---
schema_version: "secwatch.filing_event.v1"
accession: "0002041610-25-000042"
form_type: "8-K"
ticker: "PSKY"
cik: "0002041610"
company_name: "Paramount Skydance Corp"
filed_at: "2025-11-10T23:59:59+00:00"
generated_at: "2026-05-16T22:42:53.634482+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Paramount Skydance posts Q3 net loss of $257M; 2026 revenue target $30B, efficiency goal raised to $3B

## Summary
- Q3 combined revenue $6.7B (flat YoY); adjusted OIBDA $952M (+11%); net loss of $257M vs $1M profit.
- 2026 guidance: revenue $30B, adj. OIBDA $3.5B; DTC profitable in 2025 with growth in 2026.
- Efficiency target raised to at least $3B run-rate; $1.4B in savings executed by end-2025.
- Workforce reduction of ~1,000; ~1,600 from divestitures (Telefe, Chilevision); ~600 voluntary severance.
- Paramount+ US price hike Q1 2026; 2025 film slate underperformed; theatrical output to 15+ films/year.

## SEC filing metadata
- accession: 0002041610-25-000042
- form_type: 8-K
- ticker: PSKY
- cik: 0002041610
- company_name: Paramount Skydance Corp
- filed_at: 2025-11-10T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2041610/000204161025000042/0002041610-25-000042-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2041610/000204161025000042/psky-20251110.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0002041610-25-000042
- JSON: https://secwatch.observer/filing/0002041610-25-000042.json
- Plain text: https://secwatch.observer/filing/0002041610-25-000042.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.