Exclusive: Skydance Media has added two key senior execs in human resources and business and legal affairs and also expanded the roles of two others in the management ranks.
Jean Chi, who has held exec posts at Spotify, Paramount and A24, has been named President of Global Business & Legal Affairs. Jodi Dicenzo, whose 20 years in the entertainment and creative sectors have included stops at Universal Studio Group and NBC Entertainment Group, is also joining as EVP of Human Resources.
As the new hires come aboard, Skydance CFO Larry Wasserman and General Counsel Stephanie Kyoko McKinnon have both added Co-President of Business Operations to their titles.
Chi will oversee all business and legal affairs related to Skydance’s global content divisions including feature film, television, and animation, reporting to President & COO Jesse Sisgold.
Dicenzo will be responsible for setting Skydance’s Hr strategy and culture development, including leading the efforts for employee relations and engagement,...
Jean Chi, who has held exec posts at Spotify, Paramount and A24, has been named President of Global Business & Legal Affairs. Jodi Dicenzo, whose 20 years in the entertainment and creative sectors have included stops at Universal Studio Group and NBC Entertainment Group, is also joining as EVP of Human Resources.
As the new hires come aboard, Skydance CFO Larry Wasserman and General Counsel Stephanie Kyoko McKinnon have both added Co-President of Business Operations to their titles.
Chi will oversee all business and legal affairs related to Skydance’s global content divisions including feature film, television, and animation, reporting to President & COO Jesse Sisgold.
Dicenzo will be responsible for setting Skydance’s Hr strategy and culture development, including leading the efforts for employee relations and engagement,...
- 5/29/2024
- by Dade Hayes
- Deadline Film + TV
David Ellison’s Skydance Media has closed a new five-year, $1 billion credit facility led by J.P. Morgan, Skydance CFO & EVP of Business Operations, Larry Wasserman and Head of Entertainment Industries for J.P. Morgan’s Corporate Client Banking Group, David Shaheen, announced on Tuesday.
The facility builds upon the company’s longstanding relationship with J.P. Morgan and replaces its 2020 four-year, $500 million revolving credit facility.
In addition to working with J.P. Morgan, Skydance’s robust capital structure is supported by a recent $400 million investment round, led by Kkr and the Ellison family and joined by existing investors RedBird Capital Partners and Tencent, which valued the 1irm at over $4 billion.
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“We’re incredibly proud to build upon our longstanding relationship with Skydance Media as they continue to grow,” said David Shaheen, Head of Entertainment Industries for J.
The facility builds upon the company’s longstanding relationship with J.P. Morgan and replaces its 2020 four-year, $500 million revolving credit facility.
In addition to working with J.P. Morgan, Skydance’s robust capital structure is supported by a recent $400 million investment round, led by Kkr and the Ellison family and joined by existing investors RedBird Capital Partners and Tencent, which valued the 1irm at over $4 billion.
Also Read:
‘Mission: Impossible — Dead Reckoning Part One’ Gets Action-Packed Teaser Ahead of Premiere
“We’re incredibly proud to build upon our longstanding relationship with Skydance Media as they continue to grow,” said David Shaheen, Head of Entertainment Industries for J.
- 7/11/2023
- by Umberto Gonzalez
- The Wrap
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 co-finance and production house is poised for a high point Wednesday with the global release of Mission: Impossible – Dead Reckoning Part One, which is on track for franchise-record global opening.
The new credit facility extends the company’s long-term relationship with J.P. Morgan. It replaces a four-year, $500 million revolving credit facility established in 2020. In announcing the new facility, Skydance also noted a recent $400 million investment round valuing the company at more than $4 billion. That round was led by Kkr and the Ellison family and joined by existing investors RedBird Capital Partners and Tencent.
Along with the Mission: Impossible franchise, Skydance has backed Top Gun: Maverick as well as popular streaming films including Ghosted on Apple TV+, The Tomorrow War...
David Ellison’s co-finance and production house is poised for a high point Wednesday with the global release of Mission: Impossible – Dead Reckoning Part One, which is on track for franchise-record global opening.
The new credit facility extends the company’s long-term relationship with J.P. Morgan. It replaces a four-year, $500 million revolving credit facility established in 2020. In announcing the new facility, Skydance also noted a recent $400 million investment round valuing the company at more than $4 billion. That round was led by Kkr and the Ellison family and joined by existing investors RedBird Capital Partners and Tencent.
Along with the Mission: Impossible franchise, Skydance has backed Top Gun: Maverick as well as popular streaming films including Ghosted on Apple TV+, The Tomorrow War...
- 7/11/2023
- by Dade Hayes
- Deadline Film + TV
In a difficult credit market, David Ellison’s Skydance Media has secured a new $1 billion credit facility, giving the film and TV studio enhanced flexibility to invest in its business lines, which include a growing animation business and a recently launched joint venture with the NFL.
