David Ellison on streaming competition
From Paramount Skydance Corp ($PSKY) Q1 2026 Earnings Call · · Castify Earnings Call
“By bringing these two businesses together, we really do build a scaled D2C competitor, and it accelerates our goal there. It gives you over 200 million D2C subscribers across more than 100 countries, which really does basically position us well to compete with the leading streaming services in the space.”
On , David Ellison, Chairman & Chief Executive Officer at Paramount Skydance Corp, spoke about streaming competition during Paramount Skydance Corp ($PSKY) Q1 2026 Earnings Call on Castify Earnings Call.
About David Ellison
On the company’s Q1 2026 earnings call, David Ellison reported that Paramount was off to a strong start in its first full year, with progress made in nine months. He stated that the company was executing deliberately against its priorities, including building out content ROI analysis and a vertical short-form product called Clips. Ellison said the studio was committed to 30 theatrical films per year, having doubled output from eight releases the prior year to 15 on the calendar. He described the goal of combining Paramount and Skydance as building a scaled direct-to-consumer competitor with over 200 million subscribers across more than 100 countries, and he noted a commitment to a balanced year-round programming strategy to drive engagement. Across recent earnings calls, Ellison outlined several strategic targets. He said the company had increased its run-rate efficiency target from $2 billion to at least $3 billion and expected to reach investment-grade credit metrics by 2027. He discussed an ongoing Oracle Fusion enterprise system integration intended to improve real-time information and operational efficiency. Ellison described AI as a tool for artists to iterate more quickly and tell better stories, and he stated that the company does not believe in a one-size-fits-all approach to content licensing. In the Q4 2025 call, he mentioned a revised all-cash bid of $31 per share submitted to an undisclosed leadership team, and he said the company was deliberately exiting uneconomic hard bundles while still expecting net subscriber additions. He reiterated that “quality is the best business plan” and that the company intends to honor Paramount’s legacy while transforming it for the future.