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# Skydance’s $80 billion debt dwarfs its merger savings math
- URL: https://www.medianexis.com/skydances-80-billion-debt-dwarfs-its-merger-savings-math/
- Published: 2026-11-02T18:39:27.000Z
- Updated: 2026-11-02T18:39:28.000Z
- Description: TheWrap’s Lucas Manfredi reports that Skydance faces nearly $80 billion in net debt after closing its Paramount-Warner Bros. Discovery merger, with a debt-to-EBITDA ratio Fitch pegs at 7.8 times, well above the 2-to-3 times standard for media companies.
- Author: The Signals Desk
- Tags: Streaming, Earnings, Lucas Manfredi, The Ankler: Skydance's 36 sports deals financial strain

*Signal from* [*thewrap.com*](https://thewrap.com/?ref=medianexis.com) *·* [*Lucas Manfredi*](https://www.medianexis.com/tag/by-lucas-manfredi/) *·* [*read the original*](https://www.thewrap.com/industry-news/business/david-ellsion-skydance-debt-analysis/?ref=medianexis.com)*.*