Skydance First Earnings Release Post-Warner Deal Q3 2026 Revealed
Skydance released its first earnings report post-Warner Bros. Discovery deal, outlining $5.8 billion in expected synergies and cost savings from corporate overhead, marketing, technology, and procurement. The company also teased a future HBO Max and Paramount+ bundle for early 2027, ahead of an investor day.
Why it matters
This deal and the outlined strategies will significantly reshape the media landscape, impacting streaming competition, consumer choices, and the financial performance of a major entertainment conglomerate.
Skydance , in its first earnings report after completing its megadeal for Warner Bros. Discovery, outlined where it expects to drive synergies and cost savings and teased a bundle of HBO Max and Paramount + for early 2027, as well as an investor day in the first half of next year.
The company reported Q3 earnings Monday afternoon, with revenue of $7 billion, net earnings of $73 million and adjusted EBITDA of $1 billion, all skewed a bit by the fact that the WBD deal did not close until after the quarter ended. As a result, none of WBD’s results are included in the report, which was authored by CEO David Ellison and co-CEO Ynon Kreiz.
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