Ratings Agencies Call Skydance, Paramount Merger Positive But See Risks In Long Lead Time, Linear TV Declines

S&P Global Ratings, the first to wave a red flag about Paramount’s finances last fall, today called the planned merger with Skydance “positive” but said it will continue to monitor the transaction, citing concern over the long lead time amid the ongoing decline of linear television. For now, the issuer credit rating remains ‘BB+’ with a […]