Paramount Skydance Corporation (NASDAQ:PSKY) is one of the noteworthy Q3 stocks Jim Cramer was focused on. Cramer pointed out the company as one the the best performers of the quarter, as he commented: “We’ve heard it (WBD) could be getting a big bid from the fifth-best performer,

Paramount Skydance is adding another member to its senior ranks: Josh Silverman, who hails from Mattel and spent two decades at Disney and Marvel, has been hired as president of global products and experiences.

Shares of Warner Bros. Discovery advanced for a second straight day following reports Paramount Skydance wants to purchase its media rival.

Skydance Media, a movie production and media company owned by the Ellison family, acquired Paramount last month for $8 billion, creating a new media conglomerate called Paramount Skydance. That deal suddenly gives the aging movie and television production firm a new lease on life -- and a massive injection of cash it can use to compete better.

Paramount Skydance announced the appointment of Makan Delrahim, who had advised Skydance on its takeover of Paramount Global, as chief legal officer. He was formerly an assistant attorney general overseeing the U.

David Ellison, the owner of Paramount Skydance, a newly formed mass media and entertainment company, is making a bid to acquire Warner Bros. Discovery, according to a Sept. 11 New York Times article.

Paramount Skydance (PSKY) has seen its stock move actively in recent sessions, with year-to-date returns of 80%. This has prompted some investors to take renewed interest. Market watchers are assessing what sustained growth could mean for future performance.