Skydance-Paramount merger integration and streaming consolidation 2026
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David Ellison expresses bullish outlook on AI's creative potential
David Ellison described his entertainment empire as having 40 franchises worth $1 billion each.
David Ellison said making Terminator shot-for-shot today would cost $60 million to $70 million.
James Cameron made the original Terminator movie in 1983 for $4 million, according to David Ellison.
“The last time we saw anything close to this was really the advent of CGI and digital composites in the early ’90s. That technology gave birth to amazing stories like Jurassic Park and Terminator 2. It’s hard to imagine that AI is not going to have a more significant impact than that. I personally believe that’s going to be an incredible unlock on creativity.”
Skydance announces HBO Max–Paramount+ bundle for early 2027
Skydance reported Q3 revenue of $7 billion.
Skydance expects to spend $30 billion on content each year.
Skydance plans to hold an investor day in the first half of 2027.
Skydance outlines $6 billion in planned cost savings
Skydance projects at least $2.2 billion in cost reductions from eliminating redundant back-office and corporate functions.
Skydance will provide full-year guidance during its fourth-quarter earnings report early next year.
Skydance began offering voluntary buyouts to employees ahead of official layoffs last month.
“By combining two global streaming services, two film and TV studio groups, two television portfolios, and overlapping corporate functions, we can reduce duplicative spend across an expense base of more than $50 billion,”