Businessmarkets
Skydance Faces High-Wire Act Managing $80 Billion Post-Merger Debt
David Ellison's newly formed media giant Skydance is facing an unprecedented financial challenge following its acquisition of Warner Bros. Discovery. The company carries nearly $80 billion in debt and operates on a tight three-year runway to significantly reduce its leverage. Analysts from major credit ratings agencies warn that the integration process will require strict operational discipline. Skydance has committed to achieving $6 billion in operational savings, which is expected to involve difficult staff cuts and strategic restructuring.