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  "path": "/2026/film/news/paramount-credit-rating-lower-junk-status-warner-bros-merger-1236754967/",
  "publishedAt": "2026-05-20T17:40:11.000Z",
  "site": "https://variety.com",
  "tags": [
    "News",
    "Paramount Skydance",
    "Warner Bros. Discovery"
  ],
  "textContent": "S&P Global Ratings already has placed Paramount Skydance’s credit rating in junk-status territory — indicating that the media conglomerate’s debt securities are considered speculative-grade. But if and when Paramount completes its megadeal for Warner Bros. Discovery, the credit-rating firm will take it down another notch. Currently S&P Global has a “BB+” issuer credit rating on […]",
  "title": "Paramount’s Junk-Status Credit Rating to Be Downgraded Further Following Warner Bros. Merger to Reflect ‘Major Ongoing Uncertainties,’ S&P Global Says"
}