Paramount Skydance Corporation logo

Paramount Skydance Corporation(PSKY)

Leader

Los Angeles Hollywood media (NASDAQ: PSKY, ~$28B enterprise); Skydance merger completed Aug 2025, CEO David Ellison, 77.7M Paramount+ subscribers (+16% streaming) with $3B cost cuts competing with WBD Max.

78
AI Score
Grade B
AI Visibility Score (Beta)
Telecom & CommunicationsEnterprisePSKYWebsiteUpdated October 2026

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Company Overview

About Paramount Skydance Corporation

Paramount Skydance Corporation is a Los Angeles, California-based global media and entertainment company — publicly traded on NASDAQ (NASDAQ: PSKY) as an S&P 500 component — operating Paramount Pictures, CBS, MTV, Nickelodeon, BET, Comedy Central, Showtime, Paramount+, and Pluto TV following the $8 billion Skydance Media merger completed on August 7, 2025, creating an approximately $28 billion enterprise value company. David Ellison (founder of Skydance Media and son of Oracle co-founder Larry Ellison) serves as CEO and Jeff Shell as President. The company operates three segments: Studios (Paramount Pictures theatrical and TV production, Paramount Television Studios), Streaming/DTC (Paramount+ subscription service with 77.7 million subscribers as of Q2 2025 representing +16% streaming revenue year-over-year, Pluto TV free ad-supported streaming), and TV Media (CBS broadcast network, cable networks including MTV, Nickelodeon, BET, Comedy Central, Showtime). The merger followed a contested bidding process and Shari Redstone's sale of National Amusements' controlling stake in Paramount Global.

Business Model & Competitive Advantage

Paramount Skydance's media conglomerate model addresses the streaming transition challenge that legacy broadcast and cable networks face as linear TV advertising and affiliate fee revenues decline: CBS generates ~$5 billion in annual advertising and retransmission revenue from linear broadcast, while Nickelodeon, MTV, and BET face cord-cutting headwinds that reduce the affiliate fees cable operators pay per subscriber — requiring Paramount+ to scale its direct-to-consumer subscriber base fast enough to replace the declining linear revenue. Skydance's film production capabilities (Top Gun: Maverick, Mission: Impossible, Transformers) and David Ellison's Silicon Valley relationships bring both franchise IP and technology partnerships that the Paramount Global standalone entity lacked. The $3 billion cost reduction target (increased from the original $2 billion during merger negotiations) addresses the operational inefficiencies of a media conglomerate that operated CBS, Paramount, and multiple cable networks with overlapping back-office functions.

Competitive Landscape 2025–2026

In 2025, Paramount Skydance competes in the Hollywood studio, broadcast network, and streaming media market with NBCUniversal/Peacock (private, Comcast subsidiary, $30B revenue), Warner Bros. Discovery (NASDAQ: WBD, Max streaming, $41B revenue), and The Walt Disney Company (NYSE: DIS, Disney+/Hulu/ESPN+, $91B revenue) for streaming subscriber growth, theatrical box office market share, and sports broadcast rights. The 77.7M Paramount+ subscriber base (Q2 2025) positions the platform competitively against Peacock and Max but well below Netflix (270M+) and Disney+ (120M+) — making the $3B cost savings program critical for achieving streaming profitability before the linear TV revenue decline accelerates. Workforce reductions including 1,600 jobs following Argentina/Chile divestitures and 1,000 additional cuts in late October 2025 represent the operational restructuring required to fund streaming investment from declining legacy assets. The 2025 strategy focuses on achieving the $3B cost target, growing Paramount+ international subscriptions, and leveraging Skydance's franchise IP pipeline for theatrical releases that drive streaming subscriber acquisition.

