Laurene Powell Jobs Invested $250 Million in David Ellison’s Skydance

By Todd Spangler

Todd Spangler

NY Digital Editor

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Billionaire and philanthropist Laurene Powell Jobs paid $250 million to acquire a stake in Skydance, the David Ellison-led company formed by the merger of Paramount Skydance and Warner Bros. Discovery.

Powell Jobs, founder and president of Emerson Collective, was named to the board of Skydance on Oct. 5 alongside former Activision chief Bobby Kotick, which was announced the following day.

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