Skydance confronts content targets and debt pressure amid Paramount and Warner integration
Skydance said it aims to spend $30 billion on new content each year while reducing its $80 billion debt, and analysts warned that cost cuts and streaming growth must offset declining linear-TV revenue, Variety reported. Earlier, the company announced a combined HBO Max-Paramount+ subscription for early 2027, Deadline reported. In its third-quarter results, Skydance outlined a multi-year strategy to trim at least $6 billion in expenses, citing reductions in back-office functions, marketing, streaming integration and third-party spend, CNBC noted.
The Hollywood Reporter added that Skydance posted $7 billion in Q3 revenue and projected savings of more than $6 billion as it integrates the Warner Bros. Discovery acquisition. Cartoon Brew said the firm plans to achieve the $6 billion annual savings within three years by deploying artificial-intelligence tools across corporate functions and film production while managing an $87 billion debt load.