Key Highlights

• Paramount Skydance's $0.05 quarterly Dividend trades ex-date September 15, 2026, payable October 1, yielding approximately 1.89%.

• Second-quarter Revenue reached $6.913 billion, with adjusted EBITDA up 27% to $1.099 billion; net Earnings were $41 million, or $0.04 per diluted share.

• Net earnings included $153 million of transaction-related costs tied to the pending Warner Bros. Discovery merger.

• The proposed WBD Merger has cleared regulatory approval in 68-69 jurisdictions, though litigation, including Supreme Court involvement, continues to delay closing.

Paramount Skydance's (NASDAQ:PSKY) $0.05 quarterly dividend trades ex-date September 15, payable October 1. Net earnings of $41 million included $153 million of Transaction Costs tied to the pending Warner Bros. Discovery merger, which has cleared 68-69 jurisdictions but faces continued litigation, including Supreme Court involvement.

Dividend Program and Shareholder Returns

Paramount Skydance declared a $0.05 per share quarterly dividend, payable October 1 to Class A and Class B shareholders of record September 15. The annualized dividend is $0.20 per share, unchanged through 2026.

About the Company

Paramount Skydance is a global media and entertainment company combining Paramount's film, television, news, sports and streaming Assets with Skydance's production capabilities, spanning Paramount Pictures, CBS, Nickelodeon, MTV, Paramount+ and related brands.

Financial Performance and Merger Status

Paramount Skydance reported second-quarter total revenue of $6.913 billion, up 1% year over year on a successor basis, with adjusted EBITDA of $1.099 billion, up 27%. Operating Income was $475 million. Net earnings attributable to the parent were $41 million, or $0.04 per diluted share, including $153 million of transaction-related costs tied to the pending Warner Bros. Discovery merger. Direct-to-Consumer segment revenue grew 9% to approximately $2.5 billion, with Paramount+ subscribers reaching 81.6 million. Studios revenue grew 16% to $1.3 billion. Management raised full-year 2026 adjusted EBITDA guidance to $3.8-$3.9 billion. The WBD merger has cleared approval in 68-69 jurisdictions, with litigation, including challenges from state attorneys general and Supreme Court involvement, estimated to have introduced approximately $1.88 billion of costs and continuing to delay closing.

Outlook

The remaining lawsuits' progress through the courts, any further extensions of tender and exchange offer deadlines, and continued Direct-to-Consumer and Studios momentum are the items management has pointed to as the merger process continues.