{"id":2147418,"date":"2025-11-10T21:24:15","date_gmt":"2025-11-10T21:24:15","guid":{"rendered":"https:\/\/celebrity.land\/en\/?p=2147418"},"modified":"2025-11-10T21:24:15","modified_gmt":"2025-11-10T21:24:15","slug":"david-ellison-goes-public-paramount-releases-first-earnings-report-since-skydance-takeover","status":"publish","type":"post","link":"https:\/\/celebrity.land\/en\/david-ellison-goes-public-paramount-releases-first-earnings-report-since-skydance-takeover\/","title":{"rendered":"David Ellison Goes Public: Paramount Releases First Earnings Report Since Skydance Takeover"},"content":{"rendered":"

<\/p>\n

David Ellison<\/a> is ready to take his pitch for Paramount<\/a> public.<\/p>\n

The entertainment company reported its third quarter earnings Monday, its first earnings report under the leadership of CEO David Ellison, and the ownership of his Skydance.<\/p>\n

Ellison<\/a> penned a shareholder letter, writing that scaling its direct-to-consumer business \u201cis our top priority\u201d alongside \u201csupercharging\u201d its creative. Ellison also said that the company is launching a \u201ccomprehensive strategic review\u201d so that it can determine whether to divest other non-core assets, beginning with Telefe<\/a> in Argentina.<\/p>\n

The company is targeting $30 billion in revenue in 2026, with cost savings of $3 billion expected, up from the previously announced $2 billion.<\/p>\n

The company reported $6.7 billion in Q3 revenue, with operating income of $324 million.<\/p>\n

Ellison and Skydance<\/a> assumed control of Paramount in early August, with goals of turning the beleaguered entertainment company into a \u201cnext-generation media and technology leader, positioned to win in today\u2019s rapidly transforming media landscape.<\/p>\n<\/div>\n

\u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n

\u2018 Some details of this article were extracted from the following source www.imdb.com \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

David Ellison is ready to take his pitch for Paramount public. The entertainment company reported its third quarter earnings Monday, its first earnings report under the leadership of CEO David Ellison, and the ownership of his Skydance. Ellison penned a shareholder letter, writing that scaling its direct-to-consumer business \u201cis our top priority\u201d alongside \u201csupercharging\u201d its […]<\/p>\n","protected":false},"author":2,"featured_media":2147419,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[25177],"tags":[25538,31714,21751,22556,21993,22860,21912,21738,24141,22205,21913],"class_list":["post-2147418","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-celebrities","tag-actors","tag-actresses","tag-celebrities","tag-directors","tag-films","tag-hollywood","tag-movies","tag-news","tag-stars","tag-television","tag-tv"],"jetpack_featured_media_url":"https:\/\/celebrity.land\/en\/wp-content\/uploads\/2025\/11\/David-Ellison-Goes-Public-Paramount-Releases-First-Earnings-Report-Since.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2147418","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/comments?post=2147418"}],"version-history":[{"count":1,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2147418\/revisions"}],"predecessor-version":[{"id":2147420,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2147418\/revisions\/2147420"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/2147419"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2147418"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2147418"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2147418"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}