Recent 8-K filings for PSKY
Highest-materiality recent filing
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.
- Ellison Trust and RedBird commit up to $46.97B in equity financing via subscription agreements.
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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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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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Acquiring Warner Bros. Discovery for $31/share in cash, with Ellison Guarantee covering up to $45.72B equity funding.
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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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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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Q3 combined revenue $6.7B (flat YoY); adjusted OIBDA $952M (+11%); net loss of $257M vs $1M profit.
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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 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).
Earnings & guidance
Materiality & sentiment trend
Max materiality 1.00 · Median 0.80 · Most common event m_and_a