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Paramount Skydance Corporation PSKY

Television Broadcasting Stations · SIC 4833 · Vertical: Television Broadcasting Stations (SIC 4833)

9.78USD+41.46% · 1 dayClose 22 Oct 2026

Paramount Skydance Corporation is a global media company that produces and distributes content through CBS, Paramount+, Pluto TV and its film studios. It is currently pursuing a merger with Warner Bros. Discovery, a deal that, if completed, would substantially change its position in the industry.

At the close of 22 Oct 2026, Paramount Skydance Corporation (PSKY) stock was 9.78 USD (+41.46% on the day), with 52-week range 6.91–10.87 USD. Latest reported quarter (Q2 2026): revenue of 6.9 bn USD (+0.9% YoY), net income of 41.0 m USD (−28.1% YoY), diluted EPS 0.04 USD.

Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.

Market cap
unavailable
shares as of 05 Nov 2025
P/E (TTM)
unavailable
Diluted EPS TTM -9.34 · TTM to 31 Dec 2024
E/P (TTM)
-95.55%
TTM to 31 Dec 2024
Dividend yield
unavailable
Beta (2y)
unavailable
52-week range
6.9110.87

Price history

Loading chart…

Technical reading

RSI (14)
59.0
strong (55–70)
Bollinger (20, 2)
unavailable – unavailable
SMA 50 / 200
unavailable / unavailable
MACD (12, 26, 9)
unavailable / unavailable

Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).

Performance

CompanyS&P 500vs S&P 500Vertical median
1 monthunavailable−1.1%unavailable—
3 monthsunavailable−0.5%unavailable—
6 monthsunavailable+4.4%unavailable—
Year to dateunavailable+12.3%unavailable—
1 yearunavailable+13.5%unavailable−2.8%
3 yearsunavailable+76.4%unavailable+11.8%
5 yearsunavailable+63.7%unavailable—
Max drawdown (1y)
−36.4%
14 Sept 2026 → 16 Oct 2026
Max drawdown (5y)
−36.4%
14 Sept 2026 → 16 Oct 2026
Compound annual growth (5y)
unavailable
S&P 500 +10.4%

Price returns, dividends excluded.

Quarterly results

Latest quarter: Q2 2026 · 30 Jun 2026

Revenue
6.9 bn USD
+0.9% YoY
Net income
41.0 m USD
−28.1% YoY
Diluted EPS
0.04
−50.0% YoY
net / operating
0.6% / 6.9%

Quarterly margins

Quarterly statements · USD

Fiscal yearQ3 '24Q4 '24Q1 '25Q2 '25Q1 '26Q2 '26
Revenue6.7 bn8.0 bn7.2 bn6.8 bn7.3 bn6.9 bn
SG&A1.5 bn1.9 bn1.5 bn1.4 bn1.4 bn1.4 bn
Operating income337.0 m129.0 m550.0 m399.0 m616.0 m475.0 m
Depreciation & amortisation96.0 m95.0 m88.0 m87.0 m362.0 m364.0 m
Interest expense209.0 m215.0 m217.0 m214.0 m238.0 m255.0 m
Pre-tax income120.0 m-115.0 m00392.0 m215.0 m
Income tax45.0 m37.0 m100.0 m50.0 m155.0 m120.0 m
Net income1.0 m-224.0 m152.0 m57.0 m168.0 m41.0 m
Diluted EPS0.00-0.34 ≈0.220.080.150.04
Operating cash flow—168.0 m180.0 m159.0 m ≈185.0 m319.0 m ≈
Capex—112.0 m57.0 m45.0 m ≈89.0 m61.0 m ≈
Dividends paid—37.0 m36.0 m34.0 m ≈61.0 m56.0 m ≈

≈ derived quarter (cumulative difference / share-days average)

E/P over time

E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.

