https://x.com/i/trending/2113307620882927995?s=20Grok wrote:Skydance, led by David Ellison and Ynon Kreiz, took control after Paramount's $110 billion acquisition of Warner Bros. Discovery on October 6, now overseeing CNN, CBS News, HBO Max, and more while chasing $6 billion in cost savings. A Semafor report claims Musk invested around $1 billion, though neither he nor Skydance has confirmed it. Online reactions ranged from excitement over potential reforms at CNN—which Musk once called the 'Disinformation News Network'—to questions about employee exits and media influence under leaders tied to Trump.
Skydance's market cap is around $35 billion.