Skydance Media has closed a new five-year, $1 billion credit facility led by J.P. Morgan, doubling the amount of a prior credit arrangement led by the financial institution. David Ellison’s c…
on Apple TV+, The Tomorrow War on Prime Video and Netflix’s. Along with film and television, Skydance has expanded into sports, animation, interactive, and new media.
The announcement was made by Skydance CFO & EVP of Business Operations, Larry Wasserman and Head of Entertainment Industries for J.P. Morgan’s Corporate Client Banking Group, David Shaheen.continue to grow,” Shaheen said in a press release. “This facility and the immense support from the entertainment banking community stand as a true testament to the strength of their business and quality content across platforms.
Wasserman said the company remains focused on “the massive opportunity ahead of us to sustain and enhance our growth.” With J.P. Morgan’s support, he added, “our forward-thinking business structure, and an unmatched network of partners, “we are well-positioned to continue bringing global entertainment to new heights.”McKinnon, and VP Corporate Counsel, Jaega Haralambus.
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