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✉news TechnologyTechnology first seen 11 h ago, last 9 h ago, peak #17

David Ellison bets on AI to reshape Skydance after $110B Warner Bros. deal

Original: David Ellison bets on technology, AI to transform Skydance post $110B Warner Bros. deal (SKYD:NYSE)

Skydance chief executive David Ellison says he plans to use technology and artificial intelligence to transform the merged company following its roughly $110 billion deal combining Skydance with Warner Bros. The strategy centers on using AI and modern tools to cut costs and modernize production and distribution across the combined entertainment business.

Why now: The newly closed megadeal combines two major Hollywood players, and Ellison's AI-focused turnaround plan is a fresh and consequential development for the entertainment industry.

David EllisonSkydanceWarner Bros.

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