Paramount (NASDAQ:PSKY) said it expects the combined company formed through its merger with Warner Bros. Discovery (NASDAQ:WBD) to generate approximately $69 billion in pro forma revenue for fiscal year 2026.
According to projections released Monday, the merged media group is targeting adjusted EBITDA of about $18 billion and anticipates realizing roughly $6 billion in synergies as integration progresses.
Looking further ahead, the company forecasts revenue growth at a mid-single-digit compound annual rate between 2026 and 2030.
Management also expects adjusted EBITDA margins to reach the mid-20% range by 2030, while free cash flow conversion is projected to average around 50% over the same period.