Markets
Skydance Stock Plunges 8% After Warner Bros. Film Warning Puts $200 Million Of Profit At Risk
Third-quarter sales rose 5%, but weaker Warner Bros. films are expected to slow studio growth in the fourth quarter.
Skydance (SKYD) news from Bullished: SEC filings, earnings, insider trades and deals, explained in plain English with links to the source documents.
Markets
Third-quarter sales rose 5%, but weaker Warner Bros. films are expected to slow studio growth in the fourth quarter.
Earnings
Management sees revenue benefits beyond its forecasts, while targeting at least $1.4 billion in technology savings.
SEC Filings
Paramount+ growth accelerated to 21%, while the enlarged company faces $87 billion in gross debt and a costly integration.
SEC Filings
A blackout that began October 5 and is expected to end the week of October 18 covers stock the insiders got through their jobs.
SEC Filings
The warrants trade separately on the NYSE and can be called early if the Class B stock closes at or above $30.00 on enough days.
Insider Trades
A Form 4 also lists two restricted stock unit awards that vest quarterly over three years, starting December 31, 2026.
Deals
An 8-K shows both appointments take effect only at closing, and Kotick will sit on the Nominating and Governance Committee.
SEC Filings
The renamed company moved its Class B shares to the NYSE as SKYD and cut its $49.0 billion bridge loan to zero.
Deals
The company will swap its PSKY ticker for SKYD as it pursues its pending acquisition of Warner Bros. Discovery.
Deals
Kreiz, 61, steps in as operator alongside Chairman David Ellison, with his base salary set to jump from $3.5 million to $5 million at closing.