Paramount Skydance Sees Q4 Loss Widen After TV Downturn Amid New Effort to Acquire Warner

Paramount Skydance, in the midst of pursuing a acquisition of Warner Bros, Discovery, saw downturns in revenue from TV advertising and distribution in the fourth quarter, which helped to spur a wider loss for the period, even as revenue increased in its streaming and film operations. The owner of the CBS broadcast network and Paramount+ […]

By Brian Steinberg