Skydance Media Secures $275 Million Investment From Redbird Capital, CJ Entertainment

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Skydance Media has secured a $275 million strategic investment from RedBird Capital Partners and CJ Entertainment and Merchandising. The company said that equity infusion raises its valuation to $2…

Skydance Media has secured a $275 million strategic investment from RedBird Capital Partners and CJ Entertainment and Merchandising. The company said that equity infusion raises its valuation to $2.3 billion. The news comes 48 hours after “Parasite,” the South Korean thriller that CJ financed, picked up a best picture Oscar. Skydance is overseen by David [...]Amazon has snapped up North American rights to an Emily Blunt-fronted western from the BBC, Variety has learned.

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