$PSKY

Paramount Skydance (PSKY) shares rose as a judge allowed amicus briefs on its merger with Warner Bros. Discovery (WBD), with filings due by Sept. 25, 2026. The Block the Merger coalition opposes the deal, while Paramount argues the briefs do not change the analysis. California agreed to a settlement to avoid a prolonged court case and protect local jobs. Analysts have a Hold consensus on PSKY, with a $11.06 average price target, implying 9.37% upside.

S&P downgraded Paramount Skydance Corp.'s issuer credit rating to 'BB' from 'BB+', citing higher leverage from its Warner Bros. Discovery acquisition. The firm expects leverage to start at 7.6x, improve to 5.1x by 2028, and projects minimal free operating cash flow in 2026, increasing to over $4 billion in 2027. The stable outlook is based on the Ellison family's commitment to reduce leverage below 3.75x by 2028 and to 3.0x by 2029.

Paramount Skydance (PSKY) seeks a $7.5B loan to fund its $44.4B acquisition of Warner Bros. Discovery (WBD), using proceeds to repay debt. The deal requires regulatory approval and is subject to market conditions. PSKY operates in studios, direct-to-consumer, and TV media.

Paramount Skydance agreed to invest $1.5B in U.S. production over five years, releasing 30+ films annually. Failure to meet targets may require divesting Miramax. The company also committed to maintaining two studio lots for five years.

Paramount Skydance (PSKY) settled an antitrust case with 12 states, clearing a major hurdle for its $110B takeover of Warner Bros. Discovery (WBD). The deal requires Paramount to release a set number of films annually and invest in US production. The settlement avoids a $7M daily fee for WBD shareholders, with court approval pending.

US stock futures were steady ahead of President Trump's UN address and a Fed official's comments on interest rates. Alibaba (BABA) launched a new AI chip, the Zhenwu V900, claiming it's China's most powerful. The S&P 500 rose 1.4% on Monday, led by AI-related stocks like Meta (META), AMD (AMD), and Intel (INTC). Oil prices and Treasury yields were also in focus amid Middle East tensions.

Paramount Skydance (PSKY) is reportedly considering Elon Musk as a potential equity investor as it finalizes its $81 billion acquisition of Warner Bros Discovery (WBD). PSKY shares fluctuated, ending up about 1%. The deal, valued at $31 per share, has faced legal challenges but is nearing completion. PSKY is down 24% year-to-date.

Paramount Skydance (PSKY) is considering Elon Musk as part of an equity investor group for its $110B Warner Bros. Discovery (WBD) acquisition. The size of Musk's potential investment is not disclosed.

UBS kept its 'sell' rating on Paramount Skydance (PSKY) despite the clearance of its Warner Bros Discovery acquisition. The deal is expected to close by September 30, avoiding $650M quarterly fees. UBS noted behavioral settlement terms, film release targets, and risks like high leverage and TV exposure. It set a price target based on 6x standalone OIBDA, with pro forma EBITDA multiples of 8x and 6x for 2027 and 2028.

Paramount and Skydance plan a $49 billion debt sale for their WBD takeover, including $7.5 billion in loans and $12 billion in second-lien bonds. The deal has no interest-rate caps, which could increase borrowing costs if benchmark rates rise. This large offering may impact yields for other US media companies with similar credit ratings.