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Paramount Global

PARA · NASDAQ Communication Services
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Ticker PARA
Exchange NASDAQ
Sector Communication Services
Industry Entertainment
Employees 10,000+

Business description

Paramount Global, an entertainment and media company with a global presence, is organized into three major segments: TV Media, Direct-to-Consumer, and Filmed Entertainment. Within its TV Media segment, the company manages a host of domestic and international broadcast networks, such as CBS Television Network, Network 10, Channel 5, Telefe, and Chilevisión; as well as ownership of cable networks, including Paramount Media Networks, Nickelodeon, BET Media Group, and CBS Sports. Paramount Global's Direct-to-Consumer segment offers both free and paid streaming services internationally. This division boasts a diverse streaming portfolio, featuring services such as Paramount+, Pluto TV, Showtime Networks, BET+, and Noggin. Finally, the company's Filmed Entertainment segment produces and procures films, series, and short-form content for release, as well as media licensing across the globe, covering releases in theaters, streaming services, television, digital home entertainment, and DVDs. Paramount Global's entertainment assets include Paramount Pictures, Paramount Players, Paramount Animation, Nickelodeon Studio, Awesomeness, and Miramax. Founded over 100 years ago in 1914, the company was formerly known as ViacomCBS Inc., but rebranded as Paramount Global in February 2022. National Amusements, Inc. is the parent company of Paramount Global, which is headquartered in New York, New York.

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Company facts
TickerPARA
ExchangeNASDAQ
Sector Communication Services
Industry Entertainment
Employees10,000+