David Ellison Rallies the Troops at Warner Bros. Lot
Skydance chief David Ellison addressed employees at the Warner Bros. lot following the acquisition of Paramount. He emphasized the need for scale and creative firepower to compete with global technology giants in the attention economy.
Why it matters
This marks a significant consolidation in the media industry, signaling a shift in how traditional studios plan to compete with tech-driven streaming platforms.
"Today is Day 1. We have a long runway ahead of us, and we have a tremendous amount of work to do."
That was one of the lines that Skydance chief David Ellison told those assembled in the Steven J. Ross Theatre at the Warner Bros. lot in Burbank on Tuesday, the day he could finally call those working there his employees .
Ellison mentioned what a long, hard road it was to acquire the storied studio and also said there would be some pain ahead. But he kept his messaging on the idea of building something that could rival the biggest companies in the attention economy.
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