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Can Skydance Escape Its $80 Billion Debt Burden?
Experts who spoke to TheWrap are skeptical the David Ellison-led media giant can hit its financial targets without additional action, such as more cost cuts, raising equity or asset sales Skydance CEO David Ellison is ready to go…
Summary
Experts who spoke to TheWrap are skeptical the David Ellison-led media giant can hit its financial targets without additional action, such as more cost cuts, raising equity or asset sales Skydance CEO David Ellison is ready to go toe-to-toe with Netflix, Disney and the rest of Hollywood after closing the Paramount-Warner Bros. Discovery merger. But his greatest foe isn’t CEOs Ted Sarandos or Josh D’Amaro – it’s the nearly $80 billion in net debt that he will need to chip away at as soon as possible.
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