Welcome to our dedicated page for Paramount Skydance news (Ticker: PSKY), a resource for investors and traders seeking the latest updates and insights on Paramount Skydance stock.
Paramount Skydance Corporation (NASDAQ: PSKY), often described as Paramount, a Skydance Corporation, generates a steady flow of news across filmed entertainment, streaming, TV media, and corporate activity. Company communications highlight a portfolio that includes Paramount Pictures, Paramount Television, CBS, CBS News, CBS Sports, Nickelodeon, MTV, BET, Comedy Central, Showtime, Paramount+, Pluto TV, and Skydance’s Animation, Film, Television, Interactive/Games, and Sports divisions.
News related to PSKY frequently covers corporate governance and leadership changes, such as the appointment of Dennis K. Cinelli as Chief Financial Officer and his earlier designation as a director and Audit Committee member, as well as the addition of Andrew Campion as an independent director. These updates provide insight into how the company structures its financial oversight and board expertise.
Another major stream of coverage focuses on strategic transactions and capital markets activity. Paramount has issued multiple releases detailing its fully financed all‑cash tender offer to acquire Warner Bros. Discovery, Inc. at $30 per share, along with subsequent amendments and public letters to WBD shareholders. Related communications from Warner Bros. Discovery discuss the board’s evaluation of Paramount’s offer versus a separate merger agreement with Netflix, giving investors a detailed view of the ongoing transaction process.
On the content side, PSKY‑related news includes announcements from Paramount+ and Pluto TV. For example, Paramount+ in Canada has announced CANADA SHORE as its first Canadian original series and a new entry in the global Shore franchise, with distribution on Paramount+ and sampling on Pluto TV’s MTV Jersey Shore Channel. These stories illustrate how the company’s streaming platforms use existing brands and formats to launch new regional programming.
Investors, analysts, and media observers can use this news feed to follow developments in leadership, governance, large‑scale transaction proposals, and new content initiatives tied to Paramount Skydance’s broad portfolio of entertainment brands.
Paramount+ (PSKY) will premiere CANADA SHORE, its first Canadian original series, globally on January 22, 2026. The streamer released the official key art, promo trailer (featuring the theme song "Big Boom" by Rêve) and individual cast bio packs for all 10 cast members filmed in Kelowna, British Columbia. The series will also be sampled for free on Pluto TV beginning January 22 and is produced by Insight Productions with Erin Brock as showrunner.
Paramount (NASDAQ:PSKY) reaffirmed its $30.00 per share all-cash, fully financed offer to acquire Warner Bros. Discovery (NASDAQ:WBD) on Jan 8, 2026, and said WBD declined to engage. Paramount states its offer is superior to WBD's agreement with Netflix, which Paramount values at $27.42 per share today after adjusting for Netflix share price and an assumed zero equity value for the spun Discovery Global. Paramount assumes Discovery Global trades at a 3.8x EBITDA multiple and derives an illustrative Discovery Global equity value of $0.00 per WBD share (with up to ~$0.50 illustrative M&A option value). Paramount also says committed debt financing of $54.0 billion remains in force from Bank of America, Citibank and Apollo.
Warner Bros. Discovery (NASDAQ: WBD) announced its Board unanimously recommends shareholders reject Paramount Skydance's (PSKY) amended tender offer and continue supporting the merger with Netflix (NASDAQ: NFLX).
The Board says the Netflix deal offers $23.25 cash plus $4.50 in target Netflix stock value, greater certainty and no comparable transaction costs. By contrast, PSKY's offer would trigger about $4.7B of costs to WBD (including a $2.8B termination fee, a $1.5B fee and ~$350M interest), relies on >$50B incremental debt, would create ~7x pro forma leverage and could take 12–18 months to close.
Warner Bros. Discovery (NASDAQ: WBD) confirmed receipt on December 22, 2025 of an amended unsolicited tender offer from Paramount Skydance (NASDAQ: PSKY) to acquire all outstanding WBD common stock (the "Amended Tender Offer").
The WBD Board, with independent financial and legal advisors, will review the Amended Tender Offer consistent with its fiduciary duties and the Netflix Merger Agreement. The Board previously unanimously rejected a prior tender offer received on December 8, 2025 as providing inadequate value and not meeting the Netflix agreement's "Superior Proposal" criteria, and the Board is not modifying its recommendation regarding the Netflix Merger Agreement.
WBD advised stockholders not to take any action at this time. Allen & Company, J.P. Morgan and Evercore serve as financial advisors; Wachtell Lipton, Rosen & Katz and Debevoise & Plimpton serve as legal counsel.
Paramount (NASDAQ:PSKY) amended its $30 per share all-cash offer for Warner Bros. Discovery (NASDAQ:WBD) on Dec 22, 2025, adding execution assurances to address WBD's stated concerns.
Key changes: an irrevocable personal guarantee of $40.4 billion from Larry Ellison, a commitment not to revoke the Ellison family trust (which Paramount reports holds ~1.16 billion Oracle shares), an increase in the regulatory reverse termination fee to $5.8 billion, expanded interim-operational flexibility, a condition that WBD retain 100% of its Global Networks, and a tender deadline extension to Jan 21, 2026.
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Warner Bros. Discovery (NASDAQ: WBD) board unanimously recommends shareholders reject Paramount Skydance's (PSKY) tender offer and continue to support the merger with Netflix. The board cites superior certainty and value from the Netflix deal: $23.25 cash plus $4.50 in Netflix stock (collar $97.91–$119.67), binding financing, and Discovery Global separation upside. WBD alleges PSKY's $40.65 billion equity commitment lacks an Ellison-family backstop and relies on a revocable trust with capped damages (7%, ~$2.8bn on a $108.4bn transaction). The board flags PSKY's 6.8x 2026E leverage, PSKY financing risks, and roughly $4.3bn of potential costs to WBD shareholders if PSKY succeeds ($2.8bn termination fee plus ~$1.5bn financing costs, ~ $1.66/share).
1888 Studios (PSKY) broke ground on a 58-acre film and television production campus in Bayonne, New Jersey, described as the state’s largest purpose-built studio and among the nation’s largest.
Key features include 23 state-of-the-art sound stages, a 22-acre water backlot, and more than 1 million square feet of production space. Paramount signed a minimum 10-year lease for over 285,000 square feet. The project is expected to generate thousands of jobs and support local economic growth.
Paramount (NASDAQ:PSKY) on Dec 10, 2025 sent a letter to Warner Bros. Discovery (NASDAQ:WBD) shareholders launching a $30.00 per share all-cash tender offer to buy all WBD shares.
Paramount says its offer is superior to the announced Netflix transaction, citing a $41 billion equity backstop, $54 billion debt commitments, a $5 billion regulatory reverse termination fee, a $6 billion synergy estimate, and faster regulatory timing. Paramount urges shareholders to tender by the scheduled Jan 8, 2026 expiration and notes the tender will remain open at least 20 business days.
Paramount Skydance Corporation (NASDAQ: PSKY) announced a quarterly cash dividend of $0.05 per share. The dividend is payable on Jan. 2, 2026 to Class A and Class B shareholders of record as of Dec. 18, 2025.