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UBS keeps 'sell' on Paramount Skydance despite Warner Bros Discovery deal clearing final hurdle

Market News
22 Sep 2026
Proactive Investors
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Neutral
UBS keeps 'sell' on Paramount Skydance despite Warner Bros Discovery deal clearing final hurdle

UBS maintained a 'sell' rating on Paramount Skydance even after the company resolved legal issues allowing its Warner Bros Discovery acquisition to proceed. The deal is expected to close by September 30, avoiding hefty delay fees. UBS highlighted risks including high leverage and reliance on legacy TV, despite merger synergies and content commitments. The settlement imposes film release targets and operational conditions to address antitrust concerns.

Paramount Skydance news is presented with Pluang's Media sector data for context. As of Sep 23, 2026 01:42 WIB, 10 of 45 Media-sector US stocks rose while 35 fell. Notable movers include Sirius XM Holdings Inc at USD 26.48 with 80% sell orders, Reddit Inc at USD 153.53 with 95% sell orders, and Match Group Inc at USD 41.97 with 100% buy orders.

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