PSKY shares rise 3% after Skydance-Netflix animation partnership ends

Verifying
  • PSKY shares rose after Paramount Skydance’s animation arrangement with Netflix expired.
  • $1.01 billion to $2.03 billion in California economic activity could be lost over five years.
  • Paramount and Netflix will continue planned releases of Ray Gunn and Jack and the Beanstalk.
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