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Benzinga
Benzinga
Business
Chris Katje

Paramount Lays Out Post Merger Plans: 'Painful' Layoffs, More Movies In Theaters, No Cable Spin-Offs

Paramount Jeff Shell Paramount Skydance David Ellison Cindy Holland UFC Nasdaq George Cheeks Skydance Donald Trump
February,4,,2023,,Brazil.,In,This,Photo,Illustration,,The,Paramount

Now that Paramount Skydance (NASDAQ:PSKY) has completed its long-awaited merger, investors want to know what's next for the company, especially with a soaring stock price after announcing a $7.7 billion deal with TKO Group Holding (NYSE:TKO) for the rights to UFC fights.

Company executives laid out future plans while meeting with the media this week. Here's what investors should expect going forward.

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