Skydance Lands $400 Million Investment, Pushing David Ellison’s Company Past $4 Billion Valuation

EXCLUSIVE: Michelle Monaghan is set to co-star opposite Mark Wahlberg in Apple Original Films and Skydance Media’s action comedy The Family Plan. Simon Cellan Jones, who recently collaborated with Wahlberg on Arthur the King, will direct.

David Ellison’s Skydance has secured a $400 million investment to expand its operations, particularly its animation, sports and interactive ambitions, pushing the company’s valuation above $4 billion. The investment came from investment firm KKR and joined by the Ellison Family (who remain the company’s majority shareholders), as well as other existing backers supporting the “Top Gun: Maverick” studio.

Skydance Media said today it’s completed a $400 million strategic investment round led by KKR, a first-time investor, and joined by the Ellison family, who remain majority shareholders. Existing investors RedBird Capital Partners and Tencent also participated in the fundraise, which values Skydance at over $4 billion.

EXCLUSIVE: In what is turning into one of the more hotter projects in town, Skydance’s The Gorge starring Miles Teller, looks to have found its distributor and Teller’s co-star. Sources tell Deadline, Apple Original Films have come on to the pic with SAG Award-winner Anya Taylor-Joy set to star alongside Miles Teller in the genre-bending love story. Scott Derrickson is on board to direct with Zach Dean penning the script, which he sold on spec to Skydance last year. In addition to starring, Teller will serve as executive producer on the film.

Chris Messina (Sharp Objects) has been tapped to star opposite Kaley Cuoco in Peacock’s dark comedic thriller Based on a True Story, from Emmy-nominated The Boys executive producer Craig Rosenberg, Ozark star/executive producer Jason Bateman and his Aggregate Films as well as UCP.

Move over, Kendall Jenner. Kim Kardashian is the one raising eyebrows when it comes to food during the latest episode of The Kardashians.

Simon Cowell has reportedly bagged another £90million since securing his latest television deal.

Gigi Hadid and Leonardo DiCaprio are still going strong. This past week, Hadid walked the runway at the Versace Fashion Show, with Leo’s ex, Camila Morrone, sitting at the front row of her show.Gigi Hadid’s dad Mohamed shares insight on rumors she’s dating Leonardo DiCaprioLauren Sanchez, Jeff Bezos & Leo DiCaprio attend Anna Wintour’s party in New YorkHadid looked focus as she walked down the runway, wearing an all black outfit with some striking eye shadow.Morrone was photographed in her front row seat. She was also wearing an all black outfit made up of a stylish corset, some pants and heels.

, the father of her two children, True and No Name (yet). Romance rumors spread after Italian actor Michele Morrone posted pics of himself and Khloé hanging out at the Dolce & Gabbana spring/summer 2023.

personal drama is playing out on, Khloe Kardashian is moving on in Milan! The 38-year-old reality star attended Milan Fashion Week to support her sister, Kim Kardashian's Dolce & Gabbana collaboration over the weekend. But fans quickly noticed Khloe canoodling with actor Michele Morrone several times throughout the festivities. The 31-year-old Italian actor sat next to KoKo in the front row of the Dolce show on Saturday, and posed with the mother of two backstage in a tight embrace. Morrone posted the pic to his Instagram Stories featuring himself with his arm wrapped around Khloe's waist, pulling her in close as cameras snapped.

Kim Kardashian is looking fierce on her night out!

Cate Blanchett steps out in a dazzling number for the 2022 CNMI Sustainable Fashion Awards during Milan Fashion Week on Sunday (September 25) in Milan, Italy.