🏢 Company

Paramount Global

American multinational mass media and entertainment conglomerate (2019–2025)

📊 Rating

10 news mentions · 👍 0 likes · 👎 0 dislikes

💡 Information Card

Who / What

Paramount Global was an American multinational mass media and entertainment conglomerate controlled by National Amusements. It was known by its trade name as simply Paramount and was formerly known as ViacomCBS.

Background & History

Paramount Global was established through the merger of the second incarnations of Viacom and CBS Corporation, which were split from the original Viacom on December 31, 2005. The company was in operation from December 4, 2019 to August 7, 2025. It took its latest name from ViacomCBS to Paramount on February 16, 2022. The company was headquartered at One Astor Plaza in Times Square, Midtown Manhattan.

Why Notable

Paramount Global was notable as one of the major mass media and entertainment conglomerates in the United States. Its main properties included well-known entertainment brands such as Paramount Pictures Corporation, CBS Entertainment Group, BET Media Group, Paramount Media Networks (including MTV, Nickelodeon, Comedy Central, etc.), and Paramount Streaming (including Paramount+ and Pluto TV). These assets gave the company significant influence in the global entertainment industry across film, television, and streaming platforms.

In the News

The provided data does not include specific recent developments or news items about Paramount Global.

Key Facts

Type: company

Also known as: Paramount, ViacomCBS (former name)

Founded / Born: December 4, 2019 (as ViacomCBS)

Key dates:

December 4, 2019: Established as ViacomCBS

February 16, 2022: Renamed to Paramount Global

August 7, 2025: Company ceased operations

Geography: United States, headquartered at One Astor Plaza in Times Square, Midtown Manhattan, New York City

Affiliation: Controlled by National Amusements, operates in the mass media and entertainment industry

📌 Topics

Media Industry (4)
Corporate Governance (3)
Mergers and Acquisitions (3)
Media Consolidation (2)
Mergers & Acquisitions (2)
Corporate Restructuring (2)
Media Mergers (2)
Corporate Strategy (2)
Corporate Finance (2)
Leadership Changes (1)
Executive Appointment (1)
Media Strategy (1)

🏷️ Keywords

Paramount Global (10) · David Ellison (4) · Warner Bros Discovery (3) · Warner Bros. Discovery (3) · CBS Studios (2) · Alec Botnick (2) · Jeff Shell (2) · Netflix (2) · Skydance (2) · ISS (1) · proxy advisory (1) · merger (1) · shareholder vote (1) · streaming competition (1) · Nickelodeon Animation (1) · George Cheeks (1) · media integration (1) · animation studio (1) · corporate reorganization (1) · Nickelodeon Animation Studios (1)

📖 Key Information

Paramount Global, also known by its trade name as simply Paramount and formerly ViacomCBS, was an American multinational mass media and entertainment conglomerate controlled by National Amusements and headquartered at One Astor Plaza in Times Square, Midtown Manhattan that was in operation from December 4, 2019 to August 7, 2025. Established through the merger of the second incarnations of Viacom and CBS Corporation, which were split from the original Viacom on December 31, 2005, it took its latest name on February 16, 2022. Paramount's main properties include the namesake Paramount Pictures Corporation, the CBS Entertainment Group (consisting of the CBS television network and television stations as well as The CW and other CBS-branded assets), the BET Media Group (which oversees BET and its sister channels), Paramount Media Networks (consisting of locally-based cable television networks including MTV, Nickelodeon, Comedy Central, CMT, Paramount Network and Showtime) and Paramount Streaming (including Paramount+ and Pluto TV).