Skydance CEO David Ellison expressed excitement over the planned merger with Paramount, with support from top Hollywood filmmakers and artists like Tom Cruise. Ellison highlighted the long-term opportunities the merger will provide, emphasizing a focus on stability and the ability to think years ahead. With billionaire Larry Ellison backing Skydance's acquisition of Paramount, the deal represents a significant transition for both companies to create a media powerhouse that combines art and technology. The deal, which includes a $1.5 billion investment in Paramount, is seen as a positive move for Hollywood, preserving the historic studio while bringing in passionate owners. Though staff may have concerns about cost savings targets, industry experts are hopeful for the future of the merged company, with Ellison leading as CEO and Jeff Shell as president. The deal is expected to move swiftly through regulatory processes, potentially closing sooner than expected.