# Skydance maps out six billion dollar cost cuts

> The combined media giant details where it will find savings across streaming, studios and corporate functions over three years.
- Title: Skydance maps out six billion dollar cost cuts · CNBC
- Summary: The combined media giant details where it will find savings across streaming, studios and corporate functions over three years.
- Keywords: skydance, paramount, warner bros. discovery, cost cuts, streaming consolidation, corporate restructuring, CNBC
- Source: CNBC — https://cnbc.com/2026/11/09/skydance-cost-savings-breakdown.html
- Author: Sarah Whitten
- Published: 2026-11-09T21:28:40+00:00
- Read time: 1 min
- Topics: skydance, paramount, warner bros. discovery, cost cuts, streaming consolidation, corporate restructuring, business, finance
## Six billion dollar savings plan
Skydance announced it will cut at least six billion dollars in costs over the next three years by combining duplicate operations across its merged Paramount and Warner Bros. Discovery businesses.

> By combining two global streaming services, two film and TV studio groups, two television portfolios, and overlapping corporate functions, we can reduce duplicative spend across an expense base of more than fifty billion dollars.
## Back-office cuts lead the way
At least two point two billion dollars will come from eliminating redundant back-office and corporate functions, including management layers, increased artificial intelligence use, and rationalizing office space.
## Marketing and streaming savings
Skydance expects one billion dollars from streamlining marketing and promotional spending, and one point four billion from unifying streaming businesses and integrating back-end technology platforms.
## Third-party spending cuts
A final one point four billion dollars in savings will come from optimizing third-party spend, eliminating overlapping expenses, and consolidating purchasing decisions to one centralized group.
## Cuts already underway
Skydance has begun offering voluntary buyouts to employees, adopted a five-day-per-week in-office policy, and saw eight executives depart last week, four from each legacy company.
## Streaming bundle coming early next year
Skydance will offer a bundle of Paramount Plus and HBO Max streaming services early next year at greater value, moving toward eventually merging the two platforms into a single service.
## Key takeaway

Skydance outlined how it will achieve at least six billion dollars in cost savings over three years by consolidating duplicate operations across its merged Paramount and Warner Bros. Discovery businesses.