Fiscal years

Fiscal year20232024
Revenue29.7 bn29.2 bn
Revenue YoYunavailable−1.5%
Net income-608.0 m-6.2 bn
Net income YoYunavailableunavailable
Diluted EPS-1.02-9.34
Diluted EPS YoYunavailableunavailable
net %-2.1%-21.2%
Free cash flow147.0 m489.0 m

Reported results vs expectations

Loading…

Balance sheet & financial health

Fiscal year 2024 · 31 Dec 2024

Cash
2.7 bn USD
Financial debt
0 USD
Net debt
-2.7 bn USD
Equity
16.8 bn USD
Total assets
46.2 bn USD
Debt / equity
0.00x
Current ratio
1.30x
ROE
-31.1%
ROA
-13.4%
FCF margin
1.7%

Financial statements (source on every figure)

Revenue and net income (USD)

Margins

Income statement · USD

Revenue
2023
29.7 bn
2024
29.2 bn

SEC (XBRL)· 25 Feb 2026verified

SG&A
2023
7.2 bn
2024
6.7 bn

SEC (XBRL)· 25 Feb 2026verified

Operating income
2023
-451.0 m
2024
-5.3 bn

SEC (XBRL)· 25 Feb 2026verified

Depreciation & amortisation
2023
418.0 m
2024
392.0 m

SEC (XBRL)· 25 Feb 2026verified

EBITDA
2023
-33.0 m ≈
2024
-4.9 bn ≈

SEC (XBRL)· 25 Feb 2026derived

Interest expense
2023
920.0 m
2024
860.0 m

SEC (XBRL)· 25 Feb 2026verified

Pre-tax income
2023
-1.3 bn
2024
-6.2 bn

SEC (XBRL)· 25 Feb 2026verified

Income tax
2023
-361.0 m
2024
-305.0 m

SEC (XBRL)· 25 Feb 2026verified

Net income
2023
-608.0 m
2024
-6.2 bn

SEC (XBRL)· 25 Feb 2026verified

Diluted EPS
2023
-1.02
2024
-9.34

SEC (XBRL)· 25 Feb 2026verified

Weighted average diluted shares
2023
652.0 m
2024
664.0 m

SEC (XBRL)· 25 Feb 2026verified

Dividend per share
2023
0.39
2024
0.20

SEC (XBRL)· 25 Feb 2026verified

Balance sheet · USD

Cash
2023
—
2024
2.7 bn

SEC (XBRL)· 10 Nov 2025verified

Receivables
2023
—
2024
6.9 bn

SEC (XBRL)· 10 Nov 2025verified

Current assets
2023
—
2024
12.5 bn

SEC (XBRL)· 10 Nov 2025verified

Property, plant & equipment, net
2023
—
2024
1.6 bn

SEC (XBRL)· 10 Nov 2025verified

Goodwill
2023
16.5 bn
2024
10.5 bn

SEC (XBRL)· 10 Nov 2025verified

Intangibles (excl. goodwill)
2023
—
2024
2.4 bn

SEC (XBRL)· 10 Nov 2025verified

Total assets
2023
—
2024
46.2 bn

SEC (XBRL)· 10 Nov 2025verified

Accounts payable
2023
—
2024
953.0 m

SEC (XBRL)· 10 Nov 2025verified

Short-term debt
2023
—
2024
0

SEC (XBRL)· 10 Nov 2025verified

Current liabilities
2023
—
2024
9.6 bn

SEC (XBRL)· 10 Nov 2025verified

Equity
2023
23.1 bn
2024
16.8 bn

SEC (XBRL)· 10 Nov 2025verified

Cash flow · USD

Operating cash flow
2023
475.0 m
2024
752.0 m

SEC (XBRL)· 25 Feb 2026verified

Capex
2023
328.0 m
2024
263.0 m

SEC (XBRL)· 25 Feb 2026verified

Free cash flow
2023
147.0 m ≈
2024
489.0 m ≈

SEC (XBRL)· 25 Feb 2026derived

Investing cash flow
2023
942.0 m
2024
12.0 m

SEC (XBRL)· 25 Feb 2026verified

Financing cash flow
2023
-1.8 bn
2024
-507.0 m

SEC (XBRL)· 25 Feb 2026verified

Dividends paid
2023
389.0 m
2024
139.0 m

SEC (XBRL)· 25 Feb 2026verified

Computed indicators

Growth

Revenue growth (YoY)
-1.5%
computed by olivLawFY 2024
Revenue CAGR 3Y
unavailable
input data missing
Revenue CAGR 5Y
unavailable
input data missing
EBIT growth (YoY)
unavailable
the base of the ratio is not positive
Net income growth (YoY)
unavailable
the base of the ratio is not positive
Net income CAGR 3Y
unavailable
input data missing
Net income CAGR 5Y
unavailable
input data missing
EPS growth (YoY)
unavailable
the base of the ratio is not positive
EPS CAGR 3Y
unavailable
input data missing
EPS CAGR 5Y
unavailable
input data missing
FCF growth (YoY)
232.7%
computed by olivLawFY 2024

