Skydance Media, a global media company founded by David Ellison in 2010, acquired the animation unit of Madrid, Spain-based Ilion Studios, an animation production company, to form Skydance Animation Madrid.
The amount of the deal was not disclosed.
This acquisition combines the creative capital of Skydance with Ilion’s talent, ensuring Skydance Animation’s full oversight of all production aspects guaranteeing quality control throughout the life cycle of every project.
Led by animation visionary John Lasseter and industry veteran Holly Edwards, Skydance Animation has a combined workforce of almost 500 employees across two continents, and an expanded creative capability, scale and leverage to become an industry-leading producer of high-end animated films and television series for audiences around the world.
Since inception, Skydance Animation’s team of creatives has grown to include Vicky Jenson, Peggy Holmes, Nathan Greno, Kiel Murray, Lauren Hynek, Elizabeth Martin and Linda Woolverton. Ilion Animation Studios creates computer animated feature films combining technology with artistic quality.