Skydance Media

Skydance Media is the operating-studio surface and surviving holdco brand of what trade buyers now reference as Paramount Skydance. The slug is preserved as the David Ellison-founded entity’s permanent address — the lineage that runs from a 2006 single-film co-financing experiment with Metro-Goldwyn-Mayer through the 2009 Paramount Pictures co-finance agreement, the 2018 Tencent stake, the 2020 RedBird and CJ ENM round, and the August 7, 2025 three-way close that wrapped Paramount Global and National Amusements inside it. Coverage from August 2025 forward attributes operating actions to “Paramount Skydance Corporation” or “Paramount, a Skydance Corporation”; this profile tracks the Skydance side of that capital and governance stack — Harbor Lights’ 100% Class A voting control, the Ellison family balance sheet, and the seven Skydance-branded divisions that continue to ship product under the new corporate parent.

For ad buyers and the streaming-distribution market, Skydance matters as the governance answer to two questions: who actually controls Paramount Skydance’s capital allocation, and what does the Ellison family’s stated intent to compete head-to-head with Netflix and Disney mean for Paramount+, Pluto TV, and the Warner Bros. Discovery integration if the pending $110B WBD acquisition closes on its targeted Q3 2026 schedule. The directory tracks Skydance separately from Paramount Global because the cross-references break otherwise — Paramount Global’s 2019 ViacomCBS-era lineage is the brand advertisers, regulators, and proxy advisors still reference; Skydance is the holdco that wraps it.