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By Harshita Mary Varghese Feb 25 (Reuters) - Paramount Skydance forecast first-quarter revenue below Wall Street estimates on Wednesday, citing an ongoing decline in legacy TV, but predicted strong growth in its streaming unit this year on additional subscribers and price increases.
Paramount Skydance forecast first-quarter revenue below Wall Street estimates on Wednesday, citing an ongoing decline in legacy TV, but predicted strong growth in its streaming unit this year on additional subscribers and price increases.
The David Ellison-led company, which is locked in a heated battle with Netflix to gain control of Warner Bros Discovery, expects revenue between $7.15 billion and $7.35 billion in the current quarter. Analysts on average were expecting $7.36 billion in revenue, according to data compiled by LSEG.
Paramount Skydance, in the midst of pursuing a acquisition of Warner Bros, Discovery, saw downturns in revenue from TV advertising and distribution in the fourth quarter, which helped to spur a wider
Paramount Skydance Corporation (NASDAQ:PSKY) is among the 11 Best Entertainment Stocks to Buy According to Wall Street. On February 12, 2026, Reuters reported that Paramount Skydance Corporation (NASDAQ:PSKY) is in talks with Matthew Halbower,
Longevity guru Peter Attia is out as a contributor at CBS News well before he really even offer any analysis or hot takes. Attia, who was recently named to a list of new contributors at CBS News under Bari Weiss,