Skydance Founder Discusses ‘Culture of Fostering Creativity’ Following Paramount Global Deal

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Skydance Founder Discusses ‘Culture of Fostering Creativity’ Following Paramount Global Deal
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Skydance's David Ellison discusses the recent deal with Paramount Global, saying they plan to create a 'culture of fostering creativity.'

’s David Ellison says they plan to create a “culture of fostering creativity” following the company’s recent deal with

On Sunday, July 7, 2024, it was officially announced that Paramount Global’s Shari Redstone agreed to sell control of the company to a conglomerate led by Skydance and Gerry Cardinale’s RedBird Capital.

He also said during an investor presentation, “We we live in an environment that is so competitive. Our belief is that you can’t be a ‘B+’ anymore. You have to be an ‘A’ … I think when you create that culture of fostering creativity and setting a high bar, our hope is that the most talented people in the world will want to call Paramount home.”

Jeff Shell will be the president of the new Paramount going forward.

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