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Benzinga
Benzinga
Business
Anusuya Lahiri

Paramount Skydance Turnaround Could Take Years To Materialize, Says Analyst

February,4,,2023,,Brazil.,In,This,Photo,Illustration,,The,Paramount

Paramount Skydance (NASDAQ:PSKY) faces a long and costly turnaround as it integrates Skydance and Paramount Global. Analysts warn that execution will take years.

Despite its potential as a global media powerhouse, Paramount Skydance must overcome restructuring hurdles, heavy content spending, and streaming losses.

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