Business
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David Ellison Acknowledges ‘Operational Efficiencies’ as CNN, CBS News Remain Separate
Skydance Co-CEO Ynon Kreiz says the two news organizations will operate independently as the newly merged company pursues $6 billion in synergies
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Jay Askinasi to Lead Skydance’s Ad Sales, David Decker to Oversee Content Sales
Ray Hopkins will also serve as president of distribution
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Letterboxd Gets New Suitor in Gigi Pritzker-Led Investor Group | Exclusive
The Madison Wells CEO is the latest to join the fray, following the New York Times, A24 and Sony, among others
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Business
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Skydance’s New TV Empire Explained: Who’s in Charge and What May Be Ahead | Analysis
With the acquisition of Warner Bros. Discovery, Skydance now owns almost 190 shows, over 70 cable networks and two major streamers
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TV
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Kent Belden’s The Only Agency to Acquire The Blogger Agent
The move comes as the two talent agencies look to capture a larger share of the creator economy
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Skydance’s David Ellison, Andy Gordon, Dennis Cinelli, Makan Delrahim Get Post-Merger Pay Bumps in Contract Extensions
The four executives are also eligible for annual equity awards in 2027, which will then increase in value in 2031
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Tom Cruise’s ‘Digger’ Will Lose $250 Million | Exclusive
The climate change comedy cost over $170 million to make and grossed just $8 million on opening weekend
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Movies
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‘Michael’ Sequel Among 35 Films Approved for California Tax Incentive
New Line’s sequel to Ice Cube’s “Friday” series was also approved along with 28 indie productions
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Skydance Film Chiefs Assure Staff Movie Divisions Will Function Independently
“Your experience and perspective will be essential in shaping what comes next,” Josh Greenstein and Dana Goldberg write in a Day One memo
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Over 30 Movies, a $30 Billion Content Spend and So Much Debt: What We Learned From Skydance’s Kickoff Event
Co-CEOs David Ellison and Ynon Kreiz share their plans for the new company housing Paramount and Warner Bros.’ numerous businesses
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Business
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TheGrill Dinner 2026: Makan Delrahim, Adam Fogelson, Susan Sprung and More Raise a Glass in Beverly Hills | Photos
In partnership with Lionsgate, the annual gathering celebrated another year of TheWrap’s centerpiece conference
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Skydance Adds Laurene Powell Jobs and Bobby Kotick to Board of Directors, Tony Blair to Advise
Jobs and Kotick join Ynon Kreiz as new additions to Paramount’s existing board
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Skydance Is Here: Warner Bros. Tower, New York Offices Quickly Get Rebranded Following Merger
The Paramount-Warner Bros. merger closed on Tuesday morning
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Fox News Built a Cable Empire. Now It’s Building Around It
As Fox News turns 30, its still-dominant linear business remains the centerpiece of a broader operation spanning streaming, digital and social
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Journalism
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Skydance CEOs Tease ‘Aggressive’ Content Investment, ‘Difficult Decisions’ to Come in First Employee Town Hall
“We are not coming together to manage decline. We are coming together to build for growth. And we are going to be ambitious about it,” David Ellison says
