secwatch / observer

Paramount Skydance Corp — fact timeline

Source-grounded facts extracted from Paramount Skydance Corp's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

PSKY Paramount Skydance Corp JSON
Earnings Releases

Paramount Skydance Corp reported the first quarter ended March 31, 2026 results: revenue $7.3 billion. Guidance reaffirmed.

“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.”
Material Agreements

Paramount Skydance Corp entered into Pro Rata Credit Agreement with Citibank, N.A. as administrative agent and collateral agent, BofA Securities, Inc., Citibank, N.A., Apollo Global Funding, LLC, Deutsche Bank Securities Inc. and Wells Fargo Securities, LLC, as joint lead arrangers and joint bookrunners, Bank of America, N.A., as syndication agent, Apollo Global Fun valued at $5.00 billion five-year revolving commitments (effective 2026-04-07).

“On April 7, 2026, PSKY entered into a Credit Agreement (the “Pro Rata Credit Agreement”) among PSKY, Citibank, N.A. as administrative agent and collateral agent, BofA Securities, Inc., Citibank, N.A., Apollo Global Funding, LLC, Deutsche Bank Securities Inc. and Wells Fargo Securities, LLC, as joint lead arrangers and joint bookrunners, Bank of America, N.A., as syndication agent, Apollo Global Funding, LLC, Deutsche Bank AG New York Branch and Wells Fargo Bank, N.A., as documentation agents, and the lenders party thereto.”
Governance Changes

Paramount Skydance Corp: Certificate of Amendment filed to increase authorized Class B Common Stock from 5.5 billion to 7 billion shares and permit conditional dividend preference for Class B over Class A shares (effective 2026-04-07).

“On April 7, 2026, Paramount Skydance Corporation (“PSKY”) filed a Certificate of Amendment (the “Certificate of Amendment”) to PSKY’s Amended and Restated Certificate of Incorporation with the Secretary of State of the State of Delaware to (i) increase the number of authorized shares of PSKY Class B Common Stock from 5,500,000,000 to 7,000,000,000 shares and (ii) permit the PSKY Board of Directors (the “PSKY Board”) to declare and pay a dividend to the holders of PSKY Class B Common Stock without being required to declare and pay a corresponding dividend to the holders of PSKY Class A Common Stock, subject to the prior written consent or approval of the holders of all of the outstanding shares of PSKY Class A Common Stock.”
Material Agreements

Paramount Skydance Corp entered into Agreement and Plan of Merger with Warner Bros. Discovery, Inc. (effective 2026-02-27).

“On February 27, 2026, Warner Bros. Discovery, Inc., a Delaware corporation (“WBD”), Paramount Skydance Corporation, a Delaware corporation (“PSKY”), and Prince Sub Inc., a Delaware corporation and wholly owned subsidiary of PSKY (“Merger Sub”), entered into an Agreement and Plan of Merger (the “Merger Agreement”), pursuant to which and subject to the terms and conditions therein, at the effective time of the Merger (as defined below) (the “Effective Time”), Merger Sub will merge with and into WBD, with WBD surviving as a wholly owned subsidiary of PSKY (the “Merger”).”
Debt Financings

Paramount Skydance Corp incurred guarantee with U.S. Bank Trust Company, National Association.

“Paramount Skydance Corporation also entered into a guarantee agreement with U.S. Bank Trust Company, National Association, as successor to U.S. Bank National Association, as issuing and paying agent, providing for a full and unconditional parent guarantee by Paramount Skydance Corporation of Paramount’s obligations with respect to any commercial paper borrowings incurred pursuant to Paramount’s commercial paper program.”
Governance Changes

Paramount Skydance Corp: Adopted a code of conduct applicable to principal executive officer, principal financial officer, principal accounting officer or controller or persons performing similar functions (effective 2025-08-07).

“On the date of the Closing, Paramount Skydance Corporation adopted a code of conduct that applies to its principal executive officer, principal financial officer, principal accounting officer or controller or persons performing similar functions and that relates to elements of the code of ethics definition enumerated in Item 406(b) of Regulation S-K”
Governance Changes

Paramount Skydance Corp: Amended and restated bylaws in their entirety (effective 2025-08-07).

“On August 7, 2025, in connection with the Closing and pursuant to the Transaction Agreement, Paramount Skydance Corporation amended and restated its Certificate of Incorporation and its Bylaws in their entirety to reflect the changes contemplated by the Transaction Agreement, described in the Information Statement/Prospectus, including to change its name from “New Pluto Global, Inc.” to “Paramount Skydance Corporation”.”
Governance Changes

Paramount Skydance Corp: Amended and restated certificate of incorporation, including name change from New Pluto Global, Inc. to Paramount Skydance Corporation (effective 2025-08-07).

“On August 7, 2025, in connection with the Closing and pursuant to the Transaction Agreement, Paramount Skydance Corporation amended and restated its Certificate of Incorporation and its Bylaws in their entirety to reflect the changes contemplated by the Transaction Agreement, described in the Information Statement/Prospectus, including to change its name from “New Pluto Global, Inc.” to “Paramount Skydance Corporation”.”
M&A Transactions

Paramount Skydance Corp underwent a change of control involving Paramount Global, Skydance Media, LLC (closed 2025-08-07).

“completed the previously announced business combination contemplated by the Transaction Agreement, dated as of July 7, 2024”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.