Founded
2025
Headquarters
Hollywood, Los Angeles, California
Curated content • Fact-checked and verified

The Paramount Skydance Corporation Story

Founded in 2025
Hollywood, Los Angeles, California
Founded by David Ellison

Founders

David Ellison

Recent Activity

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Paramount Skydance Corporation Announces $41.4 Billion and €885 Million Senior Secured Notes Offerings and $8.5 Billion and €850 Million Term Loan B Facility Pricing

Paramount Skydance Corporation Announces $41.4 Billion and €885 Million Senior Secured Notes Offerings and $8.5 Billion and €850 Million Term Loan B Facility Pricing Anonymous (not verified) Wed, 09/30/2026 - 21:02 LOS ANGELES and NEW YORK , Sept. 30, 2026 /PRNewswire/ -- PARAMOUNT SKYDANCE CORPORATION (NASDAQ: PSKY) (the "Company") today announced that it has agreed to sell $3.5 billion aggregate principal amount of 6.30% Senior Secured First Lien Notes due 2028 (the "2028 First Lien Notes"), $3.5 billion aggregate principal amount of 6.55% Senior Secured First Lien Notes due 2029 (the "2029 First Lien Notes"), $6.5 billion aggregate principal amount of 7.05% Senior Secured First Lien Notes due 2031 (the "2031 First Lien Notes"), $5.25 billion aggregate principal amount of 7.55% Senior Secured First Lien Notes due 2033 (the "2033 First Lien Notes"), $5.25 billion aggregate principal amount of 7.90% Senior Secured First Lien Notes due 2036 (the "2036 First Lien Notes"), $1.25 billion a

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'Cupertino' Brings Silicon Valley to the Courtroom

'Cupertino' Brings Silicon Valley to the Courtroom Sep 30, 2026 Content Strategy 'Cupertino' Brings Silicon Valley to the Courtroom In Cupertino , CBS’ new David vs. Goliath legal drama from Robert and Michelle King, attorney Michael Price (Mike Colter) finds himself pushed out of a fast-growing tech company and cheated out of his stock options. He teams up with fellow fired attorney Olivia Siffre (Rachel Keller) to launch a law firm representing everyday people caught in the complications of a rapidly changing tech landscape.     They set up shop in the unfinished headquarters of a startup that went bust.   It’s an appropriately scrappy setup for a case-of-the-week show inspired by current headlines. Michael and Olivia tackle questions the law is still working to answer and take the side of the underdog even when the arguments aren’t clear-cut.   Michael’s own motivations are complicated, too. “And he does see the value in helping people, but he also sees the value

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CHAIRMAN AND CEO DAVID ELLISON ANNOUNCES YNON KREIZ CO-CEO OF THE ANTICIPATED COMBINED PARAMOUNT AND WARNER BROS. DISCOVERY AT CLOSING TO HELP BUILD THE NEXT-GENERATION GLOBAL MEDIA COMPANY

CHAIRMAN AND CEO DAVID ELLISON ANNOUNCES YNON KREIZ CO-CEO OF THE ANTICIPATED COMBINED PARAMOUNT AND WARNER BROS. DISCOVERY AT CLOSING TO HELP BUILD THE NEXT-GENERATION GLOBAL MEDIA COMPANY Anonymous (not verified) Wed, 09/30/2026 - 16:06 Appointment comes as Paramount nears completion of Warner Bros. Discovery merger Ellison sought a partner with the operating firepower to help usher in a new era of entertainment — duo prepared to unlock value for the creative community, shareholders and audiences alike As Chairman & CEO, Ellison will lead all strategy, creative and technology while Kreiz, as Co-CEO will oversee the Company's day-to-day operations and integration of the combined businesses — a pairing that joins complementary skillsets to amplify results Kreiz joins Ellison from Mattel and brings more than 30 years of experience leading and investing in international media and entertainment businesses, with a track record of pioneering new business models at the intersection of me

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Inside CBS Premiere Week: New Stories and Familiar Favorites

Inside CBS Premiere Week: New Stories and Familiar Favorites Sep 29, 2026 Content Strategy Inside CBS Premiere Week: New Stories and Familiar Favorites Sam Hanna is heading home to New York. A pair of lawyers are taking on Silicon Valley. And a family of vampires is discovering that even after 500 years together, there is still room for relationship trouble.   Those are just a few of the stories joining CBS this fall as three new series arrive alongside the characters and franchises audiences have grown accustomed to and made part of their weekly routines. Beginning Sunday, October 4, CBS Premiere Week kicks off seven consecutive nights of original programming, with a lineup spanning action, comedy, crime-solving and reality competition.   “Every premiere week is an exciting opportunity for us to reunite a huge audience with all of their favorite returning characters and at the same time introduce them to new characters and stories that we know they'll fall in love with,” say

