“The $110 billion transaction closed following receipt of all required regulatory approvals under the merger agreement and satisfaction of other customary closing conditions”, said David Ellison, Chairman and CEO of Skydance said.
“Today is a historic day, not just for Skydance but for our entire industry. From the start, our ambition was to bring these two storied studios together and create a stronger competitor, with the talent, resources, and reach to tell great stories in every genre, on every platform, for audiences everywhere. Now that ambition is a reality."
“We're grateful to everyone who made this possible – the employees, creative talent, and production teams of both companies, who worked tirelessly to get us here and inspire audiences around the world every day, as well as the advisors and partners who guided this transaction to completion."
"Our focus now turns to the future: building a company that empowers creatives, entertains audiences and rewards shareholders. We couldn't be more excited to get to work."
Skydance now owns the rights to numerous properties including “Star Trek”, DC Comics, “Harry Potter”, “Transformers”, “Game of Thrones”, “Mission: Impossible”, “The Lord of the Rings”, a“Teenage Mutant Ninja Turtles” and a whole lot more…
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