PSKY
Paramount Skydance Corporation
October 1, 2026 · intraday
- Rarity
- 2.05
- Peak move
- −9.68%
- Float cap
- $8.9B
Paramount Skydance Corporation is a global media and entertainment company whose portfolio includes Paramount Pictures, CBS, Nickelodeon, MTV, Showtime, and Skydance Media. It operates broadcast and cable networks, television studios, and streaming services such as Paramount+ and Pluto TV, serving worldwide audiences through advertising, affiliate fees, and subscriptions.
Where do you see this going?
no votes yetVoting closed at 4:00 PM ET.
What we found
12 events · 1 from SEC or newswire · 0 timed with the moveanalyst_ratingCitizens reiterated its Market Outperform rating and $14.00 price target on Paramount Skydance, citing the appointment of Ynon Kreiz and the approval of the final consent decree clearing the last legal hurdle for the October 6 close of the WBD transaction.
analyst_ratingNeedham maintained its Hold rating on Paramount Skydance ahead of the October 6 Warner Bros. Discovery merger close, citing a post-synergy net debt-to-EBITDA ratio above 4x as a key concern.
executive_remarkParamount Skydance CEO David Ellison asked CNN Chief Executive Mark Thompson to stay at the helm of the cable news network after the Warner Bros. Discovery acquisition, with talks on a new contract not yet settled on terms.
- Key event
debt_financingBanks completed syndication of about $52 billion of debt funding Paramount Skydance's Warner Bros. Discovery acquisition, including $30 billion of investment-grade notes, $12.4 billion of junk bonds and $9.46 billion of loans.
debt_financingParamount Skydance agreed to sell $3.5 billion of 6.30% senior secured first lien notes due 2028 and priced $8.5 billion and €850 million Term Loan B facilities, part of $41.4 billion and €885 million senior secured notes offerings to help fund its Warner Bros. Discovery acquisition.
reg_fd_disclosureParamount Skydance said it will delist its shares from Nasdaq on October 5, 2026 and begin trading on the New York Stock Exchange on October 6, 2026 in conjunction with the Warner Bros. Discovery transaction closing.
- Key event
acquisition_acquirerParamount Skydance and Warner Bros. Discovery announced their $110 billion merger, signed February 27, 2026, is expected to close October 6, 2026, with each WBD share converted to $31.00 cash plus a $0.00277778 per-day ticking fee after September 30, about $31.0167.
- Key event
litigation_outcomeParamount Skydance and WBD entered a consent decree with 12 states on September 21, 2026, entered by the N.D. Cal. on September 30, resolving the Clayton Act suit and modifying the no-close order to permit the WBD merger to close, with film release, cable negotiation and $1.5 billion production commitments; U.S. District Judge Araceli Martinez-Olguin approved the decree, clearing the last legal obstacle to the $110 billion acquisition.
SEC8-K 0001104659-26-112347Webreuters.comWebcablefax.comWebmediaplaynews.comWebfinance.yahoo.comWebadn.com executive_appointmentParamount Skydance named Mattel Chairman and CEO Ynon Kreiz as Co-CEO of the combined Paramount-Warner Bros. Discovery company effective at closing, with Kreiz starting October 5, 2026 and joining the board alongside David Ellison.
analyst_ratingMorgan Stanley raised its price target on Paramount Skydance to $11.50 from $10 while keeping an Overweight rating, calling the settlement between Paramount and the 12 state attorneys general a clear positive outcome.
credit_rating_changeS&P Global Ratings downgraded Paramount Skydance to BB from BB+ on September 24, 2026, citing expected higher leverage after the Warner Bros. Discovery acquisition.
ceo_cfo_departureCindy Holland resigned as Paramount Skydance's head of streaming (Paramount+ and Pluto TV), with HBO chief Casey Bloys set to lead the combined company's streaming operations.