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Skydance Media, LLC, also known as Skydance Productions, is an American media production and finance company [3] based in Santa Monica, California.Founded by David Ellison in 2006, the company specializes in films, animation, television, video games, and sports.
Equity holders in Skydance will get 317 million Class B shares, with a market value of $15 per share. Paramount Global would have 45 days to look for better or matching offers from other bidders before finalizing. [7] [42] If Paramount were to find a better offer, Skydance would be entitled to a $400 million breakup fee payout from the company ...
Skydance Animation, LLC, is an American animation studio that is a division of Skydance Media, founded on March 16, 2017. The studio is based in Los Angeles, with offices in East Hartford, Connecticut , and Madrid , Spain; the Madrid branch was originally Ilion Animation Studios .
The Skydance proposal offers a payout of about $4.5 billion to Paramount’s nonvoting (Class B) shareholders, versus $1.7 billion under Bronfman’s sweetened offer.
Paramount Global and Skydance have been business partners in film and TV production for more than 10 years. That familiarity is said to be a big factor in Redstone’s willingness to consider a ...
Skydance expects to make just over $1 billion in revenue in 2024 with Ebitda of $90 million, and in 2025 expects $2.29 billion in revenue and $322 million in Ebitda, the report added, citing ...
In the last iteration of the deal, Redstone would have received $2 billion for National Amusements and Skydance would have bought out roughly 50% of class B shares at $15 apiece, or $4.5 billion ...
David Ellison was born in Santa Clara County, California. He is the son of billionaire Oracle Corporation co-founder and chairman Larry Ellison, and his ex-wife, Barbara Boothe Ellison. His father is of Italian and Jewish heritage. [1] David attended the University of Southern California.