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From box office bomb to media powerhouse: Skydance’s 20-year rise
Skydance transformed from a small studio to a media powerhouse through major partnerships, streaming deals, and acquiring Paramount and Warner Bros. assets, controlling 21% of the box office.
- On Thursday, Skydance emerged the winner in the takeover round, potentially positioning itself to acquire Warner Bros. Discovery, according to sources.
- Starting with the flop Flyboys, Skydance later secured talent and financing after Ellison founded the company in 2006 at age 23 and merged with Paramount last year.
- Partnerships with Paramount, Netflix, and Apple helped finance Skydance's expansion, with Top Gun: Maverick surpassing $1 billion in 2022.
- Ownership of CNN would mark a major expansion into news and has stirred staff concern, as the deal would add HBO, HGTV and Food Network while Skydance employees worry about interference after Paramount's merger.
- With Netflix out, regulators may be the only check on Skydance's expansion, as Warner Bros. Discovery holds 30 Oscar nominations and 21% of the 2025 domestic box office versus Paramount's 6%.
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14 Articles
14 Articles
Coverage Details
Total News Sources14
Leaning Left5Leaning Right3Center5Last UpdatedBias Distribution39% Left, 38% Center
Bias Distribution
- 39% of the sources lean Left, 38% of the sources are Center
39% Left
L 39%
C 38%
R 23%
Factuality
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