Warner Bros merger to saddle Paramount Skydance with $79 billion debt
The Paramount Skydance-Warner Bros Discovery merger will create a combined entity that would have a net debt of about $79 billion, Paramount said on Monday, ruling out any plan to divest or spinoff the cable assets.
The companies will fold their streaming services, including Paramount+ and HBO Max, into a single platform, Paramount CEO David Ellison said on a call with analysts.
