• Paramount Skydance Q1 2026 earnings call drew Chairman and CEO David Ellison, CFO Dennis Cinelli, Chief Strategy Officer and COO Andrew Brandon-Gordon, EVP Corporate Finance and Investor Relations Kevin Creighton; analysts included Morgan Stanley, Bank of America, MoffettNathanson, LightShed, Wells Fargo, Wolfe Research, Guggenheim.
• Management kept September closing target for Warner Bros. Discovery transaction; U.S. HSR obligations satisfied; $10 billion permanent financing secured; remaining $49 billion bridge syndicated; WBD shareholders approved deal April 23.
• Streaming platform convergence of Paramount+, Pluto, BET+ targeted by mid-2026; Pluto set for largest product update since launch; about 80% of engineers using code-assist tools, cutting approval times by more than half.
• Direct-to-consumer: Paramount+ revenue rose 17% year over year on 14% ARPU growth; net adds 700,000 despite exit of just over 1 million international hard-bundle subscribers with ARPU under $1; DTC EBITDA expected to face margin pressure in Q3-Q4 as content slate ramps.
• UFC partnership performance cited as ahead of plan: more than 10 million households watched over 100 million hours; average viewership over 15x recent pay-per-view averages; ad demand exceeded expectations; ad business expected to return to growth in second half, led by DTC gains outweighing TV Media declines.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Paramount Skydance Corporation published the original content used to generate this news brief on May 07, 2026, and is solely responsible for the information contained therein.