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Skydance — Q3 2026 Earnings Summary

Skydance Corporation completed its acquisition of Warner Bros. Discovery on October 6, 2026, creating the second-largest media distributor by U.S. TV time share. The combined entity targets $6 billion in annualized run-rate synergies within three years and plans to launch a bundled HBO Max and Paramount+ offering in early 2027. In the third quarter of 2026, Paramount Skydance reported $7.0 billion in revenue with $1.0 billion in adjusted EBITDA, driven by a 21% growth in Paramount+ revenue. The company aims to reduce its net leverage ratio to 3.0x by the end of 2029 and achieve investment-grade credit metrics while transitioning revenue growth toward its streaming and studios businesses.

Company
SKYDANCE CORP
Sector
Communication Services
Industry
Entertainment