Paramount Skydance Corporation Class B Common Stock
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- 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
Why Is Paramount Skydance (PSKY) Up 25.2% Since Last Earnings Report?
Tom Cruise Backs Paramount's 30-Movies-A-Year Promise In WBD Merger: “I Think It's Awesome”
Block The Merger Coalition Releases New Video Urging “No Concessions” On Paramount-WBD
The Attorney General Of California Vs. Paramount (Part 1)
California opposes Paramount request for $1.88 billion bond
Paramount Skydance Corporation Announces Extension of Expiration Dates of Previously Announced Exchange Offers and Tender Offers
California AG Rob Bonta's political bid has put the Paramount merger on hold
Lost in limbo: Where the Paramount merger delay leaves WBD, and what may come next
California AG says no settlement talks scheduled with Paramount after confidential details leaked
California Attorney General Ramps Up Criticism of Paramount
California AG says no settlement talks scheduled with Paramount
Paramount CEO David Ellison is at the final hurdle before buying WBD. So far, he can't clear it
Paramount Denies It Leaked Details Of Talks With AG's Office, Company “Hopeful” And “Ready To Continue Good Faith Discussions”
California cancels planned Paramount settlement talks over Warner Bros. merger
3 Trends Eating Up Wall Street Headlines Today
What Makes Paramount Skydance's Deal For Warner Bros. Discovery So Unique
California calls off Paramount settlement meeting as media giant eyes Tennessee for new headquarters
California's Bonta Cancels Paramount Meeting, Citing Leaks
California AG Rob Bonta cancels Paramount settlement meeting, citing 'lack of good faith'
Paramount Skydance Corporation Announces Extension of Expiration Dates of Previously Announced Exchange Offers and Tender Offers