Fitch Ratings’ decision to cut Paramount Skydance Corp.’s credit ratings to junk put the media company on track to be one of the biggest borrowers in the US high-yield bond market, after it agreed to take over rival Warner Bros. Discovery Inc. in a $110 billion buyout.
Fitch Ratings’ decision to cut Paramount Skydance Corp.’s credit ratings to junk put the media company on track to be one of the biggest borrowers in the US high-yield bond market, after it agreed to take over rival Warner Bros. Discovery Inc. in a $110 billion buyout.
Paramount Studios in Los Angeles, California, US, on Tuesday, Dec. 9, 2025. Paramount Skydance Corp. and Netflix Inc. — the entertainment heavyweights locked in a bidding war for Warner Bros. Discovery Inc. — are girding for a battle they predict will stretch well into 2026.
Paramount Skydance Corp.’s proposed $110 billion acquisition of Warner Bros. Discovery Inc. remains under active review by US antitrust officials, according to people familiar with the matter, even though the odds of a legal challenge are low.
Paramount Skydance Corp.’s proposed $110 billion acquisition of Warner Bros. Discovery Inc. remains under active review by US antitrust officials, according to people familiar with the matter, even though the odds of a legal challenge are low.
The Paramount Studios in Los Angeles, California, US, on Tuesday, Aug. 27, 2024. Producer David Ellison's Skydance Media is set to become the new owner of Paramount Global after Seagram Co. heir Edgar Bronfman Jr. dropped out, ending one of the industry's most dramatic acquisition contests.
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