# Paramount

> Paramount is a global media and entertainment company built on more than a century of Hollywood history - the studio behind Paramount Pictures, CBS, Nickelodeon, MTV, BET and Comedy Central, and the streaming service Paramount+. After an $8 billion merger with Skydance Media closed in August 2025, it trades on Nasdaq as PSKY, generates roughly $29 billion a year, and is chasing a far larger prize: Warner Bros. Discovery.

- **Founded:** 1912
- **Headquarters:** New York, United States
- **Founders:** Adolph Zukor (Founder, Famous Players (Paramount predecessor)), W. W. Hodkinson (Founder, Paramount Pictures Corporation), David Ellison (Chairman & CEO, Paramount Skydance)
- **Team size:** ~17,000 employees (reported)
- **Products:** Paramount Pictures, Paramount+, CBS, Nickelodeon, MTV, BET, Comedy Central, Paramount Network
- **Notable:** Completed the $8 billion Skydance merger in August 2025, listing on Nasdaq as PSKY., Grew Paramount+ to 81.6 million subscribers by Q2 2026., Turned its streaming segment to profitability after years of losses.

## Products & services

- **Paramount Pictures** — The film studio behind franchises including Mission: Impossible, Top Gun, Transformers, A Quiet Place and the SpongeBob and Sonic movies.
- **Paramount+** — Global subscription streaming service carrying originals, films, live sports (NFL, UEFA, UFC) and the CBS/Showtime libraries; 81.6 million subscribers as of Q2 2026.
- **CBS** — Broadcast network spanning entertainment, news (60 Minutes, CBS News) and sports.
- **Nickelodeon** — Children's and family entertainment brand, home to SpongeBob SquarePants and PAW Patrol.
- **MTV, BET, Comedy Central, Paramount Network** — Cable and media networks spanning music, culture, comedy and scripted/unscripted programming.
- **Pluto TV** — Free ad-supported streaming television (FAST) service.

## Achievements

- Completed the $8 billion Skydance merger in August 2025, listing on Nasdaq as PSKY.
- Grew Paramount+ to 81.6 million subscribers by Q2 2026.
- Turned its streaming segment to profitability after years of losses.
- Home to one of the most valuable content libraries in entertainment (CBS, Paramount Pictures, Nickelodeon, MTV, BET, Showtime).
- Signed a $7.7 billion UFC rights deal, among the largest in streaming.

## Latest updates

- **2026-08** — Paramount Skydance pursues an ~$80B+ acquisition of Warner Bros. Discovery; a California antitrust challenge threatens to delay the deal.
- **2026-05** — Q1 2026 earnings beat expectations on streaming strength; Paramount+ added ~700,000 subscribers to reach ~79.6 million.
- **2026-Q2** — Paramount+ reaches 81.6 million subscribers; company raises full-year guidance on streaming profit surge.
- **2025-08** — Skydance-Paramount merger completes; David Ellison becomes Chairman & CEO, Jeff Shell becomes President; stock trades as PSKY.

## Links

- Website: https://paramount.com
- LinkedIn: https://www.linkedin.com/company/paramountco
- Twitter/X: https://twitter.com/paramountpics
- YouTube: https://www.youtube.com/paramount
- Instagram: https://www.instagram.com/paramount
- Facebook: https://www.facebook.com/Paramount
- TikTok: https://www.tiktok.com/@paramount

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Profile page: https://yespress.io/paramount
Published by YesPress — https://yespress.io
Last updated: 2026-08-13