Paramount Posts Q3 Loss of $257 Million in First Earnings Post-Skydance Deal

Paramount posted a total loss of $257 million in its third quarter of 2025, including a $13 million loss under its new owner Skydance and $244 million under the media giant’s previous leadership, for its third quarter of 2025.

Additionally, total revenue was flat at $6.7 billion, which included $2.58 billion for the quarter under previous leadership and $4.12 billion under new leadership. The overall results were weighed down by declines in TV advertising and distribution fees.

Revenue in its streaming business grew 17% year-over-year to $2.17 billion, driven by a 24% increase in Paramount+ revenue to $1.77 billion.

Here are the results:

Net loss: A loss of $257 million, compared to a profit of $1 million in the year ago period.

Earnings…