Profitability

Gross margin
unavailable
input data missing
EBITDA margin
unavailable
input data missing
EBIT margin
unavailable
input data missing
Net margin
unavailable
input data missing
FCF margin
unavailable
input data missing

Returns

ROE
unavailable
input data missing
ROA
unavailable
input data missing
ROIC
unavailable
input data missing
ROCE
unavailable
input data missing
Payout ratio (EPS)
unavailable
input data missing
Payout ratio (FCF)
unavailable
input data missing

Balance sheet

Net debt
-962.0 m USD
computed by olivLawbalance sheet at 30 Jun 2026
Net debt / EBITDA
unavailable
input data missing
Debt / equity
0.1x
computed by olivLawbalance sheet at 30 Jun 2026
Interest coverage
unavailable
the reported interest expense is far older than the latest period (the filer changed its XBRL tag): a stale figure is not used

Liquidity

Current ratio
1.0x
computed by olivLawbalance sheet at 30 Jun 2026
Quick ratio
unavailable
input data missing
Cash ratio
0.2x
computed by olivLawbalance sheet at 30 Jun 2026

Cash

Operating cash flow
unavailable
input data missing
Capital expenditure
unavailable
input data missing
Free cash flow
unavailable
input data missing
FCF conversion
unavailable
input data missing
Cash conversion
unavailable
input data missing

Efficiency

Days sales outstanding
unavailable
input data missing
Days inventory outstanding
unavailable
input data missing
Days payables outstanding
unavailable
input data missing
Cash conversion cycle
unavailable
input data missing

Market and valuation

Market capitalisation
unavailable
input data missing
Enterprise value
unavailable
input data missing
Market cap / net income TTM
unavailable
input data missing
P/E (TTM)
unavailable
input data missing
Earnings yield
unavailable
input data missing
P/B
unavailable
input data missing
P/S
unavailable
input data missing
EV/EBITDA
unavailable
input data missing
EV/EBIT
unavailable
input data missing
EV/Sales
unavailable
input data missing
P/FCF
unavailable
input data missing
FCF yield
unavailable
input data missing
Dividend yield
unavailable
input data missing
Shareholder yield (distributions)
unavailable
input data missing

1 indicators that do not apply to the sector.

Valuation

olivLaw classification

Insufficient data
What is missing
  • indicators available: 1 of at least 6
  • score weight coverage: 4.2% of at least 60%

A scoring methodology on indicators and valuation, not investment advice.

Closing price

9.78 USD

22 Oct 2026Source: olivLaw, closing series

Market cap: unavailable

The price is older than the freshness threshold; market indicators are unavailable.

Key indicators

Market capitalisation
unavailable
input data missing
P/E (TTM)
unavailable
input data missing
P/B
unavailable
input data missing
EV/EBITDA
unavailable
input data missing
ROE
unavailable
input data missing
Net margin
unavailable
input data missing
Revenue growth (YoY)
-1.5%
computed by olivLawFY 2024
Dividend yield
unavailable
input data missing

Coverage and freshness

29/37 reporting lines present
Latest full fiscal year: 2024
Latest reported period: 30 Jun 2026
Latest balance sheet date: 30 Jun 2026
Share count (cover of the latest filing), as of: 05 Nov 2025
Source: SEC (XBRL)published 04 Aug 2026
verified 248derived 13

Score by group

4% · Insufficient data

Estimated value range

Low
2.63
USD per share
Mid
3.01
USD per share
High
3.53
USD per share
Price: unavailable
Potential to the central value: unavailable (value / price − 1)
Margin of safety: unavailable (1 − price / value)
Agreement between methods: single method · 1 methods used · 1 independent bases

The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 2.63 – 3.53 USD.

Valuation assumptions are editorial choices, not measured; beta is not measured.

Method ranges (USD per share)

— — Mid · ▏ Price

Valuation methods

  • DCF (discounted cash flow)unavailable · the input exists, but its latest figure is far older than the latest reported period: not used
  • Peers: EV/EBITDAunavailable · input data missing
  • Peers: P/Eunavailable · input data missing
  • Dividend discount (DDM)2.63 – 3.53 (Mid 3.01)
Multiple comparisons use the SIC vertical: Television Broadcasting Stations (SIC 4833)

Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.

