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Skydance issues 470.7M warrants at $12.00 strike after WBD merger; 401(k) blackout runs to week of Oct 18
Skydance issued 470,746,773 warrants on Oct 13, 2026, one per Class B share held on the Oct 5 record date, each exercisable for one Class B share at $12.00.
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Skydance completes Warner Bros. Discovery merger; issues 470.7M warrants at $12, $12.5B notes
Completed acquisition of Warner Bros. Discovery on Oct 6, 2026 under merger agreement dated Feb 27, 2026; WBD survives as wholly owned Skydance subsidiary.
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Skydance adds Robert Kotick, Laurene Powell Jobs to board effective at WBD merger close
Kotick, 63, ex-Activision Blizzard CEO (1991-2023; chairman 1991-2008), appointed Oct 4, 2026; will sit on Nominating and Governance Committee.
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Skydance closes WBD merger at $31.00/share cash; issues $41.4B notes, ticker changes to SKYD
WBD shareholders received $31.00/share cash plus ticking consideration of $0.00277778/day after Sept 30, 2026; aggregate ticking payment $41,886,975.78.
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Paramount Skydance to move Class B listing to NYSE, change ticker to SKYD, and distribute warrants
Paramount Skydance will transfer its Class B common stock listing from Nasdaq to NYSE on or about October 6, 2026.
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Paramount Skydance names Mattel CEO Ynon Kreiz Co-CEO; WBD merger close set for Oct 6 at $31.02/share
Ynon Kreiz named Co-CEO and Board member effective Oct 5, 2026; David Ellison remains Chairman/CEO, keeping strategy, creative and technology; Kreiz oversees daily operations and integration.
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Court enters 12-state consent decree clearing Paramount-WBD merger; 5-year film release quotas imposed
Court entered 12-state consent decree Sept 30, 2026, ending the Clayton Act suit (No. 4:26-cv-07116-AMO) and lifting the no-close order so the WBD merger can close.
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Paramount Skydance launches $44.4B note offerings to fund $78B Warner Bros. Discovery acquisition
Paramount Skydance intends to offer approx. $44.4B of USD senior secured first lien and USD/euro senior secured second lien notes; proceeds fund the WBD purchase and repay existing debt.
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Paramount Skydance to move PSKY listing to NYSE and set warrant distribution record date of Oct 5, 2026
Board approved moving Class B common stock (PSKY) from Nasdaq to NYSE; Nasdaq trading expected to end Oct 5, 2026, NYSE trading to begin Oct 6, 2026.
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Paramount Skydance amends 8-K to correct WBD note exchange table
Amendment corrects principal amounts of WBD notes validly delivered in consent solicitations and eligible for exchange.
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Paramount Skydance Q2: Paramount+ adds 2M subs to 81.6M; raises FY adj. EBITDA outlook to $3.8-3.9B
Paramount+ added ~2M subscribers in Q2 to reach 81.6M worldwide; best retention quarter in service history.
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Paramount Skydance files pro forma for $77.8B WBD buy; $31/share cash, $46.7B equity financing
Total cash consideration for WBD shareholders: $77.8B ($31.00/share) plus ticking consideration up to $0.25/90 days.
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Paramount Skydance stockholders elect 10 directors, ratify PwC as auditor
Holders of 31,500,087 Class A shares (100% voting power) acted by written consent on July 20, 2026.
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European Commission and South Korea approve PSKY-WBD merger; other conditions remain
European Commission approved merger under EU Merger Regulation on July 22, 2026 after Phase 1 review.
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PSKY receives unconditional merger approvals from Kuwait, Austria, and Australia for WBD deal
Kuwait's Competition Protection Agency unconditionally approved the merger on June 28, 2026.
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Paramount Skydance sets July 21, 2026 annual meeting; controlling stockholder to vote by consent
Annual meeting to be held July 21, 2026 via webcast; no proxy solicitation.
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Paramount Skydance gets Canadian clearance and South African approval for WBD merger
Canadian Competition Act waiting period expired June 20, 2026, removing statutory impediment in Canada.
