![]() Skydance was founded by Ellison in 2010, starting with feature films and expanding to television, interactive, animation, new media and sports, with studios in Los Angeles, Silicon Valley, Spain and Canada.įilms include The Adam Project on Netflix, The Tomorrow War on Amazon Prime Video and The Old Guard, also on Netflix. KKR assets have included Axel Springer, ByteDance, Chord Music Partners, Epic Games, FanDuel Group, Leonine Studios, Mediawan, OverDrive, PlayOn! Sports, RBmedia and UFC. “We look forward supporting the Skydance team as they continue to build their business across TV, film, animation, gaming and sports and tell compelling stories in new and innovative ways,” added Ted Oberwager, KKR partner and head of gaming, entertainment, media and sports verticals. Jenny Box, KKR partner and co-head of its Strategic Investments Group, said the firm is “delighted to invest behind Skydance, David Ellison and the impressive, differentiated team of creative and entrepreneurial talent he has assembled.” Skydance content consistently overperforms on streamers including chart-topping results on Amazon, Apple and Netflix. Successful entertainment franchises include its recent record-setting release of Top Gun: Maverick. Skydance is focused on a cross-platform approach to IP creation, ownership and distribution combined with deep relationships with content, talent and tech partners to bolster scalability and earnings potential. Tom Cruise And 'Mission: Impossible - Dead Reckoning Part One' Cast Including Hayley Atwell, Simon Pegg, Henry Czerny Talk On Rome Red Carpet - Watch ![]() “We are incredibly grateful for the ongoing support of our long-term strategic investors – RedBird, who has championed our sports strategy, as well as Tencent and CJ ENM, who have each helped to drive our global growth and diversification,” he added. “The investment from KKR creates a powerful strategic partnership with a firm at the forefront of the evolution of technology and interactive entertainment, all of which are key propellers in the next phase of Skydance growth,” said CEO David Ellison. Existing investors RedBird Capital Partners and Tencent also participated in the fundraise, which values Skydance at over $4 billion.Īdding KKR helps solidify the company’s position and will accelerate its ongoing growth in sports and interactive entertainment as well as continued scaling of existing verticals like animation. Skydance Media said today it’s completed a $400 million strategic investment round led by KKR, a first-time investor, and joined by the Ellison family, who remain majority shareholders. ![]()
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