Paramount Skydance Watch

Paramount-Warner’s Debt Load Becomes the New Deal Test

Thursday, July 9, 2026 · 3 min

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Paramount-Warner deal puts nearly $80 billion of debt at the center of David Ellison’s Hollywood scale play, raising pressure on streaming, sports rights, programming budgets, and credit risk.

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Paramount-Warner deal puts nearly $80 billion of debt at the center of David Ellison’s Hollywood scale play, raising pressure on streaming, sports rights, programming budgets, and credit risk.

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  1. Paramount-Warner Deal Saddles Combined Entity With $80B Debt — Wall Street Journal US Business

    Paramount-Warner Deal Saddles Combined Entity With $80B Debt HeadlinesBriefing.com ### Paramount-Warner Deal Saddles Combined Entity With $80B Debt Wall Street Journal US Business • July 8, 2026 at 9:00 PM ET David Ellison unveiled an $81 billion agreement to acquire Warner Bros. Discovery, promising a new Hollywood era built on scale and a slate of at least 30 theatrical movies annually. The…