Bernstein lowers Skydance price target to $6, maintains underperform

Bernstein lowered Skydance's price target from $12 to $6. The rating remains Underperform. Analyst Laurent Yoon made the revision.

Skydance shares fall 24% as warrants begin separate trading

Skydance shares fell 24.30% to $7.01 as warrants began trading separately from common stock. NYSE adjusted Class B closing price down by $0.19368 to reflect warrant separation. Company targets $6 billion in synergies and net leverage of 3.0 times by end of 2029. Barclays cut price target to $7; StoneX lowered target to $11 following merger close.

Judge extends order blocking Trump's White House media ban

Judge Timothy Kelly extended preliminary injunction restoring White House press credentials. Court found no evidence national security was basis for initial ban by President Trump. Skydance Corporation closed at $9.27 up 1.2% while Versant Media Group rose 1.50%. Plaintiffs likely to succeed on due process and First Amendment claims according to ruling.

Paramount Skydance moves Class B listing to NYSE; sets warrant record date

Class B common stock moves from Nasdaq to NYSE on October 6, 2026. Record date for warrant distribution set for October 5, 2026. Approximately 470 million warrants expected to be issued. Exercise price capped at $16.02 and floored at $12.00 per share. Distribution contingent on closing of Warner Bros. Discovery merger.

Paramount Skydance reportedly approaches Elon Musk for Warner Bros. merger funding

Paramount Skydance CEO David Ellison reportedly approached Elon Musk for an equity investment to fund the Warner Bros. Discovery merger. Larry Ellison has already personally guaranteed over $40 million toward the deal financing. Elon Musk has an estimated net worth of $959 billion, while Larry Ellison holds $205 billion. Potential conflicts arise from Musk's ownership stake in media outlets like CNN and CBS via the merged entity. Paramount Skydance stock fell 0.35% to $10.08, and Warner Bros. Discovery dropped 0.37% to $30.72.

Paramount Skydance settles WBD merger hurdles with $1.5B CA pledge

Paramount Skydance settled with US states and the WGA to clear its $110 billion Warner Bros. Discovery merger. Agreement includes a $1.5 billion investment in California production and strict movie output quotas. Shares rose 10.09% to $11.24 on Monday following the resolution of the multistate antitrust challenge. Politicians including Elizabeth Warren and Chris Murphy criticized the deal as disastrous and illegal. Settlement avoids over $1 billion in potential ticking fees from delayed trial dates.