All in, this takes Skydance Media’s value to $2.3 billion
. .
The equity investment solidifies a strategic partnership with RedBird Capital and CJ ENM to further support Skydance’s substantial growth trajectory. RedBird Capital, founded by former Goldman Sachs Partner Gerald Cardinale, led the investment round and brings to Skydance its expertise in scaling owner-operated companies with a focus on growing value over time.
“As the media entertainment landscape continues to evolve against the backdrop of a transformational distribution ecosystem, I can’t think of a more compelling pure play content company than Skydance Media,” said Gerry Cardinale, Founder and Managing Partner, RedBird Capital Partners.
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