After Warner Bros. merger, changes are coming to the historic Paramount lot. Here's what to expect [Los Angeles Times (CA)]
Paramount Skydance Corporation - Class B (PSKY)
Company Research
Source: Los Angeles Times
The company plans to shift most production to Warner Bros.' Burbank lot while leasing out space at its historic 65-acre Melrose Avenue lot. Preapproved redevelopment plans could add 1.4 million square feet of new production, office and retail space while preserving the studio's historic character. With Paramount Skydance's acquisition of Warner Bros. expected to saddle the combined company with $79 billion in debt, Paramount executives are looking to do away with redundant assets including real estate — and there is a lot of that. Chief in the public's imagination are their historic studios in Burbank and Hollywood, where legendary films and television show have been made for generations and continue to operate year-round. “Both of these studios are in the core [30-mile zone,] the inner circle of where Hollywood talent wants to be,” entertainment property broker Nicole Mihalka of CBRE said. “It's very prime real estate.” When Sony and Apollo were bidding for Paramount in ea
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News
- Paramount CEO David Ellison: Warner Bros. deal is pro-competitive and pro-consumer [CNBC]CNBC
- David Ellison: The Warner Bros. transaction will be positive for both CBS News and CNN [CNBC]CNBC
- Watch CNBC's full interview with Paramount Skydance CEO David Ellison [CNBC]CNBC
- Netflix Calls It Quits on Warner Bros. Acquisition. Is the Stock a Buy? [Yahoo! Finance]Yahoo! Finance
- ITV CEO on Paramount-WBD and ITV Studios After Banijay, All3Media Megadeal: “We Don't Feel It Will Have Any Impact on Us” [Yahoo! Finance]Yahoo! Finance
PSKY
Earnings
- 2/25/26 - Miss
PSKY
Sec Filings
- 3/4/26 - Form 4
- 3/3/26 - Form 4
- 3/3/26 - Form 4
- PSKY's page on the SEC website