]. The company has also diversified into New Media (2019) and Sports (2021) divisions, reflecting its strategic multi-platform approach[5]. In 2025, Skydance merged with Paramount Global in an $8 billion deal to form Paramount, a Skydance Corporation, creating a next-generation media powerhouse combining Skydance’s production and technological expertise with Paramount’s vast creative library and global
Discover how the UFC-Paramount partnership will revolutionize the sports broadcasting industry.
#david_ellison #paramount #skydance_media #ai #franchise-building
A look at the 20-year plan for the future of Paramount Pictures, including franchise-building and cutting-edge technology like AI.
#paramount #skydance #merger #entertainment
The long-awaited merger between Paramount and Skydance is finally set to close on August 7, bringing numerous benefits for both companies and their employees.
#skydance #paramount #job_cuts
The completion of the long-awaited Skydance-Paramount merger is expected to bring about significant job cuts and a negative impact on employee morale and stability.
#fcc #cbs #skydance #paramount #media
The FCC has approved the transfer of CBS licenses to Skydance's ownership group, paving the way for the long-awaited merger of Skydance and Paramount.
#the_daily_show #paramount #skydance #late_night #cbs
Jon Stewart's comments and the recent cancellation of 'The Late Show with Stephen Colbert' have sparked speculation about the potential impact of the Paramount-Skydance merger on the popular late-night show.
#south_park #legal_battle #skydance
A major legal battle is brewing behind the scenes of the popular animated series 'South Park', which could have a major impact on its future and $3 billion franchise.