Core Viewpoint - Paramount Skydance (PSKY.US) stock rose over 12% to $17.1 following the announcement of a $1.5 billion investment in content production and distribution over the next year [1] Financial Performance - This is the first earnings report since the merger of Paramount Global and Skydance Media in August [1] - The company projects total revenue to reach $30 billion by 2026, driven by strong expansion in direct-to-consumer business and improved global profitability [1] - The annual film production is expected to increase to at least 15 films starting in 2026 [1] Strategic Goals - The interim CFO Andrew Warren stated the goal is to achieve an investment-grade rating, focusing on deleveraging and high cash flow conversion rates after the initial investment cycle [1] - The company raised its cost-saving target from $2 billion to at least $3 billion [1] Business Restructuring - To align with the restructuring plan, Paramount-Skydance will redefine its business segments starting from the first quarter earnings report, categorizing into direct-to-consumer, television media, and production studio [1] Acquisition Attempts - Market reports indicate that the company explored acquiring Warner Bros. Discovery (WBD.US) with an offer of $23 to $24 per share, which has been rejected [1]
美股异动 | 拟投资15亿美元扩大内容版图 Paramount Skydance(PSKY.US)涨超12%
智通财经网·2025-11-11 15:38