PSKY · Paramount Skydance Corporation

Paramount Skydance Corp PSKY

Operates film and television studios, cable networks, and the Paramount+ streaming service formed through the merger of Paramount and Skydance.

Industry
Media
Listed on
Nasdaq NMS
IPO
2025-08-07
Website
paramount.com

Daily brief

Paramount Skydance launches $44.4 billion notes offering for Warner deal

+3.21% to $10.28 from $9.96

What moved PSKY

  • Paramount Skydance launched roughly $44.4 billion in U.S. dollar- and euro-denominated senior secured first- and second-lien notes offered to qualified institutional buyers.
  • Proceeds are earmarked to help fund the company’s acquisition of Warner Bros. Discovery and to repay existing debt.
  • The proposed offering size is roughly four times Paramount Skydance’s current market capitalization of about $11.2 billion.
  • Final terms, including principal amounts, interest rates, currencies and maturities, remain subject to market conditions.

Sources: PR Newswire · TipRanks · Yahoo Finance

Daily brief

Paramount Skydance climbs as it settles state antitrust suits over Warner Bros. deal

-2.94% to $9.91 from $10.21

What moved PSKY

  • Paramount Skydance agreed to concessions demanded by state attorneys general to settle a lawsuit challenging its bid for Warner Bros. Discovery, including new restrictions on how it handles cable-carriage negotiations.
  • The agreement, which still requires court approval, keeps Warner Bros. Studios and Paramount Pictures operating separately for now.
  • Some state attorneys general, including in California and Connecticut, had been pushing for stronger concessions before the settlement was finalized.

Sources: Hollywood Reporter · NPR · CNN

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