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Paramount Skydance gets Chinese antitrust clearance; DOJ closes WBD merger probe
Unconditional clearance from Chinese antitrust authority (SAMR) on June 17, 2026.
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Australian ACCC clears PSKY-WBD merger; waiting period expires June 23
ACCC concluded merger unlikely to substantially lessen competition; waiting period ends June 23.
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Paramount Skydance launches $2.4B cash tender & $12.8B exchange offers for WBD notes
Commenced Tender Offers for up to $2.4B of WBD notes for cash and Exchange Offers for up to $12.8B of WBD notes for new PSKY notes.
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Paramount Skydance recasts historical segment data to reflect new reporting structure
New three-segment structure: Studios, Direct-to-Consumer, TV Media (effective 2026).
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Paramount Skydance Q1 revenue $7.3B, beat forecast; DTC profit improves; WBD deal on track for Q3 close
Q1 revenue $7.3B (+2% YoY); net income $168M, diluted EPS $0.15; adjusted EBITDA $1.161B, exceeding expectations.
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Paramount Skydance closes $10B credit facility for WBD merger; President Jeffrey Shell departs
Entered $10B senior secured credit facility: $2.5B 3yr term A-1, $2.5B 5yr term A-2, $5B revolving credit.
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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.
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Paramount Skydance advances WBD acquisition; equity syndication with sovereign funds, warrant dividend to shareholders
Acquiring Warner Bros. Discovery for $31/share in cash, with Ellison Guarantee covering up to $45.72B equity funding.
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Paramount Skydance agrees to buy Warner Bros. Discovery for $31.00 per share cash, backed by Ellison and RedBird.
Merger consideration of $31.00 per WBD share in cash, plus ticking consideration after Sep 30, 2026.
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Paramount Skydance Q4 net loss $573M; 2026 revenue guidance $30B, 4% growth
Q4 total revenue $8.15B (+2% YoY); operating loss $339M; net loss $573M ($0.52 diluted EPS loss).
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Paramount clears US HSR waiting period for all-cash bid to acquire Warner Bros. Discovery
10-day HSR waiting period expired Feb 19; no US statutory impediment to closing.
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Paramount Skydance enhances all-cash offer for Warner Bros. Discovery to $30/share with ticking fee and other provisions
Offer price $30/share all-cash plus $0.25/share quarterly ticking fee from Jan 1, 2027 if not closed.
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Paramount Skydance extends WBD tender offer to Feb 20, files proxy to oppose Netflix merger
Paramount extended its $30/share all-cash tender offer for Warner Bros. Discovery to February 20, 2026.
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Paramount Skydance appoints Dennis Cinelli as CFO, adds Andrew Campion to board
Cinelli named CFO effective Jan 15, 2026; base salary $2.625M and target bonus $1.125M.
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Paramount sweetens $30/sh WBD bid with Ellison personal guarantee, extends tender to Jan 21
Larry Ellison provides irrevocable personal guarantee of $40.4B equity financing and damages claims.
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Paramount launches all-cash tender offer for Warner Bros. Discovery at $30/share, 139% premium
Offer of $30.00 per share all-cash for all WBD shares, representing ~$108.4B enterprise value.
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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.
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Paramount Skydance provides Skydance Media historical financials post-merger close: 2024 revenue $1.14B, net loss $36.5M
Skydance Media 2024 revenue $1.14B, net loss attributable $36.5M; 2023 revenue $991.7M, net loss $53.8M.
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Paramount Skydance appoints Dennis Cinelli to Board and Audit Committee
Dennis Cinelli appointed to Board of Directors effective September 12, 2025; also joins Audit Committee.
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Paramount Skydance closes merger with Skydance, $6B PIPE; PSKY lists on Nasdaq
On Aug 7, 2025, merger closed; Paramount shareholders received $23/sh or 1.5333 PSKY shares (Class A) or $15/sh cash or stock (Class B).