Culture & Entertainment

Skydance’s Market Value Is Currently Less Than Half What Warner Bros. Discovery and Paramount Combined Were Worth

Source: Variety · Published

Skydance’s Market Value Is Currently Less Than Half What Warner Bros. Discovery and Paramount Combined Were Worth
Source: Variety

David Ellison’s freshly formed Skydance Corp. is off to a rocky start on Wall Street. He won Warner Bros. Discovery after a yearlong battle. But investors, at this point, appear to believe he wildly overpaid for the deal — that the newly merged company, dubbed Skydance Corp., is

David Ellison’s freshly formed Skydance Corp. is off to a rocky start on Wall Street. He won Warner Bros.

Discovery after a yearlong battle. But investors, at this point, appear to believe he wildly overpaid for the deal — that the newly merged company, dubbed Skydance Corp., is worth nowhere near the $78 billion in […]

Read Original Source