Sentiment · FY2026 Q1
What companies say about each other on earnings calls — extracted verbatim from public transcripts. Mentions from the newest quarter are a Pro feature.
“We advised on the three largest deals so far this year—Paramount, McCormick, and EQT/AES—demonstrating how we are far better penetrating the C-suite.”
Citi advised on the Paramount transaction, one of the three largest M&A deals of the year, a read-through on Paramount's major M&A activity.
“we launched interactive ads to beta through our partnership with Paramount, to promote their movie Running Man”
Paramount partnered with Reddit as a launch advertiser for its new interactive ad format promoting the film Running Man, a Reddit-native marketing channel for Paramount.
“We have a new slate of licensed titles from Paramount which is gonna bring a lot of new series and television shows that Netflix has never had around the world.”
Netflix has a new content-licensing slate from Paramount, a partner/supplier read-through for PSKY as a licensor of series and TV to Netflix globally.
“put us in a very different kind of business than perhaps what you are witnessing with Paramount, Netflix, and Warner Brothers, what their ambitions may be.”
Comcast contrasts its diversified business with Paramount amid industry consolidation, a read-through on Paramount Skydance's strategic ambitions.
“our 7-year agreement for UFC with Paramount ushers in a new era, making UFC's 43 annual events available to all Paramount+ subscribers in the U.S.”
TKO's 7-year UFC media rights deal makes all 43 annual UFC events available on Paramount+, a major content win for Paramount.
“On Paramount/Warner Bros., I would say we have had good relationships with those companies for a long, long time.”
EchoStar/DISH's programming vendor Paramount is party to a proposed Paramount/Warner Bros. deal; management flags further content-cost concentration among its distributors.
“we announced a significant media rights agreement with Paramount in the U.S., Canada and Latin America.”
Paramount also secured Zuffa Boxing media rights across the U.S., Canada and Latin America, extending its sports-rights buildout beyond the UFC deal.
“UFC's 7-year $7.7 billion agreement with Paramount to bring UFC to Paramount+ and CBS in the U.S. places us squarely in the sports mainstream and doubles the AAV of our previous agreement.”
Paramount is committing $7.7B over 7 years for UFC U.S. rights on Paramount+ and CBS, a major premium-sports content acquisition anchoring Paramount's streaming and broadcast portfolio.
“CBS is a phenomenal partner producing NFL games with us, and we're thrilled to work with them again this year on Christmas Day.”
Management credits CBS (Paramount Skydance) as a valued production partner for Netflix's NFL Christmas Day broadcast, continuing the arrangement into a second year.
“you'll see advertising that's really compelling helping support the Spectrum products from Disney, from Max, from Paramount Plus”
Paramount Plus is bundled into Charter's Spectrum TV Select service with joint advertising support, reinforcing its distribution partnership with Charter.
“it's probably similar to Fox's relationship with the NFL is the anchor of their flywheel is really their reach and the anchor of their reach is really the reach of both CBS and Fox on Sunday afternoons.”
Paramount frames Fox as a fellow NFL Sunday broadcaster relying on regionalized reach, a peer/competitor read-through on Fox's NFL relationship.
“First, we couldn't be more thrilled about the way the UFC partnership has started. UFC 324 was really a phenomenal start for us. We reached approximately 7 million households across the U.S. and Latin America and was also the platform's largest exclusive live event to date.”
Paramount's new exclusive streaming home for the UFC (owned by TKO) started ahead of expectations with strong households and ad demand, a positive read-through for TKO's UFC.
“Finally, I'll briefly address our proposal to acquire Warner Bros. Discovery. On Monday, we submitted a revised bid of $31 per share, all cash, and we look forward to continuing to engage with their leadership team and Board.”
Paramount Skydance submitted a revised $31/share all-cash bid for Warner Bros. Discovery, a direct M&A read-through on WBD.
“we ended up doing 2 deals with the 2 largest agencies, Publicis and IPG.”
Paramount signed broad multiyear advertising deals with IPG (Interpublic) including revenue commitments, a positive win for the agency.
“we ended up doing 2 deals with the 2 largest agencies, Publicis and IPG.”
Paramount signed broad multiyear advertising deals with Publicis including revenue commitments, a positive win for the agency.
“our landmark collaboration with Activision to bring Call of Duty to life on the big screen”
Paramount is partnering with Activision to adapt Call of Duty into a feature film, a content-licensing collaboration for the game franchise.
“we're currently in the middle of an Oracle Fusion integration.”
Paramount is deploying Oracle Fusion as its new enterprise system to drive operational efficiency, indicating an enterprise-software win for Oracle.
“we could not be more excited about our partnership with TKO, Dana White and UFC.”
Paramount frames its UFC rights deal with TKO as a cornerstone content investment expected to drive Paramount+ subscriber growth and engagement, a positive demand signal for TKO's UFC property.
