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Paramount Skydance Corp. Shares Plummet 16.5% Amid Netflix-Warner Bros. Merger News
ByAinvest
Sunday, Dec 7, 2025 11:17 pm ET1min read
Paramount Skydance Corp. (NASDAQ:PSKY) fell 16.5% after losing the bidding war for Warner Bros Discovery to Netflix. The acquisition values WBD at $82.7 billion, including its film studio and streaming service, HBO Max. Paramount Skydance Corp.'s CEO, David Ellison, lobbied against the merger with the White House, citing risks to WBD shareholders.
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