Paramount Skydance (NASDAQ: PSKY) Jumps on First Post‑Merger Earnings: $1.5B Content Push, $3B Cost Cuts, Paramount+ Price Hike — 11/11/2025
Paramount Skydance shares jumped 5.5% after the company raised its annual cost-savings target to $3 billion and announced over $1.5 billion in new programming spend for 2026. Q3 revenue was about $6.7 billion with a net loss of $257 million. Paramount+ will raise U.S. prices in January 2026. Around 600 employees exited under a new return-to-office policy, with further cuts expected from asset sales in Argentina and Chile.