Skydance Media

Skydance Media, LLC (formerly known as Skydance Productions) was an American media production and financing company founded by David Ellison and based in Santa Monica, California, that was active from April 4, 2006 to August 7, 2025. It specialized in films, animation, television, video games, and sports.

In 2009, the company entered a five-year partnership to co-produce and co-finance films with Paramount Pictures. This agreement was renewed twice, extending to 2021. On July 7, 2024, Skydance announced its intent to merge with Paramount Global in an $8 billion transaction, under an agreement in which Skydance would acquire Paramount’s controlling shareholder National Amusements, and then perform an all-stock merger with the company. On July 24, 2025, the merger was approved by the FCC, and the merger was closed on August 7, 2025, forming Paramount Skydance (now known as Skydance). Skydance Media’s film library was transferred to Paramount Pictures. Despite this, the Skydance brand continues to remain active across its divisions (like Skydance Animation or Skydance Sports), along as a vanity card used for any upcoming films produced by Ellison, and the name for the parent company, Skydance.

Skydance Productions was formed in 2006 by David Ellison, son of Larry Ellison, co-founder and then-CEO of the Oracle Corporation. David, a pilot, had an interest in aviation and took inspiration for the company name from flying aerobatics known as “skydancing”. The firm’s first film was Flyboys in 2006 which starred David and was co-financed with Metro-Goldwyn-Mayer.

In the fall of 2009, Skydance and Paramount Pictures signed a five-year co-financing, production and distribution agreement, with Paramount holding an additional option of distribution. Before August 2010, Skydance hired Dana Goldberg, formerly of Village Roadshow Pictures, to oversee development and production as chief creative officer. In August 2010, with the Paramount partnership and an equity investment by Larry, who was then the sixth richest person in the world, Skydance raised $350 million in equity and credit to co-finance its films.

On October 25, 2011, Skydance tried to sign its own first production client with Alex Kurtzman and the late Roberto Orci of K/O Paper Products, but the deal never materialized.

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