Assumptions (illustrative, editorial)

Risk-free rate
4.3%
Equity risk premium
5.0%
Beta (default)
1.00
Cost of equity
9.3%
Terminal growth
2.5%

Factor scorecard

Insufficient data

Minimum-evidence gate: indicators available: 1 of at least 6; score weight coverage: 4.2% of at least 60%

FactorValueScoreWeight used
ROIC · Qualityunavailableunavailable—
Net margin · Qualityunavailableunavailable—
FCF conversion · Qualityunavailableunavailable—
Revenue CAGR 3Y · Growthunavailableunavailable—
EPS CAGR 3Y · Growthunavailableunavailable—
Net debt / EBITDA · Balance sheetunavailableunavailable—
Interest coverage · Balance sheetunavailableunavailable—
Current ratio · Balance sheet1.0x20 (on a fixed band)100%
P/E (TTM) · Valuationunavailableunavailable—
EV/EBITDA · Valuationunavailableunavailable—
FCF yield · Valuationunavailableunavailable—
Shareholder yield (distributions) · Returnsunavailableunavailable—
Payout ratio (FCF) · Returnsunavailableunavailable—

Factors without a value were dropped; the remaining weights were renormalised.

Score groups

  • Balance sheet· partial20/100 · 1/3 factors with a value
  • Growth· partialunavailable · 0/2 factors with a value
  • Quality· partialunavailable · 0/3 factors with a value
  • Returns· partialunavailable · 0/2 factors with a value
  • Valuation· partialunavailable · 0/3 factors with a value

A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.

Memo

Skydance Corp (PSKY). Latest full fiscal year: 2024; data up to 2026-06-30.

Figures computed from the financial statements: revenue 29.2 bn USD in 2024; YoY growth -1.5%.

The estimated value range is 2.63–3.53 USD per share (median of 1 methods, agreement: single method); assumptions are illustrative. The range is the median of the methods' low, central and high values, not a probability interval.

Insufficient data for a verdict (indicators available: 1 of at least 6; score weight coverage: 4.2% of at least 60%).

Text generated deterministically from the figures shown; no language model. Not investment advice.

What supports the thesis

No signal among the computed factors. That is not an absence of risk: factors without data were not assessed, and business risks (margins, inventory, demand) are in the source-based analysis.

What contradicts it

  • Current ratio: 1.0x

Not assessed (insufficient data or a ratio without meaning): ROIC, Net margin, FCF conversion, Revenue CAGR 3Y, EPS CAGR 3Y, Net debt / EBITDA, Interest coverage, P/E (TTM), EV/EBITDA, FCF yield, Shareholder yield (distributions), Payout ratio (FCF).

Versus the vertical median

Television Broadcasting Stations (SIC 4833) · same industry (4-digit SIC) · compared with 11 companies

Multiples and returns vs the median

P/E
—
vertical median 23.5x
EV/EBITDA
—
vertical median —
P/S
—
vertical median —
P/B
—
vertical median —
ROE
—
vertical median 5.4%
Net margin
—
vertical median 2.8%
EBIT margin
—
vertical median 5.8%
Revenue YoY
-1.5%
vertical median -6.0%
above median
Net debt/EBITDA
—
vertical median 2.9x
Dividend yield
—
vertical median 6.4%

Price rebased to 100 (monthly, 5 years)

Companies in the vertical

Market capP/EROENet marginRevenue YoY1A / 3A
PSKYSkydance Corp10.5 bn———−1.5%unavailable / unavailable
NXSTNexstar Media Group, Inc.5.7 bn34.08.3%3.2%−8.5%−4% / +30%
FOXFox Corporation6213.016.8%11.6%+5.1%+6% / +123%
SBGISinclair, Inc.—10.225.4%2.8%−10.7%−11% / +12%
SSPThe E.w. Scripps Company——-174.7%-58.0%−14.3%−9% / −45%
NMAXNewsmax Inc.——-5.8%-3.2%+10.7%−2% / unavailable
FWONALiberty Media Corporation——5.4%9.4%+22.7%+4% / +59%
GTNGray Media, Inc.——-1.2%-0.8%−15.1%+1% / −36%
TVGrupo Televisa, S.A.B.——-7.5%-13.3%−6.0%−15% / −29%
FENGPhoenix New Media Limited——15.4%30.2%−15.8%−34% / −5%
EVCEntravision Communications Corporation—710.64.8%0.6%+22.6%+162% / +83%
VSNTVersant Media Group, Inc.——9.0%11.1%−5.3%unavailable / unavailable

1- and 3-year price returns: for PSKY from daily closes (the same as the performance table), for the other companies from month-end closes.

olivLaw engine forecast

The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.

