Paramount Skydance says targeting 15 movies per year over the next few years

Says FY26 guidance driven by strong growth in direct-to-consumer revenue and global profitability. Says plan is to grow theatrical output, targeting at least 15 movies per year over the next few years, beginning in 2026. Says plans to make incremental programming investments in 2026 in excess of $1.5B. Says top priority is direct-to-consumer business. Says broadcast side obviously declining. Comments taken from Q3 earnings conference call.