Core Insights - Paramount Skydance plans to invest $1.5 billion in programming for the upcoming year, while forecasting fourth-quarter revenue to exceed Wall Street estimates [1] - The company reported a third-quarter revenue of $6.7 billion, which fell short of analysts' expectations of $6.97 billion [2][3] - For the fourth quarter, Paramount Skydance anticipates revenue between $8.1 billion and $8.3 billion, surpassing the estimated $8 billion [3] - The company will reduce its workforce by approximately 1,600 jobs as part of a strategic review, in addition to the 1,000 layoffs announced in late October [1]