Skydance Media Secures $400 Million Investment
Growing Hollywood Empire
Skydance Media, the Hollywood production company behind the blockbuster "Top Gun: Maverick," has announced a significant investment of $400 million.
The investment round was led by KKR, a leading global investment firm, and marks the first time an outside investor has acquired a stake in Skydance. The company's valuation is now estimated to exceed $4 billion.
Skydance Media was founded in 2010 by David Ellison, the son of late Oracle co-founder Larry Ellison. Ellison is a former Marine Corps pilot who has leveraged his passion for aviation and military history to produce successful films such as "Top Gun: Maverick" and "Mission: Impossible - Fallout."
Under Ellison's leadership, Skydance has expanded into television, producing hit shows like "Tom Clancy's Jack Ryan" and "Altered Carbon." The company is currently working on several high-profile projects, including a sequel to "Top Gun: Maverick" and a reboot of the "Star Trek" franchise.
The investment from KKR will provide Skydance with additional resources to fuel its growth and expand its content portfolio. The deal is a testament to the company's track record of success and its potential for continued growth in the entertainment industry.
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