The equity deal with RedBird and CJ Entertainment valued Skydance at about $2.3 billion. At its current pace of growth — revenue is expected to increase more than 40 percent this year compared with last, the company said — Skydance could be worth $5 billion or more in a few years. Mr. Ellison would most likely pursue a sale or an initial public offering at that point.Skydance could quickly become an acquisition target. After Amazon’s $8.45 billion purchase of MGM, content engines with access to established intellectual property, Skydance included, are hot prospects. Even if Skydance parts ways with Paramount next year, the expiring …
