Combining entertainment and technology in a new Hollywood giant is paramount for David Ellison. His Skydance Media has closed its takeover, unveiled in July 2024, of Paramount Global to form what the merger partners have called a “next-generation media and technology leader, positioned to win in today’s rapidly transforming media landscape.”

Ellison authored an open letter to shareholders, employees and creative partners, outlining in broad strokes his vision for the company.

That includes investing in growth areas, “anchored by our creative engines and superior storytelling,” and scaling the company’s direct-to-consumer business globally, as well as driving efficiencies.

Tech is a big part of the pitch , with Ellison touting a unified technology stock, merging Paramount+ and Pluto i

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