Communications Services Flat After Skydance Deal Closes -- Communications Services Roundup
Communications-services companies were more or less flat as traders hedged their bets on the outlook for growth in the sector. Skydance laid out ambitious financial targets, including a goal of more $10 billion in free cash flow in 2030, after closing its purchase of Warner Bros. on Tuesday. Amazon's Prime Video will be the new home for the Emmy Awards starting in 2027, the latest major awards show to abandon broadcast television. Write to Rob Curran at rob.curran@dowjones.com (END) Dow Jones Newswires October 06, 2026 18:02 ET (22:02 GMT) Copyright (c) 2026 Dow Jones & Company, Inc. The statements in this document shall not be considered as an objective or independent explanation of the matters. Please note that this document (a) has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and (b) is not subject to any prohibition on dealing ahead of the dissemination or publication of investment research.