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

Issuer:     Paramount Skydance Corp (PSKY)
CIK:        0002041610
Form:       8-K
Filed at:   2026-04-08T23:59:59+00:00
Accession:  0002041610-26-000016
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Paramount Skydance restructures into three new segments; switches to Adjusted EBITDA
--------------------------------------------------------------------------------

- New segments: Studios, Direct-to-Consumer, and TV Media, combining film/TV studios and moving Paramount+ with Showtime to DTC.
- Primary segment profit measure changed from Adjusted OIBDA to Adjusted EBITDA, also excluding stock-based compensation.
- Certain centralized costs previously allocated at segment level now reported within corporate expenses.
- Supplemental unaudited 2025 financial data recast under new segments provided for investor review.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2041610/000204161026000016/0002041610-26-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2041610/000204161026000016/psky-20260408.htm
  HTML page:      https://secwatch.observer/filing/0002041610-26-000016

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