Wall Street sees debt bomb ticking under Paramount Skydance deal
The Ankler’s Claire Atkinson reports that as Skydance’s $110 billion takeover of Warner Bros. Discovery closes Tuesday, analysts warn the combined company’s $80 billion debt load leaves no room for error against declining cable and a maturing streaming market.
Why it matters. Paramount Skydance must find fast cost cuts or prove streaming growth, but a consent decree walls off the most obvious cuts and analysts don’t expect streaming traction until 2030.
Signal from The Ankler · Claire Atkinson · read the original.
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