Paramount Skydance Corp

Listed Company

PSKYCIK 0002041610NasdaqLarge AcceleratedTelevision Broadcasting StationsDelawareFY ends Dec 31

Period

FY 2024

Revenue

$29.21B

Net Income

$-6.19B

Total Assets

$46.17B

Equity

$16.32B

Shares Out

1.07B

Op. Cash Flow

$752.00M

Business

Paramount Skydance Corporation is a global media and entertainment company that creates, acquires, produces and distributes film, television and digital content. It offers theatrical films, television series, streamed and linear programming, news, sports, kids and family content, and interactive/games through brands such as Paramount Pictures, CBS, Nickelodeon, MTV, BET, Showtime, Paramount+, Pluto TV and Skydance’s animation and sports divisions. The company reports through TV Media, Direct-to-Consumer and Studios/Filmed Entertainment segments. Its content is distributed domestically and internationally via theatrical release, broadcast and cable networks, streaming services, digital platforms and third-party distributors.

Summary from filing dated 2026-02-25

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2024 2024-12-31	FY 2023 2023-12-31
Revenues	29,213	29,652
Operating	19,437	20,017
Programming charges	1,120	2,370
Selling, general and administrative	6,658	7,245
Depreciation and amortization	392	418
Impairment charges	6,130	83
Restructuring, transaction-related items and other corporate matters	747	−31
Total segment expenses	34,482	30,103
Gain on dispositions	0	0
Operating income (loss)	−5,269	−451
Interest expense	−860	−920
Interest income	151	137
Gain (loss) from investments	−17	168
Gain on extinguishment of debt	0	29
Other items, net	−182	−216
Earnings (loss) from continuing operations before income taxes and equity in loss of investee companies	−6,177	−1,253
Benefit from income taxes	305	361
Equity in loss of investee companies, net of tax	−291	−360
Net earnings (loss) from continuing operations	−6,163	−1,252
Net earnings from discontinued operations, net of tax	14	676
Net earnings (loss) (Parent and noncontrolling interests)	−6,149	−576
Net earnings attributable to noncontrolling interests	−41	−32
Net loss attributable to Parent	−6,190	−608
Net loss from continuing operations	−6,204	−1,284
Net loss from continuing operations (in dollars per share)	−9.36	−2.06
Net earnings from discontinued operations (in dollars per share)	0.02	1.04
Net loss (in dollars per share)	−9.34	−1.02
Net loss from continuing operations (in dollars per share)	−9.36	−2.06
Net earnings from discontinued operations (in dollars per share)	0.02	1.04
Net loss (in dollars per share)	−9.34	−1.02
Basic (in shares)	664	652
Diluted (in shares)	664	652

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2025 2025-07-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31
Cash and cash equivalents	3,274	—	2,661	—	—
Receivables, net	6,615	—	6,920	—	—
Programming and other inventory	1,461	—	1,429	—	—
Prepaid expenses and other current assets	1,970	—	1,532	—	—
Total current assets	13,320	—	12,542	—	—
Property and equipment, net	2,195	—	1,566	—	—
Programming and other inventory	15,028	—	13,924	—	—
Goodwill	1,600	987	10,508	16,516	—
Intangible assets, net	6,238	—	2,406	—	—
Operating lease assets	1,126	—	1,012	—	—
Deferred income tax assets, net	1,282	—	1,386	—	—
Other assets	2,553	—	2,828	—	—
Total Assets	43,342	—	46,172	—	—
Accounts payable	906	—	953	—	—
Accrued expenses	2,077	—	2,199	—	—
Participants share and royalties payable	2,646	—	2,574	—	—
Accrued programming and production costs	1,832	—	1,720	—	—
Deferred revenues	1,355	—	825	—	—
Debt	433	—	0	—	—
Other current liabilities	1,350	—	1,360	—	—
Total current liabilities	10,599	—	9,631	—	—
Long-term debt	13,225	—	14,501	—	—
Participants share and royalties payable	1,361	—	1,310	—	—
Pension and postretirement benefit obligations	1,185	—	1,226	—	—
Deferred income tax liabilities, net	85	—	34	—	—
Operating lease liabilities	1,150	—	1,048	—	—
Programming obligations	400	—	260	—	—
Other liabilities	2,450	—	1,380	—	—
Commitments and contingencies (Note 18)	—	—	—	—	—
Additional paid-in capital	13,386	—	33,394	—	—
Retained earnings (accumulated deficit)	−1,753	—	7,487	—	—
Accumulated other comprehensive income (loss)	59	—	−1,604	—	—
Total Parent stockholders equity	11,693	—	16,320	—	—
Noncontrolling interests	1,194	—	462	—	—
Total Equity	12,887	13,268	16,782	23,050	23,606
Total Liabilities and Equity	43,342	—	46,172	—	—

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2024 2024-12-31	FY 2023 2023-12-31
Amortization of content costs and participation and residuals expense	13,888	14,713
Deferred tax benefit	−630	−650
Stock-based compensation	245	177
Equity in loss of investee companies, net of tax and distributions	304	363
(Increase) decrease in receivables	548	523
Increase in inventory and related program, participation, and residuals liabilities	−15,812	−15,518
Increase (decrease) in accounts payable and other liabilities	324	−659
(Decrease) increase in pension and postretirement benefit obligations	23	−69
Increase in income taxes	141	267
Other, net	227	−186
Net cash flow provided by operating activities from continuing operations	752	384
Net cash flow provided by operating activities from discontinued operations	0	91
Net cash flow provided by operating activities	752	475
Investments	−326	−322
Capital expenditures	−263	−328
Acquisitions, net of cash acquired	0	0
Proceeds from dispositions	554	71
Other investing activities	−8	−3
Net cash flow used for investing activities from continuing operations	−43	−582
Net cash flow provided by investing activities from discontinued operations	55	1,524
Net cash flow (used for) provided by investing activities	12	942
Proceeds from issuance of debt	0	45
Repayment of debt	−126	−1,277
Repayment of Skydance credit facility	0	0
Dividends paid on preferred stock	−29	−58
Dividends paid on common stock	−139	−389
Payment of payroll taxes in lieu of issuing shares for stock-based compensation	−60	−29
Payments to noncontrolling interests	−127	−93
Other financing activities	−26	−40
Net cash flow used for financing activities	−507	−1,841
Effect of exchange rate changes on cash and cash equivalents	−56	−1
Net (decrease) increase in cash and cash equivalents	201	−425

Filings

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