大卫·埃里森新创立的天舞影业在华尔街的开局并不顺利。经过长达一年的激烈竞购，他成功收购了华纳兄弟探索。
David Ellison’s freshly formed Skydance Corp. is off to a rocky start on Wall Street. He won Warner Bros. Discovery after a yearlong battle.
然而目前投资者普遍认为他为此支付了过高的价格——这家新合并而成的天舞影业，其实际市值远达不到派拉蒙为收购华纳兄弟探索所支付的780亿美元。
But investors, at this point, appear to believe he wildly overpaid for the deal — that the newly merged company, dubbed Skydance Corp., is worth nowhere near the $78 billion in cash Paramount shelled out for WBD.
截至10月5日，即华纳兄弟探索与派拉蒙天舞影业在纳斯达克市场的最后一个交易日，华纳兄弟探索的市值达777亿美元，派拉蒙的市值约为110亿美元。
As of Oct. 5, the last day of trading for WBD and Paramount Skydance (PSKY) on Nasdaq, Warner Bros. Discovery had a market capitalization of $77.7 billion and Paramount was around $11 billion.
而如今，天舞影业的市值却不足400亿美元，这一数值还不到两家原公司市值总和的一半。
Today, Skydance has a market cap of under $40 billion — less than half the predecessor companies’ combined value.