Paramount CEO David Ellison confident about…
Paramount Skydance reported combined second-quarter outcomes on Tuesday, with greater streaming and studio income offsetting declines in tv, as the company works to close its deliberate $110 billion acquisition of Warner Bros. Discovery.
The leisure giant’s income rose 1% to $6.91 billion, exceeding estimates of $6.88 billion, according to data compiled by LSEG.
Second-quarter revenue got here in at $41 million, or 4 cents a share, in contrast with analyst estimates of $109 million or 9 cents a share.
David Ellison, chairman and chief government officer of Paramount…
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