Paramount Skydance Corporation (PSKY) is the product of a dramatic, headline-grabbing merger that pairs Paramount’s century of iconic assets with Skydance’s lean, blockbuster-making machine. In this episode, we unpack the merger saga and the playbook: a fully integrated media strategy that aims to turn Skydance hits, CBS reach, and live sports into a powerful flywheel for Paramount+. We dig into the tensions of straddling a shrinking but still-cash-generating legacy TV business while financing an aggressive streaming pivot, the heavy debt and cultural-integration risks that come with the deal, and the fierce competitive landscape dominated by Disney, Netflix, Apple, and Amazon. Is PSKY a revitalized, hit-driven powerhouse with real runway under new leadership—or a high-risk bet racing the clock?

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