Paramount Skydance Corporation Class B Common Stock (PSKY) Stock

Paramount Skydance Corporation Class B Common Stock (PSKY) is a Communication Services stock trading at $10.16 (as of 2026-08-20), with a market capitalization of $11.38B. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Paramount Skydance Corporation is a media and entertainment company that operates streaming and television networks plus filmed entertainment. Its segments cover television media (including CBS network and stations, cable networks, studios, syndication, and digital properties), direct-to-consumer streaming services, and filmed entertainment content for audiences worldwide.

Understand Paramount Skydance Corporation Class B Common Stock: how it makes money

Paramount Skydance operates media, streaming, and entertainment businesses, earning money from TV Media networks and stations, Direct-to-Consumer streaming (including Paramount+ with SHOWTIME), and Filmed Entertainment.

The company’s Direct-to-Consumer performance is structurally driven by Paramount+ subscriber momentum, meaning how new subscriber additions and churn trends translate into a growing recurring subscriber base.

Revenue by segment (latest quarter)
TV Media	$4.0B
Direct-to-Consumer	$2.2B
Filmed Entertainment	$0.7B

Business quality (Weak): Segment reporting is clear (TV Media, Direct-to-Consumer, Filmed Entertainment), and the most visible operating focus in this dataset is Paramount+ subscriber additions and churn improvement.

Bull case

Paramount+ subscriber momentum: The provided operating metrics show Paramount Plus Subscriber Additions of 700000.0 and Paramount Plus Churn Improvement of 70.0, which together indicate positive subscription dynamics.
Diversified revenue across three segment lines: Revenue is spread across TV Media (4.0B), Direct-to-Consumer (2.2B), and Filmed Entertainment (0.69B), which reduces reliance on a single segment within the information provided.

Bear case

Subscription dynamics risk: Because key operating metrics center on Paramount+ subscriber additions and churn improvement, weaker subscriber additions or worsening churn trends would directly pressure Direct-to-Consumer momentum.
Segment revenue mix concentration: TV Media represents the largest provided segment revenue (4.0B), so changes in TV Media performance could have an outsized impact on overall results versus the smaller Filmed Entertainment contribution (0.69B).

Valuation — source: SEC EDGAR (first-party)
Price	$10.16
Market Cap	$11.38B
EV / EBITDA	4.6
Price / Book	0.89
Price / Sales	0.43
FCF Yield	7.3%
DCF Value (model)	$7.74
DCF Upside vs Price	-23.8%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$12.27B
Net Margin	-4.8%
Revenue Growth (YoY)	-58.0%
EPS Growth (YoY)	-94.3%
FCF Growth (YoY)	-33.9%

Financial Health — source: SEC EDGAR
Altman Z-Score	0.52 (distress)

Valuation vs Sector & Industry
Sector P/E (Communication Services)	24.4
Industry P/E (Communication)	17.9

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	VANGUARD GROUP INC ($482.48M)
Institutional Holders Tracked	10
Congressional Trades (recent)	3

Company
Sector	Communication Services
Industry	Communication
CEO	David Ellison
Employees	18,600
Country	US
IPO Date	2005-12-05

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Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.