Paramount Q2 Profit Dips, With Streaming Boost Offset by TV Declines

Paramount Skydance said second-quarter profit fell, even as the company was boosted by its streaming media and studios operations, while its large TV division shed ad dollars and subscribers. David Ellison, the company’s CEO, vowed that its deal to acquire Warner Bros. Discovery would close, despite legal setbacks that have slowed the transaction. “While there…