Skydance Credit Rating Downgraded by Fitch on Massive Debt in Wake of Paramount-Warner Bros. Merger

MusicNewsletter.com brief · 54m ago · 1 min read · via variety.com

The new Skydance’s ability to repay its massive debt following the megamerger of Paramount and Warner Bros. Discovery is being called into question by credit rating agency Fitch. Led by CEO David Ellison, Skydance opened for business Tuesday with a nearly unprecedented level of d

The new Skydance’s ability to repay its massive debt following the megamerger of Paramount and Warner Bros. Discovery is being called into question by credit rating agency Fitch. Led by CEO David Ellison, Skydance opened for business Tuesday with a nearly unprecedented level of d This story matters for Culture, Style & Media readers tracking music. Reported by variety.com. Read the full original at the source link below.

Originally reported by variety.com. MusicNewsletter.com curates and briefs the culture, style & media stories that matter. Our editorial policy →
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