FT News Briefing FT News Briefing

Skydance’s debt pile takes the spotlight

Oct 7, 2026 · 13m

Summary

Paramount Skydance’s acquisition of Warner Bros. Discovery creates a debt-laden Hollywood giant facing $6 billion in cost cuts. Meanwhile, tanker captains are earning up to $100,000 monthly to navigate the dangerous Strait of Hormuz amid rising attacks. The episode also covers Manchester City’s earlier tax scrutiny, a pivotal boardroom vote at India’s Tata Group, and the EU’s plan to tax American tech giants.

Topics discussed

Sponsor: Hard Lessons Podcast Intro: Hollywood, Hormuz, and Tata News Paramount Skydance Acquisition and Debt Strait of Hormuz: Captain Pay and Risks Man City Financial Rules Breach Investigation Tata Group Boardroom Fight Over IPO EU Considering Tax on Big Tech Sponsor: The Next 5 Podcast Sponsor: Citizens Bank
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