Entertainment
Skydance’s High-Wire Act Begins: Wall Street Scrutinizes Strategy for Juggling $80 Billion in Debt and a Three-Year Runway to Chop it Down
David Ellison moved mountains and fought off many detractors in his quest to acquire Warner Bros. Discovery. Now, as the transition is set to formally close on Oct. 6, the high-wire act is about to begin. The enlarged entity, to be known as Skydance, will carry a nearly unprecedented level of debt for a large […]