Skydance says it plans to cut at least $6 billion over three years, starting with an HBO Max and Paramount+ bundle early next year and savings from corporate functions, marketing, technology and third-party spending.
Skims cofounder Emma Grede came across completely unbothered when TMZ asked her about the backlash over the brand’s $148 advent calendar. Her reaction came just one day after Skims apologized and started offering customers refunds.
Skydance detailed plans to deliver $6 billion in cost savings from its Warner Bros Discovery acquisition and said it would launch a streaming bundle of HBO Max and Paramount+ early next year
Skims pulled its limited edition holiday advent calendar from its website after customers complained it wasn’t worth the price. Angry customers took to Reddit and TikTok to express frustration with the product, saying its contents inside were cheap and disappointing.
Read more here:
📷: Kevin Mazur/Getty Images for SKIMS