The engine has no published run for this company yet.

Valuation scenarios (editable assumptions)

Illustrative scenarios

Scenarios are not available. input data missing

AI analysis

AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.

In brief

Paramount Skydance Corporation is a global media company that produces and distributes content through CBS, Paramount+, Pluto TV and its film studios. It is currently pursuing a merger with Warner Bros. Discovery, a deal that, if completed, would substantially change its position in the industry 123.

SWOT

Strengths

  • A broad portfolio of media brands, from CBS and Paramount Pictures to Nickelodeon and MTV, with an extensive film and series library.
  • Growth in Paramount+ subscribers and strong retention results in the second quarter of 2026 point to a consolidating subscriber base.
  • Access to major sports rights that attract large audiences and support the value of streaming services.

Weaknesses

  • Linear television revenue is declining, and this decline is hard to offset with digital advertising.
  • Streaming services are intensely competitive and capital intensive, which makes profitability uncertain.
  • Concentrated control by the Ellison Family limits the influence of Class B shareholders over strategic decisions.

Opportunities

  • Integrating Paramount+ and Pluto TV onto a single technology stack could lower costs and improve the user experience.
  • If the Warner Bros. Discovery merger is completed, the company could gain greater scale in film and streaming.
  • Releasing more films in theaters could support both box office revenue and later licensing income.

Threats

  • Competitors with large technology and financial resources can bid up the cost of talent and content rights.
  • Regulatory obstacles and court proceedings could delay or interrupt the proposed merger.
  • Rapid changes in consumer behaviour and technology could make current distribution models less effective.

Risks

  • Dependence on the Warner Bros. Discovery mergerhigh

    The transaction depends on regulatory approvals and on the outcome of court proceedings, and a delay or failure could generate significant costs 2.

  • Transaction financinghigh

    The proposed financing relies on equity and debt commitments that depend on market conditions, and changes to them could affect the financial plan 2.

  • Decline in linear revenuemedium

    The fall in linear audiences and advertising continues to affect the TV Media segment, and the company cannot guarantee that streaming will offset it 13.

  • Cost of content and sports rightsmedium

    Competition for sports and content rights can raise costs and reduce operating margin if revenue does not grow at the same pace 1.

  • Concentrated controllow

    The Ellison Family controls the majority of voting rights, which may limit the influence of minority shareholders over major decisions 1.

Investment thesis

What would need to be true (bull case)

  • If Paramount sustains subscriber growth and streaming profitability, the company could justify its strategy of investing in content and live sports 3.
  • The Warner Bros. Discovery combination, if completed, could create a media group with greater resources to compete with technology platforms 23.
  • Efficiency gains in TV Media, where profitability rose even as revenue fell, could support margins over the longer term 3.

What would break the thesis

  • If the merger is not completed or is delayed for long, the company could bear transaction costs and large termination fees 2.
  • The decline in linear television could continue faster than streaming grows, which could weigh on total revenue 1.
  • Heavy investment in content and sports rights could remain costly if subscribers do not grow enough or stay over the long term 13.

What to watch

  • Status of regulatory approvals and the court proceeding for the Warner Bros. Discovery merger2027
  • Trend in Paramount+ subscriber numbers and retention after the sports seasonQ3 2026
  • Delivery against the 2026 adjusted EBITDA outlook and free cash flow conversionnext 10-K
  • Results of digital advertising in the second half of 2026Q4 2026

Products, market & competition

AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.

The business

Paramount Skydance Corporation, also known as Paramount, is a global media and entertainment company whose portfolio includes Paramount Pictures, CBS, CBS News, CBS Sports, Nickelodeon, MTV, BET, Showtime, Paramount+ and Pluto TV, plus the animation, games and sports divisions of Skydance 1. The company was formed through transactions completed in August 2025 that made Paramount Global and Skydance wholly-owned subsidiaries of a new holding company 1.

