Paramount and Warner Bros. Discovery have completed their $110 billion merger and will operate under the new name Skydance, announced by CEO David Ellison. The merger faced delays due to antitrust lawsuits from 12 states and the Writers Guild of America but was finalized with a 5-year consent decree to prevent monopoly concerns. The new name aims to preserve the legacy of both studios while creating a unified identity. Discovery Communications will no longer be part of the company name as the merged entity moves forward.
Paramount-WBD merger news provides context for media sector performance on Pluang. For readers following media stocks, here is Pluang's market snapshot as of Oct 02, 2026 19:52 WIB: Out of 45 priced US media stocks, 34 rose and 8 fell. AMC traded at USD 2.79 with a 1-day change of +1.09% and a typical hold time of 87 days. Zillow Group Inc Class A was priced at USD 28.71, up 1.06%, with 100% buy order activity. Nerdwallet Inc closed at USD 8.66, up 1.05%, also with 100% buy order activity.
UBS has maintained a Neutral rating on Nike stock following the company's fiscal first-quarter revenue falling short of estimates and its announcement of layoffs. Nike's shares dropped over 7% amid weak earnings guidance and expectations of further s...
Acuity Inc. reported strong fiscal Q4 earnings with adjusted EPS of $5.77, beating analyst estimates despite net sales of $1.244 billion falling just short of consensus. Operating profit rose 25.7% to $227 million, and operating margin expanded to 18...
Analysts from Robert W. Baird and Bank of America have lowered their price targets for Fair Isaac (FICO) due to changes in mortgage rules by Fannie Mae and Freddie Mac. These changes favor alternative credit scoring models like VantageScore, potentia...
Delta Air Lines stock is currently trading at $84.13, within a 52-week range of $55.03 to $95.68, reflecting steady investor interest. Analysts maintain a largely positive outlook, with an average brokerage recommendation of 1.24, indicating a sentim...
American Airlines will soon allow customers to book tickets using a combination of cash and AAdvantage miles through a new slider bar at checkout. This feature helps customers who don't have enough miles for a full ticket to reduce the cash amount ne...
