Wall Street bets against Skydance beating the media merger curse
TheWrap’s Jon Lafayette reports that Wall Street analysts remain skeptical of the newly closed Skydance-Paramount-Warner Bros. Discovery deal, citing roughly $80 billion in debt and a history of failed media mergers, even as the company touts over $30 billion in planned content spending.
Why it matters. Rival studios from Lionsgate to Sony now face pressure to weigh their own consolidation moves as Skydance’s scale resets competitive stakes in Hollywood.
Signal from thewrap.com · Jon Lafayette · read the original.
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