In his first week as the new owner and CEO of
#Paramount Skydance,
#DavidEllison has wasted no time differentiating himself from the previous ownership group. With a $1.5 billion dollar deal for
#SouthPark and a blockbuster $7.7 deal to land UFC for the next seven years, he has already committed billions in just his first week on the job, and may not be done writing big checks.
But considering the company has struggled with profitability in recent years, recording an operating loss of $5.27 billion in 2024, it’s reasonable to wonder how Paramount plans to recoup the value for the $1.1 billion per year it will pay on average to the
#UFC, and whether in an effort to outbid competitors like Amazon and Netflix it paid too high a price.
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