Paramount CEO, David Ellison, has stated that the cost savings from the Skydance-Paramount merger will significantly exceed the $3 billion initially projected, with $2.5 billion anticipated by the end of the year. He also highlighted the convergence of Paramount+ BET+ and Pluto into one unified tech stack. The tech stack, which includes software and programming, is a term that can stack on top of each other to build and run applications. Ellison dismissed the notion of massive jobs cuts, stating that the combined company will operate more efficiently but also grow. The merger is set to close in the third quarter and will result in a joint $69 billion in revenue, $18 billion of EBITDA, and over $10 billion in cash flow while investing over $30 billion in content.