Deals & M&A
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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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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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Trump Applauds Paramount-Warner Bros. Merger: ‘I’m Glad They Let It Go’
“It’s gonna be a great company. They’re terrific people,” the president says of David Ellison’s $110 billion deal
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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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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
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RedBird Triples Commitment in Skydance to $6 Billion
The private equity firm invests another $4 billion into the combined Paramount-Warner Bros. business
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Skydance Bosses Tease What’s to Come After Paramount-WB Merger Closes: ‘Now the Real Work Begins’
“Integrating two companies will bring change, including difficult decisions that affect our workforce,” CEO David Ellison and co-CEO Ynon Kreiz write
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Fitch Downgrades Paramount, Warner Bros. Discovery Credit Ratings as Merger Closes
The firm cited “materially higher leverage” after the acquisition and “significant execution and integration risks,” as well as uncertainty about achieving its $6 billion in cost savings
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Who Is Skydance’s New Co-CEO Ynon Kreiz?
The former Mattel CEO will oversee day-to-day operations and find the $6 billion in merger cost savings
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Business
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Paramount and Warner Bros. Discovery’s $110 Billion Merger Closes
The Skydance conclusion comes after months of twists and turns, including a bidding war with Netflix and a legal fight with 12 state attorneys general
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Casey Bloys Extends Deal to Oversee HBO Max and Paramount+ at Skydance
The executive was named co-chair and chief content officer for Skydance DTC earlier on Monday
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Investor Ross Gerber on Undervalued Media Stocks
In this week’s The Ledger, Gerber breaks down where the money should be flowing
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Business
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Here’s Skydance’s New Leadership Team: Mark Thompson and Bari Weiss to Separately Run CNN and CBS News
Featuring Casey Bloys, James Gunn, George Cheeks, Dana Goldberg, Josh Greenstein, JB Perrette, Peter Safran, Andy Gordon, Makan Delrahim and more
