Paramount Skydance

Not to be confused with Paramount Pictures, Paramount Communications, Paramount Global, or Skydance Media.

Paramount Skydance Corporation

Logo used since 2025
The company's primary corporate headquarters at the Paramount Pictures studio lot in Los Angeles, California
Trade name	Paramount
Type	Public
Traded as	Nasdaq: PSKY (Class B) S&P 500 component
ISIN	US69932A2042
Industry	Media Entertainment
Predecessors	Skydance Media Paramount Global National Amusements
Founded	August 7, 2025 (2025-08-07)
Founder	David Ellison
Headquarters	5000 Melrose Avenue, Los Angeles, California, U.S. One Astor Plaza, New York City, U.S.
Area served	Worldwide (except Russia, Belarus and North Korea)
Key people	David Ellison (chairman and CEO)
Products	films music television shows web portals movie theaters video games
Brands	5 BET CBS CBS News CBS Sports CMT Comedy Central MTV Network 10 Nickelodeon Nick Jr. Paramount+ Paramount Network Paramount Pictures Paramount Animation Pluto TV Pop Showtime Skydance Animation Skydance Sports Smithsonian Channel TV Land
Services	Licensing broadcasting streaming television
Revenue	US$28.9 billion (2025)
Operating income	US$934 million (2025)
Net income	US$−621 million (2025)
Total assets	US$43.3 billion (2025)
Total equity	US$11.7 billion (2025)
Owners	David and Larry Ellison (47.2% in all shares, 77.5% in voting shares) RedBird Capital Partners (13% in all shares, 22.5% in voting shares) Others (39.8%)
Number of employees	17,600 (2025)
Divisions	Paramount Skydance Studios Paramount Streaming Paramount Skydance TV Media
Subsidiaries	List of assets owned by Paramount Skydance
Website	www.paramount.com
Footnotes

Paramount Skydance Corporation (doing business as Paramount) is an American multinational mass media and entertainment conglomerate. The company's primary corporate headquarters is located at the Paramount Pictures lot in the Hollywood neighborhood of Los Angeles, California, and Paramount's secondary and operational headquarters, alongside many of Paramount's divisions and subsidiaries, as well as one of Paramount's major offices and meeting places is headquartered at the previous Paramount Global headquarters at One Astor Plaza in New York City. CBS, a major Paramount asset, is also headquartered in New York City, but at the CBS Building and the CBS Broadcast Center both in Midtown Manhattan. Paramount Skydance also houses major offices and operations at the previous Skydance Media headquarters in Santa Monica, California. Larry and David Ellison control the company, owning 77.5% of the voting shares and 47.2% of all shares. RedBird Capital Partners own 22.5% of the voting shares and 13% of all shares.

Paramount Skydance was formed on August 7, 2025, by David Ellison, through the merger of Skydance Media, Paramount Global, and National Amusements. The company trades under the ticker symbol "PSKY" on the Nasdaq.

Shortly after its formation, Paramount Skydance began pursuing an unsolicited bid to acquire Warner Bros. Discovery and subsequently won a bidding war for the company in February 2026. Paramount Skydance's purchase of WBD was approved by the U.S. Department of Justice on June 12, 2026. However, on July 24, 2026, the proposed merger, which is facing widespread anti-trust legal action, was delayed until June 1, 2027. On August 4, 2026, a federal judge ruled in favor of holding the antitrust trial related to the proposed Paramount-WBD merger in March 2027, denying Paramount's request to hold it in the fall of 2026.