Deadline· 17h

Skydance Credit Rating Cut By Fitch Citing Heavy Debt Load, Integration, Execution Risk

Fitch on Tuesday cut its debt rating on the new Skydance citing “significant execution and integration risks” and higher leverage of a merged Paramount and Warner Bros. Discovery. The deal formally closed today.

• Variety Skydance Credit Rating Downgraded by Fitch on Massive Debt in Wake of Paramount-Warner Bros. Merger↗