Who owns Paramount Skydance?

About

Paramount Skydance is a media company that owns TV networks including CBS, Nickelodeon, MTV and BET, the Paramount+ and Pluto TV streaming services, and the Paramount Pictures film studio.

Television Broadcasting Stations · New York, New York

Source: Skydance Corp annual report (10-K) (filed 2026-02-25) ↗. Summary in our own words.

Billionaire holders

1. Larry EllisonAI & tech
   Controlling family backerEllison family ~77.5% of voting shares / 47.2% of all shares (per Wikipedia… · as of Aug 2025

   More

   Entry

   Paramount Skydance Corp.

   Ticker

   PSKY

   Exchange

   Nasdaq

   Role

   Controlling family backer (son David Ellison is CEO); Lawrence J. Ellison Revocable Trust is equity backstop for WBD deal

   Stake

   Ellison family ~77.5% of voting shares / 47.2% of all shares (per Wikipedia citing filing)

   Stake as of

   2025-08

   source ↗

Each row is a sourced entry from that person’s profile. Stakes are as of the date shown, not today.

Recent SEC filings

No Form 4 insider trades in Paramount Skydance from the holders above in the last 90 days.

Form 4 insider trades post within 2 business days. New to filings? Read Filings 101.

Recent moves

Oct 27, 2026 edition

Elon MuskInvestmentMediaPSKYAI read · — Unconfirmed

Musk invests about $1 billion in Skydance

The move

Semafor and CNBC reported, citing people familiar with the matter, that Elon Musk made a roughly $1 billion equity investment in Skydance, alongside other investors including Skydance board member Laurene Powell Jobs. The investment follows Paramount Skydance's $110 billion takeover of Warner Bros. Discovery, which closed earlier in October and was backstopped by a trust controlled by Larry Ellison, whose son David Ellison leads Skydance. Representatives for Skydance and Musk did not respond to requests for comment.

Why it matters

It would tie two of the world's richest men together in a third venture, after Ellison backed Musk's purchase of Twitter in 2022 and co-invests with him in xAI.

The bear case

Neither Musk nor Skydance has confirmed the investment, and the amount, stake size and terms all rest on unnamed sources.

What to watch

Whether Skydance or Musk confirms the investment, or it shows up in a future SEC filing.

Source · Cord Cutters NewsRead original ↗Report an error

Oct 16, 2026 edition

Larry EllisonOtherMediaPSKYAI read · ▼ Dilutive

Skydance stock plunges 22% after warrant payout

The move

Skydance, the renamed Paramount Skydance, fell as much as 26% intraday before closing down 22.2% at $7.06 on Oct 14, 2026, after distributing about 470.7 million warrants to former Paramount Class B shareholders. Each warrant lets holders buy one Class B share for $12; full exercise could raise $5.7 billion for the company while diluting current shareholders. The warrant payout came about a week after Skydance closed its $110 billion takeover of Warner Bros. Discovery, a deal backstopped by the Lawrence J. Ellison Revocable Trust.

Why it matters

The sell-off suggests investors think the combined company overpaid: Skydance's resulting market value of under $40 billion is less than half what Warner Bros. Discovery and Paramount were worth separately before the deal, according to Variety.

The bear case

Much of the drop is a one-time mechanical dilution tied to the merger's close, not necessarily a reassessment of the combined company's underlying business.

What to watch

The 12-day antitrust trial over the merger, scheduled for March 2, 2027.

Source · Fox BusinessRead original ↗Report an error

Oct 10, 2026 edition

Larry EllisonAcquisitionMediaSKYDAI read · ▲ Consolidation

Paramount Skydance closes Warner Bros. Discovery takeover

The move

Paramount Skydance completed its acquisition of Warner Bros. Discovery on Oct. 6, forming a new company called Skydance that combines Paramount Pictures, Warner Bros., CBS, CNN, HBO, Paramount+ and HBO Max. The deal was financed with about $47 billion in new equity led by the Ellison family, alongside RedBird Capital and sovereign wealth funds from Saudi Arabia, Qatar and Abu Dhabi. David Ellison becomes chairman and CEO, with former Mattel chief Ynon Kreiz as co-CEO. The combined company must also pay down roughly $82 billion in debt.

