Hollywood’s Support for Skydance-Paramount Merger Has Been ‘Remarkable and Humbling,’ David Ellison Says

“Top Gun: Maverick” and “Mission: Impossible” star and producer Tom Cruise is “supportive” of the transaction, the executive says

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David Ellison and Tom Cruise (Getty Images)

In the few days since Skydance Media reached an $8 billion deal to merge with Paramount Global, David Ellison said the outreach 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,” Ellison told CNBC in an interview on Wednesday. “We really are going to take the long-term approach to this business.

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