Group 1 - 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] - The report marks the first earnings report since the merger of Paramount Global and Skydance Media in August, with projected total revenue reaching $30 billion by 2026, driven by strong growth in direct-to-consumer business and global profitability [1] - The company plans to increase annual film production to at least 15 films starting in 2026 [1] Group 2 - Interim CFO Andrew Warren stated the goal is to achieve an investment-grade rating while continuing to deleverage and aiming for 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 as part of its restructuring plan [1] - Paramount-DreamWorks will redefine its business segments starting from the first quarter earnings report to include direct-to-consumer, television media, and production studio for clearer performance reflection [1] Group 3 - The company previously explored acquiring Warner Bros. Discovery (WBD.US) with an offer of $23 to $24 per share, which has been rejected [2]