Warner Bros. opens door to Paramount
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Paramount Skydance reported a boost in revenue for the fiscal fourth quarter of 2025, helped by increases in its streaming business.
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
Cinelli added, "we're reaffirming guidance for the year on both on revenue as well as profit, adjusted EBIT outlook of $3.8 billion. That excludes our $300 million of stock-based compensation but is improving year-on-year driven by both the top line and as we realize our synergies."
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 projected first-quarter 2026 revenue below Wall Street expectations, citing continued weakness in its legacy TV business as cord-cutting accelerates across the media industry. The company expects
Paramount’s $31-per-share offer pressures Warner Bros. Discovery to reconsider its Netflix agreement amid a growing bidding war.
NEW YORK (AP) — NEW YORK (AP) — Paramount Skydance Corporation (PSKY) on Wednesday reported a loss of $573 million in its fourth quarter. The New York-based company said it had a loss of 52 cents per share. Losses, adjusted for one-time gains and costs ...
Paramount Skydance’s potential deal to snap up Warner Bros. Discovery in its entirety has cleared antitrust review at the U.S. Justice Department — despite the fact that David Ellison’s Paramount has repeatedly failed to secure an agreement to acquire Warner Bros.