Skydance co-CEOs say they can reduce debt while investing in content

Deadline reports that Skydance co-CEOs David Ellison and Ynon Kreiz addressed concerns that debt approaching $80 billion could squeeze production after the Paramount–Warner Bros. Discovery merger. Kreiz said the company intends to reduce its leverage ratio by 2029 while investing in content. Ellison argued it can operate more efficiently and spend more on content at the same time.