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Skydance’s $110 Billion Bet on Netflix’s Order of Operations
Paramount Skydance closed its acquisition of Warner Bros. Discovery on October 6. The combined company is now simply called Skydance: roughly $70 billion in revenue, more than $30 billion a year in content spend, and about $79 billion in debt.
Most of the coverage will treat this as a Hollywood story. Studio lots, franchise slates, who runs HBO. That misses the point. This is a technology bet with a studio attached, and David Ellison has made that his whole argument:
“Unless you can build a tech product truly competitive with Silicon Valley, you can’t compete.”
You might be asking how the…
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