Skydance Acquires Spain’s Ilion Studios To Form Combined U.S.-Europe Animation Outfit

Skydance Media Acquires Animation Unit Of Madrid-Based Ilion Studios

The company added that it would soon be unveiling a first slate of high-end TV to complement its feature offering. “The world is going through an unprecedented and uncertain time. Today’s acquisition marks the culmination of many months of work to build one studio across two continents, with the goal of creating the highest-quality animation, led by best-in-class talent from around the world,” said David Ellison, chief executive officer of Skydance Media.

“We are excited to expand our partnership with Skydance Animation and to further collaborate with Skydance founder David Ellison and elite talent like John Lasseter and Holly Edwards,” said Ignacio Pérez Dolset, founder, president and chief creative officer of Ilion. “This is a phenomenal growth opportunity for our team in Spain and we’re proud to be an integral part of Skydance’s exciting future.

Latham & Watkins LLP acted as legal adviser to Skydance Media and Loyra Abogados provided counsel to Ilion in the transaction.

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