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Skydance CEO David Ellison, after closing the historic merger of Paramount and Warner Bros. Discovery despite fierce opposition, sent a memo to employees urging staff to rally around the new company. Ellison and co-CEO Ynon Kreiz thanked teams for their patience during a year-long process and said the combined vision began with Skydance’s Paramount acquisition. They framed the goal as more than adding studios, brands, or IP—building a stronger competitor with the scale to face industry leaders. The memo describes a media landscape shaped by shifting audience choices, evolving technology, and intense competition for attention. It also stresses a long-term owner-operator mindset, creativity-first focus, tech-forward operations, and a global approach.