Paramount Skydance Corp (0002041610)
Paramount Skydance Corporation operates as a media and entertainment company worldwide. It operates in three segments: Studios, Direct-to-Consumer, and TV Media. The company operates CBS Television Network, a domestic broadcast television network; CBS Stations, a television station; international free-to-air networks comprising Network 10, Channel 5, Telefe, and Chilevisión; and domestic premium and basic cable networks, such as Nickelodeon, MTV, CMT, Comedy Central, BET, Paramount+ with SHOWTIME, Paramount Network, The Smithsonian Channel, BET Media Group, CBS Sports Network, and international extensions of these brands. It also provides domestic and international television studio operations, including CBS Studios, Paramount Television Studios, and Showtime; CBS Media Ventures, which produces and distributes first-run syndicated programming; and digital properties consist of CBS News and CBS Sports HQ. In addition, the company offers a portfolio of domestic and international pay and free streaming services, including Paramount+, Pluto TV, and BET+. Further, it produces and acquires films, series, and short-form content for release and licensing worldwide, including in theaters, on streaming services, on television, through home entertainment, and DVDs, Blu-ray; and operates a portfolio consisting of Paramount Pictures, Paramount Players, Paramount Animation, Nickelodeon Studio, and Miramax. It provides production, distribution, and advertising solutions. The company was founded in 1914 and is headquartered in New York, New York.
Open Paramount Skydance Corp in the interactive graph- Ticker
- –
- SEC CIK
- 0002041610
- Sector
- Communication Services
- Industry
- Media
- Periods
- FY2025 Q1, FY2026, FY2026 Q1, FY2026 Q2
- Headquarters
- New York, NY
- Employees
- 17,600
Key figures
- Revenue 7.35B USD
- NetIncome 168.00M USD
Reported figures
- CapitalExpenditure 57.00M USD
- CapitalExpenditure 89.00M USD
- EBITDA -4.00M USD
- EBITDA 1.16B USD
- EBITDA 164.00M USD
- EBITDA 251.00M USD
- EBITDA 732.00M USD
- EBITDA 82.00M USD
- EBITDA 951.00M USD
- EBITDAMargin 10 percent
- EBITDAMargin 10.2 percent
- EBITDAMargin 13 percent
- EBITDAMargin 15.8 percent
- EBITDAMargin 24 percent
- EBITDAMargin 29 percent
- FreeCashFlow 123.00M USD
- FreeCashFlow 96.00M USD
- NetIncome 152.00M USD
- NetIncome 168.00M USD
- OperatingCashFlow 180.00M USD
- OperatingCashFlow 185.00M USD
- OperatingMargin 7.6 percent
- OtherMetric 77.80M count
- OtherMetric 79.60M count
- Revenue 1.16B USD
- Revenue 1.28B USD
- Revenue 1.69B USD
- Revenue 1.97B USD
- Revenue 2.15B USD
- Revenue 2.40B USD
- Revenue 3.67B USD
- Revenue 3.88B USD
- Revenue 7.19B USD
- Revenue 7.35B USD
- TotalDebt 15.50B USD
Guidance
- EBITDA guidance 3.80B USD
- EBITDA guidance 900.00M–1.00B USD
- Revenue guidance 30.00B USD
- Revenue guidance 6.75B–6.95B USD
Drivers
- Advertising revenue trends included a two percentage point impact from international exits
- Affiliate trends were consistent with continued pay TV subscriber erosion
- Both advertising and affiliate revenue declined 6% year-over-year in TV Media
- Content expense benefit from reductions in content assets resulting from the change in acc
- DTC revenue growth led by 17% growth at Paramount+, which added 0.7 million subscribers
- Disciplined expense management more than offset revenue declines in TV Media
- Licensing deals in the quarter drove Studios profitability
- Paramount+ revenue growth reflected 14% ARPU growth and 2% subscriber growth
- Price increases implemented across Essential and Premium tiers in the U.S., Canada, Austra
- Strong theatrical performance from Scream 7 and the consolidation of Skydance licensing re
- Underlying subscriber base grew by nearly 2 million, partially offset by the exit of over
Risks
- Continued headwinds to affiliate revenue due to pay TV subscriber declines
- Decelerating ad revenue including lapping the NCAA Final Four and Championship games in Q2
- Difficult comparison to theatrical revenue in Q2'25 with the release of Mission: Impossibl
- Significantly lower theatrical revenue year-over-year expected in 2026 due to lower averag
- Strategic exit of approximately 2 million international hard bundle subscribers expected i
Corporate events
- Company remains on track to deliver $3 billion-plus in efficiencies through 2027, with mor
- Company replaced previously planned rights offering with a dividend of one 10-year warrant
- Paramount announced definitive merger agreement to acquire Warner Bros. Discovery, expecte
Quotes
- “It's been a busy and productive start to the year with momentum across our Direc…”
- “The first quarter demonstrated what this company is capable of when strategy, co…”