Skydance CEO David Ellison: We can compete with anybody coming out of Silicon Valley

Let's look back at how we got here 10 years ago. Tech came into media and fundamentally disrupted the business. >> Yes. >> Companies didn't pivot fast enough. We can talk a lot about the owner-operator entrepreneurial culture of Silicon Valley versus the more steward culture of Hollywood that candidly put the businesses in this position. This transaction is the solution to those mistakes 10 years ago. Big tech took platform technology pushed into media. What we're doing it but by the people are still there for the content. They're there for the stories. They're there for the news that they love, the sports that they love, the stories they love. We have assembled an unmatched portfolio of intellectual property, sports, and news assets. And then we are building the product and tech organization that can compete with anybody coming out of Silicon Valley. That is going to enable us to push back and and when you look at the late delayed pivot. >> Yes. >> This accelerates streaming growth by years as a standalone company and you get to that inflection point very very quickly to where the growth businesses of studios and streamings you know but outpace linear decline. >> it.