Paramount

Hollywood Express@hollywoodexpress

Skydance 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.

Hollywood Express@hollywoodexpress

Pamela Abdy, who was removed as Warner Bros. film chief last month, collected a major honor at the Women in Film Honors on Thursday night. She is receiving the first Vanguard Award, which Nancy Meyers will present to her.

Abdy called the recent exits of senior women in Hollywood upsetting. Cindy Holland left her role running Paramount's streaming division, and Bela Bajaria was let go as Netflix's chief content officer.

Asked about her next move, Abdy said she has no plans figured out yet and finds that uncertainty somewhat pleasant.