Paramount Skydance Corporation reported second quarter 2026 financial results, posting total revenue of $6.9 billion and adjusted EBITDA of $1.1 billion. The company raised its full-year 2026 adjusted EBITDA outlook to a range of $3.8-$3.9 billion with an expected margin of 12.8%. Paramount+ subscribers reached 81.6 million worldwide, adding approximately 2 million new users in the quarter driven by UFC and FIFA World Cup content. The filing also notes continued regulatory progress toward the proposed combination with Warner Bros. Discovery. Paramount Skydance Corporation operates in the media and entertainment industry, producing and distributing film, television, and streaming content.

Paramount Skydance Corporation filed an 8-K to incorporate Warner Bros. Discovery’s audited and unaudited financial statements alongside pro forma combined financials related to its pending acquisition of WBD. Under the merger agreement, WBD shareholders will receive $31.00 per share in cash plus a ticking consideration, resulting in total estimated cash consideration of approximately $77.8 billion. The transaction is financed through up to $46.7 billion in equity commitments from Ellison affiliates and RedBird Capital, alongside committed debt facilities including a $51.9 billion permanent financing package and a $5.0 billion revolving credit facility. Paramount also paid a $2.8 billion termination fee to Netflix to facilitate the deal. The company operates in the media and entertainment industry.

Stockholders representing 100.0% of voting power acted by written consent on July 20, 2026, to elect a ten-member board of directors, effective July 21, 2026, and ratified the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for fiscal year 2026. Paramount Skydance Corporation operates in the media and entertainment industry.

Paramount Skydance Corporation received regulatory approvals for its proposed merger with Warner Bros. Discovery, Inc. from the European Commission on July 22, 2026, and the European Commission under the EU Foreign Subsidies Regulation on July 14, 2026, following a Phase 1 review. The Fair Trade Commission of South Korea also provided unconditional approval on July 10, 2026. Paramount Skydance Corporation is a media and entertainment company.

Paramount Skydance Corporation received unconditional merger approval from the Competition Protection Agency of Kuwait on June 28, 2026, and from the Austrian Federal Competition Authority and the Australian government on June 30, 2026. These approvals are part of the ongoing regulatory clearance process for its merger with Warner Bros. Discovery, Inc. Paramount Skydance Corporation operates in the media and entertainment industry.