Skydance , in its first earnings report after completing its megadeal for Warner Bros. Discovery, outlined where it expects to drive synergies and cost savings and teased a bundle of HBO Max and Paramount + for early 2027, as well as an investor day in the first half of next year.

The company reported Q3 earnings Monday afternoon, with revenue of $7 billion, net earnings of $73 million and adjusted EBITDA of $1 billion, all skewed a bit by the fact that the WBD deal did not close until after the quarter ended. As a result, none of WBD’s results are included in the report, which was authored by CEO David Ellison and co-CEO Ynon Kreiz.

Instead, it is the deal and what it means for Skydance’s future that will dominate the earnings conversation, with the looming bundle surely top of mind for investors and consumers, ahead of an inevitable merger of the services in the future.…