Paramount Skydance Could Receive Up to $8bn for Turner Networks Sale
Paramount Skydance, led by David Ellison, may be able to receive up to US$8bn plus additional legal relief if it agrees to sell Warner Bros. Discovery’s Turner networks to help settle two lawsuits over Paramount’s Warner Bros. acquisition. Analysts cite Turner’s earnings and a potential sale multiple, though uncertainty and streaming pressures could complicate future deals.