S&P Puts Paramount Skydance Negative Credit Watch

S&P Puts Paramount Skydance Negative Credit Watch

The ratings firm cited rising debt after acquiring Warner Bros. Discovery for revising its credit outlook, while affirming the 'BB+ rating.

Paramount Skydance has been put on a watch by S&P Global for a possible credit rating downgrade after the studio prevailed against Netflix with a $31 per share bid to merge with Warner Bros. Disc… [+1984 chars]