Security status
The continuing Class B share transferred from Nasdaq: PSKY to NYSE: SKYD on 6 October 2026, when the issuer became Skydance Corporation. The ticker transition and one-warrant-per-share distribution are reconciled under the Index methodology. The distribution uses the verified $2.20 when-issued warrant close on 13 October as a valuation convention, not a 14 October warrant closing price. [2] [3] [5]
Security status reviewed
A studio, streaming and television portfolio
Before the Warner Bros. Discovery combination, Paramount reported Studios, Direct-to-Consumer and TV Media operations. The business combined film and television production with streaming subscriptions and advertising, and broadcast and cable distribution. Those activities provide the context for reading historical Paramount reports and comparing the original company with its much broader successor group. [1]
Completed corporate transition
The acquisition completed on 6 October 2026. The company became Skydance Corporation, with its continuing Class B shares trading on the New York Stock Exchange as SKYD. The Index keeps the PSKY identifier for the same share history. The combined company includes Paramount and Warner Bros. studio brands alongside streaming, news, sport and television assets. [2]
Fact reviewed
Separate shares and warrants
Eligible Class B holders of record on 5 October 2026 received one warrant per share on 13 October, initially exercisable at $12. The warrants began separate NYSE trading as SKYD.WS on 13 October, with an ex-dividend date of 14 October. The issuer distinguishes the ordinary shares from the warrants; a stock-price change alone does not describe the full distribution received by an eligible holder. [4] [5]
Fact reviewed
The Index reflects the one-warrant-per-share distribution with a capital-distribution adjustment from 14 October 2026. Prices strictly before that date are multiplied by (9.27 − 2.20) / 9.27, using the $9.27 share close and the verified $2.20 official when-issued warrant close on 13 October. This is the published valuation convention; $2.20 is not an observed 14 October warrant closing price. The share remains the constituent, and the separately traded warrant is not an additional constituent. [4] [5]
Fact reviewed
In the Global Entertainment Index
Listed-market context
USD total returns through , using the Index's adjusted price series. Not live quotes. Past performance does not predict future results.
1.22% target weight at rebalance. Weights drift between rebalances; this is not a live portfolio weight.
Compare Skydance Corporation with the IndexSource: Index constituent data. Read the calculation and limits.
Sources & review
Company facts use the primary sources below. Market classification and performance come from the Index. Ownership is a parent-group summary, not a complete beneficial-ownership analysis.
- Paramount Skydance first quarter 2026 Form 10-Q
- Paramount completes acquisition of Warner Bros. Discovery, 6 October 2026
- Skydance — completion and listing transfer Form 8-K, 6 October 2026 Published 2026-10-06
- Skydance — warrant distribution Form 8-K, 13 October 2026 Published 2026-10-13
- Skydance — separate trading of Class B shares and warrants, 14 October 2026 Published 2026-10-14