Why it matters

It closes one of the largest media mergers ever, days after Paramount settled antitrust lawsuits from a coalition of states by agreeing to an editorial-independence board for CNN and an extra $1.5 billion in movie spending over five years.

The bear case

Skydance is targeting more than $6 billion in cost cuts within three years, which raises the risk of layoffs across the combined company, and press reports still disagree on the deal's total value.

What to watch

How quickly Skydance moves to merge Paramount+ and HBO Max into one streaming service.

Source · The Philadelphia InquirerRead original ↗Report an error

Oct 8, 2026 edition

Larry EllisonAcquisitionMediaPrivateAI read · ▲ Bet paying off

Paramount Skydance closes $110B Warner Bros. Discovery deal

The move

Paramount Skydance completed its roughly $110 billion acquisition of Warner Bros. Discovery on Oct. 6 and renamed the combined company Skydance Corporation. Netflix had an earlier agreed deal to buy Warner's studio and streaming business but walked away after Paramount's higher $31-per-share bid, collecting a $2.8 billion breakup fee that was written into the original agreement. Larry Ellison's family, together with RedBird Capital Partners, had committed to fully back a roughly $47 billion Paramount share sale tied to financing the deal.

Why it matters

The deal creates one of the largest media companies, combining Paramount+ and HBO Max, CBS News and CNN, and ties a large share of Ellison family wealth to how it performs.

The bear case

Paramount took on heavy debt and a massive share sale to fund the takeover; if streaming and ad growth disappoint, that leverage could weigh on the stock for years.

What to watch

Integration progress at the combined Skydance Corporation, and any further appeals tied to the state settlement that cleared the way for the merger to close.

Source · MoneywiseRead original ↗Report an error

Oct 1, 2026 edition

Larry EllisonInvestmentMediaORCLAI read · ▲ Bankrolling junior

Ellison pledges $9.2 billion more Oracle stock for son's deal

The move

A Sept. 25 proxy filing showed Larry Ellison pledged 67 million more Oracle shares, worth about $9.2 billion at Friday's close, as collateral for personal loans, a 19% increase from a year ago. Ellison now has roughly 36% of his Oracle stake, about $57 billion worth, pledged as collateral. The filing ties the increase to Ellison helping finance his son David Ellison's Paramount Skydance in its planned $111 billion acquisition of Warner Bros. Discovery, with the Ellison family committing $47 billion in equity to that deal.

Why it matters

Oracle's own policy bars officers and directors from pledging shares as loan collateral, except for Ellison, so this is a personal financing tool other Oracle executives don't have, now being used to help fund one of the biggest media deals in years.

The bear case

Pledged shares can trigger margin calls if Oracle's stock drops sharply, which would force Ellison to sell stock or post more collateral at the worst possible time.

What to watch

Regulatory review of the Paramount Skydance-Warner Bros. Discovery deal, and whether Ellison pledges still more Oracle stock as it closes.

Source · Investing.comRead original ↗Report an error

Sep 24, 2026 edition

Larry EllisonAcquisitionMediaPSKY · WBDAI read · ▼ Costly if delayed

Paramount's Warner Bros. Discovery deal risks a daily penalty

The move

Paramount Skydance's $31-per-share cash deal to buy Warner Bros. Discovery must close by Sept. 30 or Paramount owes WBD shareholders a ticking fee that accrues daily on top of that price. A group called Block the Merger is still fighting the deal in court, with amicus briefs due Sept. 25.

Why it matters

Every day past Sept. 30 raises the price Ellison-backed Paramount pays for WBD, on top of the legal costs of fighting off the merger challenge.

The bear case

The fee is small day to day, and Paramount has already shown it's willing to pay to keep the deal moving rather than let it collapse.

What to watch

Whether the deal closes by Sept. 30, and the outcome of the Sept. 25 amicus filings.

Source · TheWrapRead original ↗Report an error

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