Paramount Global (NASDAQ:PARA) is a diversified media and entertainment company engaged in the production, distribution and licensing of film, television and streaming content. The company’s portfolio includes the Paramount Pictures film studio, the CBS broadcast network, a suite of cable channels such as MTV, Nickelodeon, Comedy Central and Showtime, as well as the Pluto TV ad-supported streaming service and the Paramount+ subscription streaming platform. Paramount Global leverages its intellectual property across multiple distribution windows, encompassing theatrical release, pay television, free-to-air networks and digital streaming, to reach consumers worldwide.
Headquartered in New York City, Paramount Global serves audiences across North America, Latin America, Europe, the Middle East, Africa and the Asia-Pacific region. The company maintains creative hubs and production facilities in key markets, supporting local productions and global franchises. Paramount+ offers both original series and library content, while Pluto TV provides free, ad-supported channels curated around themes, sports, news and pop culture. Through licensing agreements, the company’s programming also airs on third-party platforms and international broadcasters.
Paramount Global traces its history to the founding of Paramount Pictures in 1912 and the Columbia Broadcasting System in 1927, with a modern corporate structure emerging from the 2019 combination of Viacom and CBS Corporation. This merger reunited long-standing brands under a single corporate umbrella, aiming to drive scale in content creation and advertising, and to accelerate streaming growth. The company continues to expand its production slates, leveraging established franchises—from the Star Trek and Mission: Impossible film series to iconic television hits like NCIS and SpongeBob SquarePants.
Leadership is anchored by President and Chief Executive Officer Bob Bakish, who has overseen strategic initiatives to enhance the company’s streaming capabilities and global footprint, and by Chair of the Board Shari Redstone, who serves as the controlling shareholder. Under their guidance, Paramount Global is focused on monetizing a vast content library, forging partnerships for sports and live events, and investing in next-generation technologies to engage audiences across traditional and digital platforms.
AI Generated. May Contain Errors.
Free PARA Stock Alerts