According to its announcement on November 9, Skydance plans to cut $6 billion in costs over three years following its October completion of the merger with Warner Bros. Discovery. The company targets cost reductions of approximately 30% in the first year and will launch a combined HBO Max and Paramount+ bundle in early 2027. Cost cuts will focus on corporate management ($2.2 billion), real estate ($2.2 billion), marketing ($1 billion), and technology ($1.4 billion). The merged entity holds combined debt of $87 billion and cash of $10 billion. Paramount+, HBO, and HBO Max collectively serve 203 million global subscribers.
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