Paramount Skydance to Save $1B, Increases Streaming Prices
Update: 2025-11-11
Description
Paramount Skydance anticipates saving an additional billion dollars post-merger, as announced in their third-quarter earnings report. CEO David Ellison is focusing on streaming and new content, funded by cost-cutting measures. Paramount also revealed a new round of layoffs, impacting 1600 employees, and plans to raise Paramount Plus prices in Q1 2024 to fund content and technology improvements.
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