The numbers

$30 billion —Paramount’s expected total revenue for 2026, led by an acceleration in DTC revenue with global profitability.

$3 billion —Cost savings from merger with Skydance, up from an estimated $2 billion.

-12% —Ad revenue declined to $1.465 billion.

600 —Number of employees who took a voluntary severance package after being “unable or unwilling to return to the office full time,” which will begin in January 2026.

The watercooler talk

Paramount Skydance executives were tight-lipped about potential Warner Bros. Discovery acquisition rumors at the company’s first post-merger earnings call on Monday. However, the company’s CEO, David Ellison, noted that there are “no must-haves” when it comes to mergers and acquisitions. He added, “First and foremost, we’re focused o

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