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Pathikrit Bose

The Sky Is Falling for Skydance Stock as Financial Concerns Mount. How to Play SKYD Here.

Paramount Skydance SKYD Warner Bros Netflix Streaming NFLX Paramount

The long-running saga of Paramount Skydance acquiring Warner Bros. came to an end on Oct. 6. Streaming giant Netflix (NFLX) seemed to have the deal in the bag for quite some time. However, the David Ellison-led company continued to sweeten the deal for Warner Bros. shareholders to the point that Netflix's final offer of $27.75 for the former's studios and streaming assets was not enough, and it had to back out of the deal.

Yet, the show must go on, they say. And so it is.

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