Television Broadcasting Stations · SIC 4833

Paramount Skydance Corp

PSKY

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Latest revenue

$7.35B

as of 2026-03-31

Latest net income

$168.0M

as of 2026-03-31

Net margin

2.3%

as of 2026-03-31

Price · 5Y

+0.9% / yr 12.9 pts / yr vs S&P 500 0.7% total
Compare:

Live market

delayed ≤15 min
$10.46
1.75%
Market cap
$11.21B
Enterprise value
$21.58B
P/E (trailing)
Forward P/E
P/B
0.93×
Dividend yield
1.4%
52-wk high
$20.86
52-wk low
$8.62
Beta
Shares out
1.07B

5-year trend

What this company does

AI

Paramount Skydance is the post-merger parent company combining Paramount Global's media empire (CBS, MTV, Nickelodeon, Paramount+ streaming, Paramount Pictures) with Skydance Media's film and TV production business. Once operational, it will generate revenue primarily through advertising, subscription streaming fees, content licensing, and theatrical releases across its film and TV portfolio. The merger closed August 7, 2025, with the Ellison Family and RedBird Capital injecting up to $6 billion and taking control via NAI, while assuming Paramount's roughly $15 billion debt load.

Generated from PSKY's filing dated 2026-02-25

Key risks

AI
  • Dual-class structure post-merger: NAI holds 100% of voting Class A shares; public Class B holders have no voting rights.
  • Heavy debt assumption: New Paramount will guarantee $13.33B senior notes plus $1.65B junior subordinated debentures maturing through 2062.
  • Dilution overhang: up to 400M new Class B shares issued at $15 plus 200M warrants struck at $30.50 to Ellison/RedBird investors.

Generated from PSKY's filing dated 2026-02-25

Profitability

Operating margin

-18.0%

1085.8%

Net margin

-21.2%

933.4%

Return on equity

-37.9%

Return on assets

-13.4%

Leverage

Debt / equity

2.71×

48.0%

Long-term debt / equity

1.13×

27.3%

Debt / assets

73.0%

12.9%

Earnings tracker

QuarterRevenueYoYNet incomeYoYNet margin

Q1 2026

2026-03-31

$7.35B$168.0M2.3%

Q3 2025

2025-08-06

$16.62B$-35.0M-0.2%

Q2 2025

2025-06-30

$0$0

Q1 2025

2025-03-31

$0$0

Q3 2024

2024-09-30

$6.73B$1.0M0.0%

Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.

Industry trend

Television Broadcasting Stations · SIC 4833

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Insider activity

Insider buying

$0

Insider selling

$0

Net activity

+$0

Distinct insiders

1

Open-market trades over the last 365 days.

Recent transactions

DateInsiderTypeSharesPriceValue

Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.

Who owns PSKY

Institutional value

$1.38B

Total shares held

155.8M

Distinct holders

357

+50 vs prior

As of

2026-03-31

Prior: 2025-12-31

Filers with $100M+ AUM disclose holdings 45 days after quarter end.

Top institutional holders

#ManagerSharesValueQoQ changeAction
1Invesco Ltd.23.6M$212.7M+8.2M (+53.1%)Added
2VANGUARD CAPITAL MANAGEMENT LLC20.3M$183.2MNew
3UBS Group AG20.2M$182.0MNew
4BlackRock, Inc.17.5M$158.2M+683.0K (+4.1%)Added
5VANGUARD PORTFOLIO MANAGEMENT LLC13.5M$122.1MNew
6Contrarius Group Holdings Ltd7.9M$71.5M-7.2M (-47.5%)Trimmed
7MTCO Ltd.6.3M$56.8MNew
8DIMENSIONAL FUND ADVISORS LP4.0M$35.8M+2.2M (+126.3%)Added
9DEUTSCHE BANK AG\3.8M$34.4M-1.8M (-31.5%)Trimmed
10Bank Pictet & Cie (Europe) AG3.5M$31.8MNew
11LOS ANGELES CAPITAL MANAGEMENT LLC2.8M$25.5M+2.8M (+59175.4%)Added
12LTS Liquid Investments LLC2.0M$18.3M+827.2K (+68.7%)Added
13JPMORGAN CHASE & CO1.9M$17.4M-119.4K (-5.8%)Trimmed
14VANGUARD FIDUCIARY TRUST CO1.7M$15.5MNew
15WELLS FARGO & COMPANY/MN1.3M$12.0M-8.3K (-0.6%)Trimmed
16Bank of New York Mellon Corp1.3M$11.4M-224.6K (-15.1%)Trimmed
17BNP PARIBAS FINANCIAL MARKETS1.3M$11.3M+80.6K (+6.9%)Added
18BANK OF MONTREAL /CAN/1.1M$9.6M+633.9K (+147.8%)Added
19Legal & General Group Plc1.0M$9.4M+250.2K (+31.4%)Added
20BW Gestao de Investimentos Ltda.1.0M$9.3M+464.2K (+82.2%)Added

Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.

Top questions investors are asking

AI
  1. 1

    With $13.33B senior notes and $1.65B junior debentures now guaranteed by New Paramount, what's pro-forma net leverage and refinancing plan for 2026 maturities?

  2. 2

    Post-close cash retention is only $1.5B minimum after the $4.5B cash-election funding—is that sufficient given Paramount's negative net margin and content spend?

  3. 3

    What synergy target and timeline justify the $6B Ellison/RedBird investment at $15, given warrants struck at $30.50 imply 100%+ upside expectations?

Refreshed when PSKY files a new report · last from 2026-02-25