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Skydance Says It’s Committed to L.A., but Threat to Leave Has Proved Potent

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CitrixNews Staff
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Skydance Says It’s Committed to L.A., but Threat to Leave Has Proved Potent
Oct 2, 2026 2:01pm PT Skydance Says It’s Committed to L.A., but Threat to Leave Has Proved Potent

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Gene Maddaus

Senior Media Writer

@GeneMaddaus See All David Ellison AFP via Getty Images

Skydance is officially L.A.’s newest Fortune 500 company — but for how long?

In a message to employees last week, CEO David Ellison said he is committed to keeping the company in Hollywood: “We aren’t going anywhere.”

But the consent decree between Ellison and 12 state attorneys general does not require him to maintain a headquarters in Los Angeles. And the last two months have proven that the threat to leave can provide powerful leverage should Ellison need anything from state government in the future.

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