Entertainment

Paramount Q2 Profit Dips Despite Streaming Growth

Updated 2026-08-04 20:10 UTC 1 source Negative

Paramount Skydance reported a dip in second-quarter profit, with streaming media and studios operations providing some relief. The company's TV division faced challenges, but CEO David Ellison remains optimistic about the acquisition of Warner Bros. Discovery.

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Variety
Paramount Skydance said second-quarter profit fell, even as the company was boosted by its streaming media and studios operations, while its large TV division shed ad dollars and subscribers. David Ellison, the company’s CEO, vowed that its deal to acquire Warner Bros. Discovery would close, d
2026-08-04 20:03 UTC
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