{
  "id": 19250846,
  "title": "See what Skydance's CEOs said to employees after exceeding estimates in first earnings report",
  "url": "https://urgent.news/2026/11/09/see-what-skydances-ceos-said-to-employees-after-exceeding-estimates",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-09T23:58:30.000Z",
  "source": {
    "name": "Business Insider",
    "slug": "business-insider",
    "url": "https://www.businessinsider.com/skydance-q3-earnings-read-the-memo-ellison-paramount-wbd-deal-2026-11"
  },
  "original_language": "en",
  "account": "Skydance's Chief Executives Ynon Kreiz and David Ellison expressed their gratitude to employees following their company's strong first earnings report. In an email to staff, Ellison and Kreiz attributed their success to the team's contributions. The media conglomerate's Paramount side met its revenue targets and surpassed profit projections in the third quarter, marking their first quarter since the merger with Warner Bros. Discovery. In their post-earnings memo, Ellison and Kreiz outlined their three main objectives: becoming the leading global content provider, advancing their direct-to-consumer platform, and optimizing their profitable linear TV portfolio, which includes CBS. The CEOs emphasized Skydance's size and library of iconic assets, such as Warner Bros., Paramount, HBO, and CBS, as key factors in competing with tech giants like Netflix and YouTube. Despite the positive earnings report, Skydance's shares experienced a decline in after-hours trading, with a 2% drop after initially surging over 4%. Investors remain cautious due to the company's substantial debt of $79 billion, which remains a source of concern. Some analysts, including Forrester's Mike Proulx, have expressed worries about Skydance's ability to profitably grow amidst the debt burden. However, Ellison and Kreiz remain confident in their company's potential, attributing their success to the hard work and dedication of their employees.",
  "summary": "See what Skydance's CEO David Ellison and co-CEO Ynon Kreiz told employees after beating earnings estimates in the new company's first quarter.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}