Paramount Skydance Corp

Skydance Corporation announced the completion of its acquisition of Warner Bros. Discovery, Inc. (WBD) on October 6, 2026. Following the merger, Skydance distributed warrants to purchase its Class B Common Stock to eligible shareholders. The company also finalized exchange offers for WBD's senior notes, issuing significant amounts of new notes in exchange. Trading for the new warrants is set to commence on the NYSE.

Paramount Skydance Corp reported Q2 2026 net earnings attributable to Parent of $41 million, a decrease from $57 million in the prior year, despite a slight increase in revenues to $6,913 million. The company provided an update on the Warner Bros. Discovery (WBD) merger, noting a delay in closing until June 1, 2027, or earlier, due to a lawsuit. Paramount has already paid a $2.8 billion termination fee to Netflix related to WBD and has secured $46.7 billion in equity commitments and $54 billion in debt financing for the merger. The NAI and Skydance Transactions, completed in August 2025, established a new accounting basis for the company.

Paramount Skydance Corporation filed an Amendment No. 1 on Form 8-K/A to correct certain information in Exhibit 99.3 of its original Current Report on Form 8-K filed on July 31, 2026. The amendment specifically updates a table on page 5 of Exhibit 99.3, which details the exchange of existing WBD Notes for Second Lien Secured Exchange Notes. This amendment does not modify or update any other part of the original report or its exhibits.

Paramount Skydance Corporation reported strong Q2 2026 financial results, with total revenue reaching $6.91 billion and adjusted EBITDA increasing 27% year-over-year to $1.1 billion. The company raised its full-year 2026 adjusted EBITDA outlook to $3.8-$3.9 billion and expects at least 10% free cash flow conversion. Paramount+ added approximately 2 million subscribers, reaching 81.6 million worldwide, and saw 16% revenue growth. The company continues to prepare for its proposed combination with Warner Bros. Discovery, having secured regulatory clearances in 65 jurisdictions.

Paramount Skydance Corporation (PSKY) announced significant progress in its merger with Warner Bros. Discovery, Inc. (WBD), securing key regulatory approvals. The European Commission granted approval under both the EU Merger Regulation and the EU Foreign Subsidies Regulation, while South Korea's Fair Trade Commission also gave its unconditional approval. The merger still requires regulatory clearances from other jurisdictions.

Paramount Skydance Corporation announced its 2026 Annual Meeting of Stockholders will be held virtually on July 21, 2026, at 8:30 a.m. PT / 11:30 a.m. ET. The meeting will allow stockholders to discuss company affairs and present the results of two proposals: the election of ten director nominees and the ratification of PricewaterhouseCoopers LLP as the independent registered public accounting firm for fiscal year 2026. These matters are expected to be approved by written consent from Harbor Lights Entertainment, Inc., which holds 100% of the company's Class A Common Stock.

Paramount Skydance Corporation (PSKY) announced significant progress in its merger with Warner Bros. Discovery, Inc. (WBD). The statutory waiting period under the Competition Act (Canada) expired on June 20, 2026, removing a key regulatory hurdle. Additionally, the Competition Commission of South Africa approved the merger on June 19, 2026. The completion of the merger is still contingent on obtaining regulatory clearances in other relevant jurisdictions.

Paramount Skydance announced significant progress in its merger with Warner Bros. Discovery, securing key regulatory approvals. The company received unconditional clearance from the Chinese antitrust authority on June 17, 2026. Additionally, the US Department of Justice closed its investigation on June 12, 2026, concluding the transaction is unlikely to harm competition or consumers. Unconditional approval was also granted by the Spanish foreign direct investment authority on June 11, 2026.

Paramount Skydance Corporation announced significant progress in its merger with Warner Bros. Discovery, Inc., securing multiple regulatory approvals. The Australian Competition and Consumer Commission (ACCC) cleared the merger, subject to a 14-day waiting period expiring on June 23, 2026. Additionally, the New Zealand Commerce Commission will not consider the merger further, and approvals were obtained from competition and foreign direct investment authorities in several other countries.

Paramount Skydance Corporation announced the commencement of tender offers for cash and exchange offers for newly issued PSKY notes, targeting up to $2.4 billion and $12.8 billion, respectively, of debt securities issued by Discovery Global Holdings, Inc. and Discovery Communications, LLC (WBD Issuers). These offers are being conducted in connection with Paramount's proposed acquisition of Warner Bros. Discovery, Inc. and are contingent upon the acquisition's consummation and receipt of requisite consents for related indenture amendments. Concurrently, WBD Issuers have begun consent solicitations to amend the indentures governing their notes.