David Ellison is taking a victory lap after completing Paramount’s merger with Warner Bros. Discovery, forming the new-look Skydance.
“It has taken hard work, perseverance and commitment with many challenges along the way — but we did it!” Ellison said in a memo to employees on Tuesday morning, which was obtained by Business Insider.
Read the full memo from Ellison and co-CEO Ynon Kreiz to Skydance employees here:
- Win in storytelling.
Great stories remain at the heart of everything we do. We will invest in the ideas, creators, franchises and experiences that captivate audiences around the world and create lasting cultural impact. On the big screen, we are committed to making at least 30 movies a year, pairing original stories from today’s most exciting filmmakers with beloved franchises like Harry Potter, Mission: Impossible, The Lord of the Rings, DC, Transformers and Star Trek. On television and streaming, it means storytelling like Game of Thrones, Landman, NCIS, Tracker and SpongeBob SquarePants. In games, it means worlds like Hogwarts Legacy and Mortal Kombat; and in live sports, it means the NFL on CBS, the UFC, UEFA and March Madness, just to name a few.- Become the most technologically capable media company.
Technology is fundamentally reshaping our industry, and we intend to be at the forefront. We will use technology, data and emerging capabilities to improve how we create, distribute and monetize content, from new production tools to personalization and entirely new ways for fans to engage with the stories they love. We will embrace the opportunities AI provides to expand what our creatives can imagine and to make our businesses even more productive. The opportunities ahead are enormous, and we intend to seize them. But one principle will never change: technology must serve the art — never the other way around.- Lead in a crowded market.
We came together to create another major competitor in the industry. And with our combined scale, assets and global reach, we are positioned to take on some of the largest technology and media companies in the world and to lead in an evolving entertainment landscape. We will use that strength to drive synergies, operate with discipline and invest in the long-term growth of our business. And we will go further than traditional synergies. By embracing the most advanced technologies available and embedding them into how we operate, we will work smarter, move faster and unlock efficiencies the merger alone could not deliver.- Earn Trust Every Day.
Trust is foundational to everything we do. And we are committed to earning it every day by communicating directly, following through on our commitments and listening closely to those we serve and work alongside. That is essential to our reputation and our long-term success.
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