Paramount Skydance issues weak forecast as it…
Paramount Skydance forecast first-quarter income below Wall Street estimates on Wednesday, citing an ongoing decline in legacy TV, but predicted strong growth in its streaming unit this yr on extra subscribers and price will increase.
The David Ellison‑led company called its bid for Warner Bros Discovery an “accelerant” to its objectives, but wouldn’t remark additional on the deal talks.
Warner Bros.’ board is evaluating whether or not Paramount’s revised $31-per-share bid for your complete company constitutes a superior offer to Netflix’s $27.75 a share proposal…
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