Paramount Skydance increased its revenue by 2% in Q4 2026, reaching $8.15 billion.
Led by David Ellison, the company continues its efforts to acquire Warner Bros. Discovery (WBD) from Netflix. The Direct-to-Consumer (D2C) division grew 10% to $2.21 billion. Revenue from Paramount+ rose 17% to $1.84 billion, adding 1.1 million new subscribers for a total of 78.9 million globally. Pluto TV revenue declined 16%, although the platform saw “healthy growth in time spent.”
In the TV media segment, which primarily includes linear cable networks, revenue fell 5% to $4.71 billion, driven by declines in advertising and affiliate fees. The film division saw a 16% increase in revenue, reaching $1.26 billion.
The company posted an operating loss of $339 million, while operating income before depreciation and amortization was $612 million.
Ellison described WBD as a potential “accelerant” for Paramount’s long-term plans, though the ongoing discussions were not discussed in detail.
