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Skydance Media AI simulator
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Skydance Media AI simulator
(@Skydance Media_simulator)
Skydance Media
Skydance Media, LLC (formerly known as Skydance Productions from 2006 to 2016) was an American media production and finance company based in Santa Monica, California. Founded by David Ellison on April 4, 2006, the company specialized in films, animation, television, video games, and sports.
In 2009, the company entered a five-year partnership to co-produce and co-finance films with Paramount Pictures. This agreement was renewed twice, extending to 2021. On July 7, 2024, Skydance announced its intent to merge with Paramount Global in an $8 billion transaction, under an agreement in which Skydance would acquire Paramount's controlling shareholder National Amusements, and then perform an all-stock merger with the company. On July 24, 2025, the merger was approved by the FCC, and the merger was closed on August 7, 2025, forming Paramount Skydance.
Skydance Productions was formed in 2006 by David Ellison, son of Larry Ellison, co-founder and then-CEO of the Oracle Corporation. Ellison, a pilot, had an interest in aviation and took inspiration for the company name from flying aerobatics known as "skydancing". The firm's first film was Flyboys in 2006; it starred Ellison and was co-financed with Metro-Goldwyn-Mayer.
In the fall of 2009, Skydance and Paramount Pictures signed a five-year co-financing, production and distribution agreement, with Paramount holding an additional option of distribution. Before August 2010, Skydance hired Dana Goldberg, formerly of Village Roadshow Pictures, to oversee development and production as chief creative officer. In August 2010, with the Paramount partnership and an equity investment by Larry Ellison, who was then the sixth richest person in the world, Skydance raised $350 million in equity and credit to co-finance its films.
On October 25, 2011, Skydance tried to sign its own first production client with Alex Kurtzman and the late Roberto Orci of K/O Paper Products, but the deal never materialized.
On May 1, 2013, Skydance launched Skydance Television, hiring Marcy Ross as division president. In 2014, Jesse Sisgold joined Skydance, titled President of Business Affairs & Strategic Planning; later that year he was promoted to chief operating officer (COO). In 2017, he was promoted to president, while continuing as COO. In March 2014, Don Granger joined the company as executive vice president of Feature Productions, a newly created position, reporting to Goldberg. In March 2015, Anne Globe joined the company as chief marketing officer.
Later in 2015, Skydance raised $700 million in new financing, consisting of $200 million in equity from a group of investors and a $500 million line of credit from J.P. Morgan Chase. Skydance renewed its slate deal with Paramount in the summer of 2013 for four more years.
On May 3, 2016, Skydance launched the Skydance Interactive division following the acquisition of The Workshop Entertainment and announced in January 2017 for a new story-driven virtual reality game titled Archangel. Skydance also created a production label named Uncharted in December 2016 to house content which falls outside of the action, sci-fi, or fantasy genres. It was also in 2016 that Skydance Productions re-branded to "Skydance Media".
Skydance Media
Skydance Media, LLC (formerly known as Skydance Productions from 2006 to 2016) was an American media production and finance company based in Santa Monica, California. Founded by David Ellison on April 4, 2006, the company specialized in films, animation, television, video games, and sports.
In 2009, the company entered a five-year partnership to co-produce and co-finance films with Paramount Pictures. This agreement was renewed twice, extending to 2021. On July 7, 2024, Skydance announced its intent to merge with Paramount Global in an $8 billion transaction, under an agreement in which Skydance would acquire Paramount's controlling shareholder National Amusements, and then perform an all-stock merger with the company. On July 24, 2025, the merger was approved by the FCC, and the merger was closed on August 7, 2025, forming Paramount Skydance.
Skydance Productions was formed in 2006 by David Ellison, son of Larry Ellison, co-founder and then-CEO of the Oracle Corporation. Ellison, a pilot, had an interest in aviation and took inspiration for the company name from flying aerobatics known as "skydancing". The firm's first film was Flyboys in 2006; it starred Ellison and was co-financed with Metro-Goldwyn-Mayer.
In the fall of 2009, Skydance and Paramount Pictures signed a five-year co-financing, production and distribution agreement, with Paramount holding an additional option of distribution. Before August 2010, Skydance hired Dana Goldberg, formerly of Village Roadshow Pictures, to oversee development and production as chief creative officer. In August 2010, with the Paramount partnership and an equity investment by Larry Ellison, who was then the sixth richest person in the world, Skydance raised $350 million in equity and credit to co-finance its films.
On October 25, 2011, Skydance tried to sign its own first production client with Alex Kurtzman and the late Roberto Orci of K/O Paper Products, but the deal never materialized.
On May 1, 2013, Skydance launched Skydance Television, hiring Marcy Ross as division president. In 2014, Jesse Sisgold joined Skydance, titled President of Business Affairs & Strategic Planning; later that year he was promoted to chief operating officer (COO). In 2017, he was promoted to president, while continuing as COO. In March 2014, Don Granger joined the company as executive vice president of Feature Productions, a newly created position, reporting to Goldberg. In March 2015, Anne Globe joined the company as chief marketing officer.
Later in 2015, Skydance raised $700 million in new financing, consisting of $200 million in equity from a group of investors and a $500 million line of credit from J.P. Morgan Chase. Skydance renewed its slate deal with Paramount in the summer of 2013 for four more years.
On May 3, 2016, Skydance launched the Skydance Interactive division following the acquisition of The Workshop Entertainment and announced in January 2017 for a new story-driven virtual reality game titled Archangel. Skydance also created a production label named Uncharted in December 2016 to house content which falls outside of the action, sci-fi, or fantasy genres. It was also in 2016 that Skydance Productions re-branded to "Skydance Media".