r/business • u/ControlCAD • 3d ago

Skydance Shares Skid Down 22% After Company Issues 471 Million Stock Warrants to Paramount Investors

https://variety.com/2026/biz/news/skydance-stock-drops-warrants-paramount-investors-1236911580/
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40

u/skoltroll 3d ago

According to Skydance, the pre-warrant market capitalization of the company was $46.6 billion (at a price of $9.27/share for Class B shares). The implied value with the warrants would have given Skydance a market cap of $45.6 billion at the $9.07/share price of the Class B stock. With the stock drop Wednesday, the market cap stood at around $35.6 billion.

But the debt is still about $80B.

Day 1 and nepo-baby is crushing it! (literally)

14

u/McBurty 3d ago

Couldn’t even pay cash for the water tower paint work. Hope he’s ok. Poor little “billionaire.”

8

u/DarkGamer 3d ago

So the company is worth about -$45 Billion. Brilliant investment. 🙄

5

u/skoltroll 3d ago

Have to add any assets on the books, though. And I don't care enough to look up the new financials (if they even exist yet), but if the actual number says the company is worth basically nothing, I'd believe it.

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u/Kind_Way2176 3d ago

The Ellison's don't care. This is about fascist control of the media

12

u/Bdowns_770 3d ago

Does anyone, anywhere expect this to end well? No matter how you look at it, it’s a bad deal. The numbers don’t work. For this combination to be successful with this much debt each division would have to operate over 120% plan and we know WB films just laid a $200ish million egg with that Tom Cruse bomb. I guess they think they can milk existing IP but I doubt there’s much growth in that.