Skydance shares closed down 22% Wednesday to end the session at just over $7 after the company distributed warrants to investors.
—
Dade Hayes,
Deadline,
14 Oct. 2026
The drop came as the Skydance, led by chairman and CEO David Ellison, distributed about 471 million warrants giving holders of Paramount Skydance’s PSKY Class B shares the option to purchase stock in the new company.
Fear and loathing are running high as Hollywood processes Thursday’s shock firing of Bela Bajaria from her post as Netflix chief content officer.
—
Matt Donnelly,
Variety,
16 Oct. 2026
Atlas assembly overhaul The company released a nearly six-minute video showing how its manufacturing processes support rapid hardware development, letting engineers move from design changes to physical components and assembled robots faster.
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