secwatch.observer — SEC 8-K summary
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Issuer:     Paramount Skydance Corp (PSKY)
CIK:        0002041610
Form:       8-K
Filed at:   2026-08-04T20:03:41+00:00
Accession:  0002041610-26-000052
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Paramount Skydance Q2: Paramount+ adds 2M subs to 81.6M; raises FY adj. EBITDA outlook to $3.8-3.9B
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- Paramount+ added ~2M subscribers in Q2 to reach 81.6M worldwide; best retention quarter in service history.
- Raising FY 2026 adj. EBITDA outlook to $3.8-3.9B (12.8% margin); expects FCF conversion of at least 10%.
- TV Media profitability up 14% YoY in H1 despite 7% revenue decline; Studios segment returned to profitability.
- Upfront commitments grew double-digit YoY, strongest since CBS-Viacom merger; content licensing revenue double-digit growth.
- Run-rate efficiency target raised to $2.7B by end of 2026; investing $1.5B+ in new content in 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2041610/000204161026000052/0002041610-26-000052-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2041610/000204161026000052/psky-20260804.htm
  HTML page:      https://secwatch.observer/filing/0002041610-26-000052

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