Paramount Global
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- Paramount Global (PARAA) operates as a leading global media, streaming, and entertainment company, producing, distributing, and monetizing premium content across television networks, filmed entertainment, and digital platforms; its core offerings include the CBS Television Network with news, sports, primetime series, and daytime programming; Paramount+ streaming service combining live sports, breaking news, original content, movies, and Showtime; Paramount Pictures for theatrical films under labels such as Paramount Animation, Paramount Players, and Republic Pictures; pay-TV networks encompassing MTV, Nickelodeon (including Nick Jr.), Comedy Central, BET Media Group, Paramount Network, TV Land, VH1, CMT, Logo, Pop TV, Smithsonian Channel, The Movie Channel, and Flix; free ad-supported streaming television via Pluto TV; CBS Sports broadcasting college football, basketball, golf, and other events; consumer products through licensing and merchandising of iconic franchises; and news operations via CBS News and Stations. Founded in 1912 with roots in Paramount Pictures and headquartered at 1515 Broadway in New York, the company maintains significant operations in Los Angeles and global reach across more than 160 countries, serving billions of subscribers through approximately 170 networks and targeting diverse audiences including youth via MTV and Nickelodeon, Black communities through BET, general households with CBS, and streaming consumers worldwide. In August 2025, Paramount Global completed its transformative $8 billion merger with Skydance Media, backed by RedBird Capital Partners, creating a next-generation media powerhouse under new leadership led by David Ellison as Chairman and CEO; this strategic combination enhances production expertise, technological capabilities, and content synergies, targeting $3 billion in annual cost savings, an incremental $1.5 billion investment in content, significant expansion of television studio output, co-productions with partners like WWE, Reel FX, DreamWorks Animation, and a 30-film deal with Domain Capital, while streamlining operations and bolstering franchises such as Mission: Impossible and Sonic the Hedgehog.
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