- Associated Press - Monday, August 16, 2010

LOS ANGELES (AP) - Paramount Pictures, Viacom Inc.’s movie studio, says it has cut a four-year film co-financing deal with Skydance Productions, which is run by the son of Oracle Corp. founder Larry Ellison.

Skydance plans to make four to six movies per year that focus on big-budget action, adventure, science fiction and fantasy genres, as well as middle-budget comedies and other movies

Skydance, run by 27-year-old David Ellison, has raised $350 million for the projects.

The first films to be co-financed are “Mission: Impossible 4,” starring Tom Cruise, and “True Grit,” starring Matt Damon and directed by the Coen brothers.

Skydance has the option to co-finance most Paramount productions, while Paramount can take part in all Skydance productions.


Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.

 

Click to Read More and View Comments

Click to Hide