Control is concentrated: entities controlled by the Ellison Family indirectly hold approximately 77.5% of the Class A common stock through Harbor Lights, while the Class B shares trade on Nasdaq under the ticker PSKY without voting rights 1. The company employed approximately 17,600 full- and part-time staff as of December 31, 2025 1.

In 2026 Paramount moved to three new reporting segments, TV Media, Direct-to-Consumer and Studios, with Studios combining film and television studio operations 13. The company signed a merger agreement with Warner Bros. Discovery in February 2026 while continuing to execute its standalone strategy 2.

Segments

TV Media

The TV Media segment includes the CBS Television Network, 29 owned CBS stations, cable networks such as Nickelodeon, MTV and Comedy Central, and international free-to-air networks such as Network 10 and Channel 5 1. Revenue comes from advertising, affiliate and retransmission fees and content licensing 1. In the first half of 2026 TV Media revenue was down 7%, but profitability rose 14% compared with the first half of 2025 3.

Direct-to-Consumer

The Direct-to-Consumer segment comprises Paramount+, Pluto TV and BET+, subscription and advertising-supported streaming services 1. In the second quarter of 2026 Paramount+ revenue grew 16% year over year, and the company reported its best retention quarter in the service's history 3.

Studios

Studios brings together Paramount Pictures, the Skydance divisions and television studios, producing films, series and content for streaming, theaters and licensing 13. The company has said it aims to release at least 30 films a year, each with a minimum 45-day theatrical window 3.

Market context

The company operates in highly competitive media and entertainment industries, competing for talent, content rights, audiences and advertising 1. The market is gradually shifting from linear television toward streaming and digital channels, which affects ratings and advertising revenue of traditional networks 1.

Major sporting events and election cycles can cause advertising revenue to vary substantially from year to year 1. The advertising market is moving toward multiplatform audience measurement, but no consistent industry-wide methodology has yet been established 1.

Trends

  • Audience migration to streamingmixed

    Consumer preferences have moved toward streaming, fragmenting audiences and reducing linear viewership, and the decline in linear audiences could continue 1. The company is investing in Paramount+ partly to offset this shift 13.

  • Live sports as a retention drivertailwind

    Exclusive sports rights such as UFC, the FIFA World Cup and the NFL have brought record audiences to Paramount+ and helped retention 3. The cost of these rights remains high and could reduce margins if it does not translate into subscriptions 1.

  • Consolidation in the media industrymixed

    Technology-funded competitors such as Netflix, Amazon and Apple are reshaping the industry, and the company presents its proposed combination with Warner Bros. Discovery as a response to this pressure 3. Regulatory obstacles and court proceedings could delay or change the transaction 2.

  • Pressure on linear advertisingheadwind

    Traditional advertising is moving to digital, and companies cannot be sure that streaming revenue will offset the decline in linear television 1. If digital advertising accelerates in the second half of the year, as management expects, the effect could be limited 3.

Competitive position

Paramount competes with television networks, streaming services, social platforms, film studios and independent producers for talent, content rights and audiences 1. Competitors include vertically integrated companies with greater financial resources and fewer regulatory constraints 1.

In streaming the company faces rivals with greater scale and investment that can offer more competitive pricing 13. The third-party platforms through which Paramount distributes its content are also direct competitors 1.

  • Warner Bros. DiscoveryWBD

    Target of Paramount's proposed merger, announced in February 2026 and subject to regulatory review 2.

  • NetflixNFLX

    Streaming service that had a prior merger agreement with Warner Bros. Discovery and is cited as a major technology competitor 123.

  • AmazonAMZN

    Company with large technology resources competing in streaming and content distribution, cited as a factor reshaping the industry 3.

  • AppleAAPL

    Company with large technology resources active in streaming and entertainment, cited as a factor reshaping the industry 3.

News & filings

In the press

Sources

  1. [1] Form 10-K, fiscal year ended 2025-12-31 · SEC / Paramount Skydance Corporation · 25 Feb 2026
  2. [2] Form 10-Q, quarter ended 2026-06-30 · SEC / Paramount Skydance Corporation · 04 Aug 2026
  3. [3] Form 8-K, results release (exhibit 99.1) · SEC / Paramount Skydance Corporation · 04 Aug 2026

Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.