{"schema_version":"secwatch.filing_event.v1","accession":"0002041610-26-000022","form_type":"8-K","ticker":"PSKY","cik":"0002041610","company_name":"Paramount Skydance Corp","filed_at":"2026-05-04T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.439143+00:00","generated_at":"2026-05-15T00:06:35.053290+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Paramount Skydance Q1 revenue $7.3B, beat forecast; DTC profit improves; WBD deal on track for Q3 close","bullets":["Q1 revenue $7.3B (+2% YoY); net income $168M, diluted EPS $0.15; adjusted EBITDA $1.161B, exceeding expectations.","DTC revenue $2.4B (+11% YoY); Paramount+ added 0.7M subs; DTC adj. EBITDA margin 10% ($251M).","TV Media adj. EBITDA $1.1B (+11% YoY, 29% margin); CBS has 13 of top 20 primetime series.","WBD acquisition progressing: $10B debt financing secured, $49B bridge syndicated; shareholder vote April 23; close expected Q3 2026.","Full-year outlook reaffirmed: $30B revenue, $3.8B adj. EBITDA; Q2 guidance $6.75B-$6.95B revenue."],"urls":{"canonical":"https://secwatch.observer/filing/0002041610-26-000022","json":"https://secwatch.observer/filing/0002041610-26-000022.json","markdown":"https://secwatch.observer/filing/0002041610-26-000022.md","text":"https://secwatch.observer/filing/0002041610-26-000022.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2041610/000204161026000022/0002041610-26-000022-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2041610/000204161026000022/psky-20260504.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T00:06:35.053290+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"45d49da197143303e912a2988c285e29f34341ef","claim":"Paramount Skydance Corp reported the first quarter ended March 31, 2026 results: revenue $7.3 billion. Guidance reaffirmed.","evidence_excerpt":"by reference into any filings under the Securities Act of 1933, as amended, or the Exchange Act. --- EX-99 (EX-99) --- May 4, 2026 Summary Points : • Q1 revenue of $7.3 billion grew 2% year-over-year, with profitability exceeding our estimates for the quarter; we are reaffirming our full-year outlook of $30 billion in revenue and $3.8 billion in adj.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/2041610/000204161026000022/0002041610-26-000022-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2026"},{"label":"Revenue","value":"$7.3 billion"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}