Overview
Skydance Media, LLC (formerly known as Skydance Productions) is an American production company based in Santa Monica, California. Founded by David Ellison in 2006, the company entered a five-year partnership to co-produce and co-finance films with Paramount Pictures starting in 2009, and renewed the agreement twice extending to 2021. The company specializes in films, animation, television, video games, and sports.
History
Skydance Productions was formed in 2006 by David Ellison. The firm's first film was Flyboys in 2006; it starred Ellison 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. In August 2010, with the Paramount partnership and an equity investment by Ellison's father and Oracle Corporation co-founder and chairman Larry Ellison, 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 Roberto Orci of K/O Paper Products, but the deal never materialized.
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