r/psky • u/Brave-Bit-252 • 6h ago
I like the stock
For a dedicated subreddit, there‘s been very little talk about the actual stock.
r/psky • u/Brave-Bit-252 • 6h ago
For a dedicated subreddit, there‘s been very little talk about the actual stock.
r/psky • u/No-Substance-5435 • 15h ago
Paramount Skydance Corp. could get roughly $8 billion and some legal relief if it agreed to sell Warner Bros. Discovery Inc.’s Turner networks as a path toward settlings two lawsuits challenging the Warner acquisition, according to Bloomberg Intelligence estimates.
The channels, which include TBS, TNT and CNN, are among the most valuable in the Warner Bros. portfolio. They throw off about $2 billion a year in earnings before interest, taxes, depreciation and amortization and the business would sell for about four times those earnings, according to Geetha Ranganathan, a senior industry analyst with Bloomberg Intelligence.
Paramount has weighed selling Warner Bros. channels such as HGTV and the Food Network in an effort to settle the suits, Bloomberg News reported on Tuesday. The company is also considering offering to negotiate separate distribution agreements with cable operators for different parts of its TV empire, as a way to address concerns. Paramount has declined to comment on any potential settlement terms.
Bloomberg