Paramount Global

Paramount Global[b] (doing business as Paramount) is an American multinational mass media and entertainment conglomerate owned and operated by National Amusements (79.9%) and headquartered at One Astor Plaza in Midtown Manhattan, New York. It was formed on December 4, 2019 as ViacomCBS Inc. through the re-merger of the second incarnation of CBS Corporation and the second incarnation of Viacom[5] (which were split from the original incarnation of Viacom in 2006). On February 16, 2022, during its Q4 earnings presentation, the company announced that it would change its name to Paramount Global.

Paramount's main properties include the namesake Paramount Pictures film and television studio, the CBS Entertainment Group (consisting of the CBS and The CW television networks, television stations, and other CBS-branded assets), media networks (consisting of U.S.-based cable television networks including MTV, Nickelodeon, BET, Comedy Central, VH1, CMT, Paramount Network and Showtime) and the company's streaming services (including Paramount+, Showtime OTT and Pluto TV). It also has a dedicated international division that manages international versions of its pay TV networks, as well as region-specific assets including Argentina's Telefe, Chile's Chilevisión, the United Kingdom's Channel 5, Australia's Network 10 and a 30% stake in the Rainbow S.p.A. studio in Italy.

Company units
For a more comprehensive list, see List of assets owned by Paramount Global and List of libraries owned by Paramount Global.

Paramount Global comprises five major units:


 * Paramount Pictures as the company's namesake division focuses on theatrical film production and distribution, including film releases under the Paramount Animation and Paramount Players labels in addition to the flagship Paramount Pictures label, as well as producing television shows through Paramount Television Studios.
 * Paramount Media Networks encompasses the pay television channels owned by Paramount in the United States such as MTV, Nickelodeon, Showtime, BET, Comedy Central, TV Land, Paramount Network, Logo, CMT, Pop TV, Smithsonian Channel, VH1, The Movie Channel and Flix, as well as controlling its production facilities for the listed channels above, including Nickelodeon Animation Studio.
 * Paramount International Networks encompasses certain international versions of their television channels split into three regional hubs: United Kingdom and Australia, Europe, Middle East, Africa and Asia (EMEAA), and the Americas, as well as region-specific networks (such as Channel 5 in the United Kingdom, Network 10 in Australia, Telefe in Argentina and Chilevisión in Chile), owning other businesses in a percentage stake (such as 30% of the Rainbow S.p.A. television studio in Italy[68] and 49% of the Viacom 18 which joint venture with TV18),[69] and all CBS-branded channels across Europe which co-owned with AMC Networks International.
 * Paramount Digital Studios consists of digital online and video internet properties including Awesomeness (a media and entertainment company where is overseen by its co-founder Brian Robbins, also an executive for Paramount Media Networks, as of November 2019).[70]
 * Paramount Streaming focuses on the global over-the-top streaming services that encompasses Paramount+, Pluto TV, Showtime, CBSN, CBS Sports HQ, BET+ and Noggin.
 * Paramount Global Distribution Group focuses on the global distribution and licensing of programs all produced by Paramount production studios.
 * CBS Entertainment Group consists of CBS-branded assets including the CBS television network, CBS News and Stations, CBS Sports, CBS Studios, CBS Media Ventures, and Big Ticket Television. It also has a 12.5% interest in The CW television network co-owned by a joint venture of Warner Bros. Discovery through its Warner Bros. division.[71]

Other assets owned by Paramount include Simon & Schuster (book publisher), VidCon (multi-genre online video conference) and Bellator (mixed martial arts promoter). The company also has an undisclosed stake in FuboTV, which acquired in 2020.

Company units
For a more comprehensive list, see List of assets owned by Paramount Global and List of libraries owned by Paramount Global.

Paramount Global comprises five major units:


 * Paramount Pictures as the company's namesake division focuses on theatrical film production and distribution, including film releases under the Paramount Animation and Paramount Players labels in addition to the flagship Paramount Pictures label, as well as producing television shows through Paramount Television Studios.
 * Paramount Media Networks encompasses the pay television channels owned by Paramount in the United States such as MTV, Nickelodeon, Showtime, BET, Comedy Central, TV Land, Paramount Network, Logo, CMT, Pop TV, Smithsonian Channel, VH1, The Movie Channel and Flix, as well as controlling its production facilities for the listed channels above, including Nickelodeon Animation Studio.
 * Paramount International Networks encompasses certain international versions of their television channels split into three regional hubs: United Kingdom and Australia, Europe, Middle East, Africa and Asia (EMEAA), and the Americas, as well as region-specific networks (such as Channel 5 in the United Kingdom, Network 10 in Australia, Telefe in Argentina and Chilevisión in Chile), owning other businesses in a percentage stake (such as 30% of the Rainbow S.p.A. television studio in Italy[68] and 49% of the Viacom 18 which joint venture with TV18),[69] and all CBS-branded channels across Europe which co-owned with AMC Networks International.
 * Paramount Digital Studios consists of digital online and video internet properties including Awesomeness (a media and entertainment company where is overseen by its co-founder Brian Robbins, also an executive for Paramount Media Networks, as of November 2019).[70]
 * Paramount Streaming focuses on the global over-the-top streaming services that encompasses Paramount+, Pluto TV, Showtime, CBSN, CBS Sports HQ, BET+ and Noggin.
 * Paramount Global Distribution Group focuses on the global distribution and licensing of programs all produced by Paramount production studios.
 * CBS Entertainment Group consists of CBS-branded assets including the CBS television network, CBS News and Stations, CBS Sports, CBS Studios, CBS Media Ventures, and Big Ticket Television. It also has a 12.5% interest in The CW television network co-owned by a joint venture of Warner Bros. Discovery through its Warner Bros. division.[71]

Other assets owned by Paramount include Simon & Schuster (book publisher), VidCon (multi-genre online video conference) and Bellator (mixed martial arts promoter). The company also has an undisclosed stake in FuboTV, which acquired in 2020.

As of 2019, the company operates over 170 networks and reaches approximately 700 million subscribers in 180 countries