Skydance Media’s Jesse Sisgold Departs to Join RedBird Capital as Senior Advisor
Jesse Sisgold, former president and COO of Skydance Media, is exiting the company after more than a decade to become a senior C-suite advisor at RedBird Capital Partners. He most recently led Paramount Sports Entertainment following Skydance’s acquisition of Paramount. CEO David Ellison announced the departure via internal memo, praising Sisgold’s role in building the company’s strategy, raising capital, and managing key partnerships with Tencent, CJ ENM, and KKR. Sisgold will remain closely involved with Skydance on sports and entertainment opportunities while transitioning to a broader advisory role across RedBird’s portfolio.
Key points
- Jesse Sisgold is leaving Skydance Media after serving as president and COO since 2014.
- He will join RedBird Capital Partners as a senior C-suite advisor based in Beverly Hills.
- Sisgold recently led Paramount Sports Entertainment, which he expanded into a unified platform for sports storytelling, gaming, and fan engagement.
- David Ellison described Sisgold as integral to Skydance’s growth, capital raising, and the merger with Paramount.
- Sisgold will continue collaborating with Skydance on sports and entertainment opportunities despite his official departure.
Background
Skydance Media has undergone significant structural changes since its founding, including the recent merger with Paramount and the creation of specialized divisions like Paramount Sports Entertainment. The company has also navigated key partnerships with global entities such as Tencent and KKR. Sisgold’s departure follows a period of expansion in sports media, where Skydance renewed its NFL partnership and achieved multiple Sports Emmy nominations under his leadership.
Why it matters
The exit of a foundational executive like Sisgold signals a shift in Skydance’s leadership structure as the company integrates its Paramount assets. His move to RedBird Capital, a strategic partner, suggests continued collaboration between the two firms, particularly in sports and entertainment. This transition may influence how Skydance approaches future partnerships and portfolio expansion, while RedBird gains a key figure with deep industry relationships and operational experience.
What to watch
Skydance will need to determine the future leadership of Paramount Sports Entertainment and other divisions previously overseen by Sisgold. RedBird Capital will likely leverage his expertise to expand its sports and entertainment investments. Continued collaboration between Skydance and RedBird is expected, particularly in areas where their interests align, such as sports media and global distribution.
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