According to its Q3 earnings report, Skydance announced on November 9 plans to cut $6 billion in annual expenses within three years following its October acquisition of Warner Bros. Discovery. The company targets approximately 30% of the reductions in the first year, including $2.2 billion from corporate and real estate cuts, $1 billion from marketing, and $1.4 billion from technology costs. Skydance also plans to integrate HBO Max and Paramount+ into a combined streaming service within one year, as the merged entity operates 203 million global subscribers across its streaming platforms and traditional media assets.

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