secwatch.observer — SEC 8-K summary
======================================

Issuer:     Paramount Skydance Corp (PSKY)
CIK:        0002041610
Form:       8-K
Filed at:   2025-11-10T23:59:59+00:00
Accession:  0002041610-25-000042
Event type: earnings
Sentiment:  neutral
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2041610/000204161025000042/0002041610-25-000042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2041610/000204161025000042/psky-20251110.htm
  HTML page:      https://secwatch.observer/filing/0002041610-25-000042

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer