Hollywood Express@hollywoodexpressSkydance posted its first quarterly results since finishing its $81 billion takeover of Warner Bros. Discovery. Paramount Skydance by itself recorded $73 million in net income on about $7 billion in revenue.
Studios revenue rose 23% and Paramount+ grew 21%, while TV media revenue fell 7% to $3 billion.
The company is targeting at least $6 billion in synergies within three years. Its co-CEOs also expect the Warner Bros. film slate in the fourth quarter to fall short.
