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Skydance’s Credit Rating Falls Further Into Junk Bond Status Following Paramount WB Merger

John Campea

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In this clip John, Robert and Jonathan talk about a report that Skydance’s credit rating has once more been dropped post merger with Warner Bros.

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20 Comments

@djparaense 1 day ago

I've said it before, WB is destined belonging to Netflix, next time to Paramount in the package, the Ellisons are just shaping it for them.

@Latinkon 1 day ago

Netflix likely playing 4D chess at this rate with them waiting in the wings to acquire WB years later.😅

@scotthallinan4609 1 day ago (edited)

Praying the Ellisons lose IT ALL. NOT for the failure of the company just that they get pushed out.

@LancerX916 1 day ago

Netflix is going to love the fire sale in about 3 to 5 years, when they can pick up Skydance for pennies on the dollar.

@TheCrackinskullzx0 1 day ago

Can’t wait for the strangers things and Superman crossover. Paramount fought so hard for everything and Netflix is going to buy it all for pocket change

@socialistprofessor3206 1 day ago

Wow, sounds like student loans in the US.

@liferealgood33 1 day ago

They’ll be borrowing some money soon to make movies. The interest is gonna be high asf though. Then add that “Digger” was a $150 million loss.

@KingOfMadCows 1 day ago

Paying near credit card level interest rates on that much debt is insane.

They've already had to get over $20 billion from Middle East sovereign wealth funds. There probably aren't many other places they can get more investments. Things aren't exactly going great in the Middle East and I doubt the Saudis, UAE and Qatar have that much more money they can kick in.

@phantomthiefzx 1 day ago

Skydance will eventually kill both this merger and the movie theater business in a few years

Mark my words

@M3D23 1 day ago

This deal made no sense for Paramount, for the film industry, for the consumer this is just a lose lose lose situation for everyone

@happinessis 1 day ago (edited)

Forget the Poltergeist curse and the real human skeletons in the swimming pool—the Skydance takeover of Warner Bros is much scarier and just in time for Halloween 🎃

@TheShrouded 1 day ago

Back when Disney bought Fox for $71b, they recouped over $25b from the assets that they were forced to sell. This meant they only effectively spent around $45b.
WPSky is going to have to sell off a lot of assets and business units. So, how much would their debt end up being?

@erikloroff132 1 day ago

I'm just confused why they chose skydance for the joint name when the orginial 2 companies have nothing to do with skydance lol. Didnt paramount and skydance merge a while ago?

@pennycopperhatch9315 17 hours ago

Unfortunately they will get rid of "those" people that make more money and been there the longest, eventhough they have the greatest knowledge!....
Thats the way it is in present day business!...

@dirkfierce2525 1 day ago

Ellison knows that with two icons like Paramount and WB it's a relatively easy Chapter 11 restructuring if things go sideways.

@89DrFunk 18 hours ago

Man Jon I remember in college in the late 90s I was always approached on the pyramid scheme business model....😂😂😂

@joebarlow6676 16 hours ago

Literally rewatching patton on my laptop as I’m watching this video hahaha

@KICKBOXER27 12 hours ago

I knew this merger was a financial let down and a risk. David Ellison didn't fully look at the bigger picture when he decided to go after WBD.

@rizahalim1994 9 hours ago

Skydance deliberately let its stock get downgraded to junk status so Larry Ellison could buy Paramount Warner Media on the cheap, without taking on its debt.