Paramount Global

Paramount Global, operating under its former name ViacomCBS Inc., was established by the re-merger of CBS Corporation and Viacom on December 4, 2019. This reunification brought together a legacy dating back to the original Viacom, founded in 1971, and its subsequent form in 2005, following a division into two entities. With its headquarters positioned in New York City, Paramount Global engages in a diverse range of entertainment sectors. The business is structured around key segments including Filmed Entertainment, responsible for the movie life cycle from production to distribution; Television Entertainment, which encompasses both broadcast TV and cable networks; Streaming platforms that provide both subscription services and ad-supported options; Publishing, though the status of Simon & Schuster remains unclear post the attempted sale to Penguin Random House; and a Licensing and other segment that covers consumer products, digital content, and live events. Paramount Global's portfolio showcases a collection of prominent brands like the iconic film studio Paramount Pictures, the broadly recognized CBS television network, the cultural touchstone MTV, and the child-focused Nickelodeon brand. Others include the premium cable and streaming service Showtime, BET network which serves African American audiences, Comedy Central, the digital subscription service Paramount+, the ad-supported streaming platform Pluto TV, and the renowned publisher, Simon & Schuster. While Paramount Global primarily caters to the United States, its operational reach extends across continents with significant markets throughout Europe, Latin America, Asia, Canada, and Australia, ensuring its brands and services are widely available and influential on a global scale. (Powered by AI)