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Skydance offers buyouts to some employees to cut costs after Warner Bros merger reut.rs/4BIe1sm

reut.rsSkydance offers buyouts to some employees to cut costs after Warner Bros mergerSkydance is offering some employees a one-time voluntary buyout, according to a memo seen by Reuters on Monday, as the media company looks to cut ‌costs after scooping up bigger rival Warner Bros Discovery and assuming its massive debt.

26/10/26, 7:40 pm12 reposts22 likes

Emily

@emilyyour8.bsky.social

Skydance took on $80 billion in *junk rated* debt. They're paying over 7% on that debt - owing about $6 billion per year in interest alone. He's gonna have to fire a lot of people to cut costs that much. But it's pretty hard to make hit movies with no staff or cash.

jim-selover.bsky.social

@jim-selover.bsky.social

Sadly, the only "movies" they will likely be making will be right-wing AI slop movies. I am not looking forward to the their remake of "Boys in the 'hood" staring an all white AI cast portraying white males as the most discriminated against people ever. 🙄