Here are the 10-K annual reports from Paramount Skydance Corporation (PSKY) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow PSKY and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PSKY filings page.
Paramount Skydance Corporation filed an amended annual report to add detailed Part III information on its board, executive team, governance policies and 2025 executive compensation.
The company now has a ten‑member board with three key committees, and identifies multiple directors as audit committee financial experts. Named executive officers received large sign‑on restricted stock unit grants that vest quarterly over five years, plus performance‑based annual cash bonuses funded at 94% of target using metrics like Adjusted OIBDA, Free Cash Flow and direct‑to‑consumer results. 2025 total compensation was heavily equity‑driven for senior leaders, and the disclosed CEO‑to‑median‑employee pay ratio was 1,109 to 1. The filing also outlines significant additional RSU and cash awards approved in 2026 for top executives, tied to the pending merger with Warner Bros. Discovery, Inc., as well as clawback, anti‑hedging, insider trading and severance frameworks.
Paramount Skydance Corporation files its annual report as a newly combined global media and entertainment company owning brands such as Paramount Pictures, CBS, Nickelodeon, MTV, BET, Paramount+ and Pluto TV. It now operates through TV Media, Direct-to-Consumer and studio-focused segments.
The company is pursuing a major cash tender offer for all outstanding Warner Bros. Discovery Series A shares, initially at $30.00 per share and later revised to $31.00 per share, with a ticking fee of $0.25 per share per quarter after September 30, 2026, and prepayment of a $2.8 billion termination fee owed by Warner Bros. to Netflix. It has secured commitments for up to $57.5 billion of debt financing and $46.6 billion of equity commitments.
The report details the August 2025 Skydance transactions that made Paramount Global and Skydance wholly owned subsidiaries and left Harbor Lights, controlled by the Ellison family, holding 100% of Class A voting stock. Class B shares (ticker PSKY) are non‑voting.
Key risks include intense streaming and advertising competition, shifts away from linear TV, regulatory and data‑privacy obligations, cybersecurity threats, large potential content impairments, complex global tax and legal exposure, and execution risks integrating Paramount Global and Skydance while pursuing the Warner Bros. offer.