 The new combined company is valued at around $28 billion. In connection with the proposed transaction, which is expected to close in September of 2025, pending regulatory approval, a consortium led by the Ellison family and Redbird Capital will be investing $8 billion. Skydance, based out of Santa Monica, California, has helped produce major paramount hits in recent years, including Tom Cruise films like Top Gun Maverick and installments of the Mission Impossible series. If the deal is approved, Ellison would become the chairman and chief executive officer of what's being billed,