“In June, we signed a new deal with DIRECTV that includes a curated selection of Paramount's most popular networks across entertainment, news and sports and various DIRECTV genre packs and we're nearing the completion of our upfront where we see strong advertiser demand for sports and entertainment program.”
Paramount renewed and expanded its distribution/carriage deal with DIRECTV shortly before the Skydance merger closed.
“Now looking ahead under David Ellison's leadership, the next chapter of Paramount is sure to be another historic one. We'd like to thank David and the Skydance RedBird teams of Jeff Shell, Andy Gordon and Cindy Holland for their partnership throughout this transition.”
Outgoing Paramount management expresses confidence in Skydance's incoming leadership team ahead of the deal closing.
“As we detailed in the 8-K filed last week, we expect the Paramount Skydance Transaction to close on August 7, 2025. As a result, this will be our last earnings call with the company in its current configuration.”
Paramount's merger with Skydance Media is set to close August 7, 2025, ending Paramount's run as an independently traded company.
“they're absolutely a preferred partner. We love working with them and David and what he and his team have built and so much so that we've invested in them.”
Paramount describes independent producer 101 Studios, Taylor Sheridan's production banner, as a preferred creative partner in which it has taken a direct equity stake.
Paramount Skydance delivered a strong first full quarter under new leadership, with DTC growing 10% and Paramount+ up 17%. UFC 324 reached approximately 7 million households, exceeding partnership expectations. Management reaffirmed 2026 guidance on both revenue and adjusted EBIT of $3.8 billion, while a WBD acquisition bid signaled strategic ambition and investment-grade targeting continued.
Competitive Dynamics | Revenue Growth | Margin | Subscriber Growth | Capital Allocation | Capex Investment | M&A | Innovation & R&D | |
|---|---|---|---|---|---|---|---|---|
| 2024Q3 | 4 | 2 | 4 | |||||
| 2024Q4 | 4 | 2 | 2 | 2 | 2 | 1 | ||
| 2025Q1 | 5 | 4 | 1 | 1 | 1 | 2 | ||
| 2025Q3 | 2 | 1 | 3 | 2 | 3 | 4 | 1 | 1 |
| 2025Q4 | 3 | 2 | 1 | 3 | 1 | 1 | 1 | |
| 2026Q1 | 2 | 2 | 1 | 2 | 1 | 1 | 1 | 2 |
| '24Q3 | '24Q4 | '25Q1 | '25Q3 | '25Q4 | '26Q1 | |
|---|---|---|---|---|---|---|
| Competitive Dynamics | 4 | 4 | 5 | 2 | 3 | 2 |
| Revenue Growth | 2 | 2 | 4 | 1 | 2 | 2 |
| Margin | 4 | 2 | 1 | 3 | 1 | 1 |
| Subscriber Growth | 2 | 1 | 2 | 3 | 2 | |
| Capital Allocation | 2 | 3 | 1 | 1 | ||
| Capex Investment | 1 | 1 | 4 | 1 | ||
| M&A | 2 | 1 | 1 | 1 | ||
| Innovation & R&D | 1 | 1 | 2 |
| Analyst | Firm | Questions (Challenge)Percentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. |
|---|---|---|
| Steve Cahall | Wells Fargo | 8 (13%) |
| Rob Fishman | MoffettNathanson | 7 (29%) |
| Kutgun Maral | Evercore ISI |
| Rich Greenfield | LightShed Partners | 5 (20%) |
| Ben Swinburne | Morgan Stanley | 4 (0%) |
| Mike Morris | Guggenheim | 4 (0%) |
| Bryan Kraft | Deutsche Bank | 2 (0%) |
| Peter Supino | Wolfe Research | 2 (0%) |
| John Hodulik | UBS | 2 (0%) |
| Ric Prentiss | Raymond James | 2 (0%) |
| Firm | Analysts | Questions (Challenge)Percentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. |
|---|---|---|
| Wells Fargo | 1 | 8 (13%) |
| MoffettNathanson | 1 | 7 (29%) |
| Evercore ISI | 1 | 6 (0%) |
| Morgan Stanley | 2 | 5 (0%) |
| LightShed Partners | 1 | 5 (20%) |
| Guggenheim | 1 | 4 (0%) |
| Wolfe Research | 1 | 2 (0%) |
| Deutsche Bank | 1 | 2 (0%) |
| Company | Score | Trend | Rev YoY |
|---|---|---|---|
PSKY Paramount Skydance Corp | 6 | +2.2% | |
| DIS The Walt Disney Company | 7 | +6.5% | |
| FOX Fox Corporation (Class B) | 5 | -8.6% | |
| LYV Live Nation Entertainment | 7 | +12.2% | |
| NFLX Netflix, Inc. | 8 | +16.2% | |
| NWS News Corp (Class B) | 7 | +8.8% | |
| TKO TKO Group Holdings | 8 | +25.9% | |
| WBD Warner Bros. Discovery | 4 | -0.8% |