Skydance co-CEOs David Ellison and Ynon Kreiz touted the value of their Warner Bros acquisition during the company's Q3 earnings call Monday. Ellison said Skydance acquired approximately $40 billion in film franchises through the deal, calling the purchase a major strengthener of the overall portfolio. He added that a new movie will arrive on Skydance's service every other week, positioning film as a major driver of acquisition and engagement on the company's platforms.
The article headline indicates Skydance executives also criticized Warner Bros' film slate and that the deal will result in a $200 million profit hit in Q4, though those details are not elaborated in the provided report.