BUSINESSQUARTZ
Paramount Skydance is raising its profit outlook as streaming gains offset cable TV slide
Paramount Skydance raised its adjusted EBITDA guidance to $3.8 billion–$3.9 billion, citing savings from the Skydance merger and streaming gains that offset a decline in cable TV revenue.
Related Signal
Adjacent reporting
- Paramount Skydance raises full-year profit guidance, remains 'confident' about WBD merger
- What's next after Warner Bros. shareholder approval of Paramount Skydance acquisition
- The Paramount leaders who gained power during an ad product and tech reshuffling
- DOJ paves way for Paramount Skydance to buy Warner Bros. Discovery
- Paramount Skydance may have won the battle — but war against Netflix is raging
- Warner Bros. Discovery shareholders approve Paramount Skydance deal