Paramount Skydance Corporation
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- David Ellison
- Full Time Employees
- 17,600
- Sector
- Consumer services
- Industry
- Cable/Satellite TV
- Address
- 1515 Broadway New York NY United States 10036
- IPO Date
- Dec 5, 2005
- CIK
- 0002041610
- Website
- paramount.com
- Similar Companies
- Business
- Paramount Skydance Corporation Paramount Skydance Corporation Class B Common Stock (PSKY) is a multinational media and entertainment conglomerate that creates, produces, and distributes filmed entertainment, television programming, streaming content, news, and sports media worldwide. Paramount Skydance Corporation operates through four primary divisions, including Paramount Skydance Studios encompassing the Paramount Motion Pictures Group with brands such as Paramount Pictures, Paramount Animation, Nickelodeon Movies, and Skydance Animation for theatrical films, television series, and video games; Paramount Streaming featuring Paramount+, Pluto TV, Philo as a joint venture with A&E Global Media, AMC Networks, and Warner Bros. Discovery, and a 50% stake in SkyShowtime with Comcast; Paramount Skydance TV Media comprising CBS Entertainment Group, Paramount Media Networks with BET Media Group, Nickelodeon, MTV Entertainment, Showtime, Comedy Central, and Paramount International Networks; and Paramount Sports Entertainment including Skydance Sports, a joint venture with the NFL for premium sports content. The company, formed in 2025 through an $8 billion merger of Paramount Global and Skydance Media following Skydance's acquisition of National Amusements, maintains headquarters at the Paramount Pictures lot in Hollywood, Los Angeles, with additional offices in Santa Monica, California, and New York City. Recent developments include shifting corporate headquarters to Los Angeles, announcing $2 billion in cost savings with an additional $1 billion targeted post-merger, laying off approximately 3,600 employees including reductions in South America, selling assets such as Telefe in Argentina and Chilevisión in Chile, securing deals like a seven-year UFC distribution agreement with TKO Group Holdings for Paramount+, a three-year worldwide film distribution pact with Legendary Entertainment excluding China, a first-look multi-picture deal with Will Smith’s Westbrook, a four-year agreement with Stranger Things creators for Paramount+ content, and a Call of Duty live-action film partnership with Activision Blizzard; launching Paramount Sports Entertainment division and reviving Paramount Television Studios integrating Nickelodeon and Awesomeness productions; acquiring The Free Press for CBS News; and pursuing a potential joint venture with Apollo Global Management for a bid on Warner Bros. Discovery while reporting its first full post-merger quarter with expected 5.5% revenue growth to $7.1 billion in Q3 2025.
Company News
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Skydance Rebounds 5% as Warrant Adjustment Selloff Fades; Netflix Rises 3%, Disney Advances 2%
Skydance shares plunge after company distributes nearly 471 million warrants
Stock Market Today, Oct. 14: Skydance Warrants Begin Separate Trading Today: SKYD Stock Drops 24%
Skydance Stock Closes Down Nearly 24% Despite Warrant Clarification
SKYDANCE PROVIDES DETAILS ON SEPARATE TRADING OF SKYD CLASS B SHARES AND WARRANTS
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Skydance Falls 16% as Shares Begin Trading Without Warrant Entitlement; Netflix and Disney Tick Up
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Skydance Shareholders Get Free Warrants Tuesday. Index Selling Could Hurt the Price.
Skydance (SKYD) Rises from Mega Merger: Was "Juice Worth the Squeeze?"