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David Ellison Says Tom Cruise Supports Skydance-Paramount Merger, Calls Outreach From Hollywood “Remarkable And Humbling”

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Skydance CEO David Ellison said Tom Cruise of Paramount’s Mission Impossible and Top Gun franchises “is supportive of the planned merger and that the “outreach that we have received from the entertainment community has been pretty remarkable and humbling.” “I think there’s a great opportunity, the fact that we’ll have one of the first owned and operated studios, that will be that will be stable, that can think long term.

That’s not just going to have to focus on tomorrow but can focus on several years from now. We really are going to take the long-term approach to this business.

And it’s been it’s been really exciting, encouraging and humbling that the greatest filmmakers in the world and artists are supportive of this transaction,” he said today in an interview with CNBC.

Skydance has made nine movies with Cruise, he said, calling the actor “one of the greatest, most talented artists in the world” and Top Gun: Maverick “the first film I ever put into development.” Ellison also offered a peek into his family’s investment philosophy and how it informed the deal on his end, telling the network, “We’re really comfortable with businesses in transition.” “I think if you look at the technological prowess we have on the family side, and the transition that Oracle just went through, that was a time period where … we bought more stock and emerged in that transition stronger than ever.

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