Inside Skydance Media’s Financials: David Ellison’s Studio Has Mostly Lost Money Since 2021
The private company, valued at $4.75 billion in its $8 billion Paramount deal, relies on film, animation and licensing deals with Netflix.
Ellison and his team have told Wall Street that they plan to build a “new Paramount” that will be a hybrid entertainment-technology company that leans into AI-infused efficiencies and works with companies like Oracle to boost the profitability of its direct-to-consumer business that includes Paramount+.
So many words to say nothing of value
I would disagree. They are saying they are gullible enough to fall for both new scams (AI) and old scams (believing the Oracle will actually provide any support to some product their sales team is pushing).
Edit: it’s of value to potential investors to stay the f away is what I mean.
This guy's dad does run Oracle though, so maybe they will provide support to his company
Touche
