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David Ellison

Entertainment

Will Elon Musk Help the Ellisons Pay Down Skydance’s Massive Debt? John Malone Predicts Tech Mogul’s SpaceX Could Invest up to $10 Billion Into Media Company

Was John Malone just spit-balling — or does he have some inside info about some financial machinations brewing among the Ellisons, Skydance and Elon Musk’s SpaceX? Malone, the media mogul known as “The Cable Cowboy” for his investments across the cable and telecom sector over many decades, suggested there will be a sizable investment coming […]

Entertainment

Skydance Boss David Ellison, New Mattel CEO Roger Lynch Join Paley Center’s Board of Trustees (EXCLUSIVE)

The Paley Center for Media has announced four new appointees to its board of trustees: David Ellison, chairman and chief executive officer, Skydance; Roger Lynch, who was recently named chairman and CEO, Mattel, Inc.; Dina Powell McCormick, the president and vice chairman of Meta; and Chris Winfrey, Charter Communications’ president and chief executive officer. Additionally, […]

Entertainment

Laurene Powell Jobs Invested $250 Million in David Ellison’s Skydance

Billionaire and philanthropist Laurene Powell Jobs paid $250 million to acquire a stake in Skydance, the David Ellison-led company formed by the merger of Paramount Skydance and Warner Bros. Discovery. Powell Jobs, founder and president of Emerson Collective, was named to the board of Skydance on Oct. 5 alongside former Activision chief Bobby Kotick, which […]

Entertainment

Why the Boss of Leonine, Germany’s Top Indie Film and TV Company, Is Backing Skydance: ‘David Ellison and Ynon Kreiz Are a Very Strong Team’

Fred Kogel, chief executive of Leonine Studios, Germany’s leading independent distribution and production company, is upbeat about the merger of Paramount and Warner Bros. Discovery, now part of Skydance. Variety spoke to him about how the merger is likely to affect the film and TV landscape in German-language territories. One of the commitments made by […]

Entertainment

Wall Street Skittish on Skydance as Stock Drops Further Post-Merger

It’s day two of David Ellison’s Skydance Corp. merger gamble, and so far Wall Street isn’t eager to bet on it. Shares in the post-merger Skydance, trading on the New York Stock Exchange under the ticker symbol “SKYD,” were down nearly 8% as of 10:40 a.m. ET on Wednesday, hovering at around $8.82/share. That was […]

Politics

Paramount wraps up mega Warner Bros merger to create Hollywood powerhouse Skydance

Paramount Skydance completed its blockbuster $110 billion takeover of Warner Bros Discovery on Tuesday, creating a Hollywood heavyweight that hands CEO David Ellison control of one of the world's ​largest entertainment and news businesses. The deal brings together the studios behind "Mission: Impossible," "Harry Potter" and DC Studios alongside major television and streaming networks such as CBS, CNN and HBO Max. The Ellison family has notably held a long relationship with Republican President Donald Trump, who said that Skydance is “going to be a great company.”

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Entertainment

David Ellison’s ‘Day One’ Skydance Press Conference: Studio Lot Dibs, Trump Ties and Everything Else We Learned

And just like that, David Ellison is in the driver’s seat. The newly minted executive leadership team at Skydance, led by chairman and CEO Ellison and co-CEO Ynon Kreiz, held an on-the-record press gaggle at the Paramount lot in Hollywood, hours after their hard-fought acquisition of Warner Bros. Discovery officially closed. Both in jeans and […]

Entertainment

Josh Goldstine to Oversee Marketing and Distribution at Warner Bros., Paramount and All Skydance Film Labels (EXCLUSIVE)

Seasoned Hollywood marketer Josh Goldstine will be tapped for a massive new role at Skydance — encompassing Warner Bros., Paramount Pictures and all subsequent film labels — sources told Variety. Goldstine will oversee marketing and distribution across all theatrical film. One knowledgeable insider said Goldstine met today with WB marketing execs Dana Nussbaum, Christian Davin […]

Entertainment

Donald Trump Praises Newly Merged Paramount-Warner Bros.: ‘They’re Terrific People, and It’s Gonna Be a Great Company’

President Donald Trump, who is friendly with David Ellison and his father, Larry Ellison, gave a big thumbs-up to Paramount’s megamerger with Warner Bros. Discovery, which closed earlier Tuesday to form Skydance Corp. “I’m happy about that. That’s great,” Trump told reporters Tuesday on the lawn of the White House when he was informed that […]

Entertainment

Paramount-Warner Bros. $111 Billion Merger Officially Closes: ‘Today Is a Historic Day, Not Just for Skydance but for Our Entire Industry,’ David Ellison Says

It’s official: Paramount and Warner Bros. Discovery are now a single company — joined together as Skydance Corp., led by chairman and CEO David Ellison. The deal, valued at $111 billion, brings together two major studios, TV networks including CBS, CNN, Comedy Central, MTV and TBS, and streaming services Paramount+ and HBO Max. The new […]

Entertainment

Jon Stewart’s ‘Daily Show’ Skips David Ellison-Skydance News to Take on AI

On Sunday night, John Oliver dedicated the majority of his Emmy-winning show “Last Week Tonight” to the Secret Service’s failings in recent years while declining to address the major media news of the week: David Ellison’s newly-formed Skydance Corp. swallowing up Warner Bros. Discovery — which controls Oliver’s network HBO — and merging it with […]

Entertainment

John Oliver Dodges David Ellison-Skydance News on ‘Last Week Tonight’

The big media news this week concerned Skydance Corp., David Ellison’s newly formed Hollywood mega-company comprising Paramount Skydance and Warner Bros. Discovery, which Ellison (and his father Larry) acquired in a $111 billion debt-addled merger that is set to officially close Oct. 6. What the long-term future of the studio behemoth may look like is […]

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Entertainment

Skydance Blasts Off: Can David Ellison Make Paramount-Warner Bros. Merger Fly?

David Ellison has emerged victorious. And he’s boldly — or arrogantly, if you prefer — decided to name the entertainment giant that he’s bolted together Skydance Corp., nodding to the original name of his film production firm that has swallowed up two Hollywood studios over the past 14 months. Defying skeptics and beating back opponents, […]

Entertainment

Skydance Shuffle: David Ellison Addresses Troops About New Name, Says Adieu to Mike and Pam and Sets Table for ‘Barbie 2’

It’s 102 degrees in Los Angeles, but it’s certainly not a summer Friday on the Paramount lot. The studio is swarming with activity, subplots and preparations for the closing of Skydance’s acquisition of Warner Bros. Discovery next week. The industry is obsessively speculating on who survives the merger to be named to David Ellison’s executive […]

Topic: David Ellison | RocksNews