The new five-year credit line replaces a 2021 $500 million revolver (which had a $1 billion option). The deal also comes less than a year after Skydance secured a $400 million investment round led by Kkr, RedBird Capital Partners and Cj Enm, as well as the Ellison family (David’s father Larry Ellison is the co-founder of tech giant Oracle and his sister Megan is the founder of Annapurna Pictures).
The deal is the second major entertainment credit agreement inked by J.P. Morgan in the last few months as well, with the mega-bank having led an $800 million facility in Legendary Entertainment in April.
The deal also comes amid...
The new five-year credit line replaces a 2021 $500 million revolver (which had a $1 billion option). The deal also comes less than a year after Skydance secured a $400 million investment round led by Kkr, RedBird Capital Partners and Cj Enm, as well as the Ellison family (David’s father Larry Ellison is the co-founder of tech giant Oracle and his sister Megan is the founder of Annapurna Pictures).
The deal is the second major entertainment credit agreement inked by J.P. Morgan in the last few months as well, with the mega-bank having led an $800 million facility in Legendary Entertainment in April.
The deal also comes amid...
- 7/11/2023
- by Alex Weprin
- The Hollywood Reporter - Movie News
Skydance Media has set a substantial refinancing, closing a four-year revolving credit facility worth up to $1 billion.
The facility, led by J.P. Morgan, is initially valued at $500 million but Skydance will have the ability to double it, according to president and COO Jesse Sisgold.
In announcing the arrangement, the film and TV company said the refinancing was oversubscribed based on its track record and prospects. Founded in 2010 by David Ellison, Skydance has backed a notable roster of feature and series titles, including Netflix films The Old Guard and 6 Underground, studio releases like installments in the Mission: Impossible franchise and shows like Grace & Frankie. Its debut feature animation project is the forthcoming Luck.
The credit facility will be used to sustain and expand the company’s operations, plus production and development activities in film, TV and animation. It will also support interactive-focused and venture endeavors, Skydance said.
Sisgold teamed...
The facility, led by J.P. Morgan, is initially valued at $500 million but Skydance will have the ability to double it, according to president and COO Jesse Sisgold.
In announcing the arrangement, the film and TV company said the refinancing was oversubscribed based on its track record and prospects. Founded in 2010 by David Ellison, Skydance has backed a notable roster of feature and series titles, including Netflix films The Old Guard and 6 Underground, studio releases like installments in the Mission: Impossible franchise and shows like Grace & Frankie. Its debut feature animation project is the forthcoming Luck.
The credit facility will be used to sustain and expand the company’s operations, plus production and development activities in film, TV and animation. It will also support interactive-focused and venture endeavors, Skydance said.
Sisgold teamed...
- 1/28/2021
- by Dade Hayes
- Deadline Film + TV
Skydance Media has closed a four-year, $500 million revolving credit facility led by J.P. Morgan.
The company says that it has the ability to expand that facility to $1 billion and also said that it plans to use the money to support corporate operations as well as production and development. Skydance previously closed a $700 million round of new financing in 2016 with J.P. Morgan.
Skydance, which has financed or co-financed the likes of “True Grit,” “6 Underground,” “Gemini Man,” “Jack Reacher” and several “Mission: Impossible” sequels, is hoping to use some of the money to back its moves into animation and television.
Skydance President and Chief Operating Officer Jesse Sisgold closed the facility in collaboration with Skydance CFO Larry Wasserman. Other partners involved in the facility include Comerica, Bank of America, Truist Bank, Union Bank, Bank Hapoalim, Cit Bank, East West Bank, Fifth Third Bank, California Bank & Trust, Citizens Bank, Bank of Hope,...
The company says that it has the ability to expand that facility to $1 billion and also said that it plans to use the money to support corporate operations as well as production and development. Skydance previously closed a $700 million round of new financing in 2016 with J.P. Morgan.
Skydance, which has financed or co-financed the likes of “True Grit,” “6 Underground,” “Gemini Man,” “Jack Reacher” and several “Mission: Impossible” sequels, is hoping to use some of the money to back its moves into animation and television.
Skydance President and Chief Operating Officer Jesse Sisgold closed the facility in collaboration with Skydance CFO Larry Wasserman. Other partners involved in the facility include Comerica, Bank of America, Truist Bank, Union Bank, Bank Hapoalim, Cit Bank, East West Bank, Fifth Third Bank, California Bank & Trust, Citizens Bank, Bank of Hope,...
- 1/28/2021
- by Brent Lang
- Variety Film + TV
DreamWorks Studios has hired Lyndsay Harding as its new Chief Financial Officer. Harding takes over for Larry Wasserman, who left the studio for the same position at David Ellison‘s Skydance Productions. Harding previously was CFO at Evergreen Studios. Before her stint at Evergreen, she was a senior vice president at MGM Studios, where she oversaw corporate development and financial planning. She has a Wall Street background, having spent a number of years as an analyst in the mergers and acquisitions group at Goldman Sachs and then as an associate at JPMorgan Partners, the private equity arm of JPMorgan Chase.
- 9/18/2014
- by Gina Hall
- The Wrap
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