3h ago
Paramount Skydance Shares Drop as $110B Warner Bros. Deal Adds $79B Net Debt Load
Paramount Skydance Corporation stock moved lower after the company outlined financial terms of its $110 billion merger with Warner Bros. Discovery, which will leave the combined group with about $79 billion in net debt. Executives projected significant revenue, EBITDA and cost synergies for 2026 and ruled out cable asset sales, while the market focused on leverage metrics and integration risks. PSKY traded at $13.23, down 2.03%, as investors weighed valuation against the company's higher debt burden.