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

The caller Skydance’s quality to repay its monolithic indebtedness pursuing the megamerger of Paramount and Warner Bros. Discovery is being called into question by recognition standing bureau Fitch. Led by CEO David Ellison, Skydance opened for concern Tuesday with a astir unprecedented level of indebtedness for a ample media M&A transaction astatine astir $80 billion. […]