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Sam Hanna Returns to His Roots in 'NCIS: New York'

Sam Hanna Returns to His Roots in 'NCIS: New York' Sep 29, 2026 Content Strategy Sam Hanna Returns to His Roots in 'NCIS: New York' Sam Hanna has a new assignment, and this one hits close to home.   In NCIS: New York , the latest chapter of the NCIS universe, LL COOL J reprises his role as the veteran Special Agent Sam Hanna, returning to his roots to investigate the death of his friend, Navy reservist Jack Halloway.     A New Team  Despite being back on home turf, Sam finds himself in unfamiliar territory, navigating a city that has changed since he left while adjusting to working on a team again. His boss, Assistant Special Agent-In-Charge Robyn Wells (Jennifer Beals), pairs him with fellow native New Yorker Nick Schaeffer (Scott Caan), bringing together their complementary skill sets and different personalities. For Caan, the role marks a return to CBS following his successful run on Hawaii Five-0 .   The partnership draws on a rapport that already exists be

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'Eternally Yours:' Meet the Family Making Forever Funny

'Eternally Yours:' Meet the Family Making Forever Funny Sep 29, 2026 Content Strategy 'Eternally Yours:' Meet the Family Making Forever Funny Meeting your girlfriend’s family can be intimidating. Discovering they’re vampires adds a few complications.   In Eternally Yours , CBS’ new family comedy, earnest human Max (Jaren Lewison) enters a Seattle household with centuries of history. His girlfriend Emma’s (Helen J. Shen) parents, Charles (Ed Weeks) and Liz (Allegra Edwards), have been together for 500 years and their once-passionate romance has settled into an eternal rut. Max’s arrival shakes up the family and forces the couple to confront what it means to make love last forever.   Premiering Thursday, October 8, the CBS Studios series brings an eclectic coven into present-day Seattle, where supernatural abilities offer little protection against relationship troubles, family friction or the awkwardness of meeting the parents.     Familiar Relationships, a Few Centur

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Return to Dance

Return to Dance jordyn.bensyl@… Thu, 09/24/2026 - 11:10 Return to Dance Bacardi is Putting The Spotlight Back on Dance at the 2026 VMAs Dance has long been central to how music becomes visual culture. Michael Jackson’s Thriller, Madonna’s Vogue, Jamiroquai’s Virtual Insanity and Beyoncé’s Single Ladies are just a few of the iconic music videos that turned choreography into an essential part of the song itself. For years, the “Best Dance” award at the MTV Video Music Awards served as a marquee recognition for the artists shaping dance music and culture. As the VMAs expanded to reflect new genres and shifts in the industry, however, the category eventually disappeared from the lineup. Now, for the first time in seven years, BACARDÍ is bringing Best Dance back . Its return comes as dance has found new momentum both on-screen and off. On social platforms, choreography can help a song break through, spread and invite millions of fans to participate, while the resurgence of live music, night

Company Timeline

Major milestones in Paramount Skydance Corporation's journey

15
Total Events
5
Acquisitions
1
Product Launches

Leadership Team

Meet the leaders behind Paramount Skydance Corporation

David Ellison

CEO & Chairman

Founder of Skydance Media (2006), David Ellison is an accomplished producer and entrepreneur who led the company through blockbuster productions including Top Gun: Maverick and the Mission: Impossible franchise. Son of Oracle co-founder Larry Ellison, he was mentored by Steve Jobs and brings a technology-forward vision to the entertainment industry.

Jeff Shell

President

Former NBCUniversal CEO, Jeff Shell oversees day-to-day operations of Paramount's media businesses. He brings extensive experience in both traditional broadcast and streaming media, having led NBCUniversal's Peacock streaming service launch.

Andrew Warren

Interim CFO

Continuing as interim Chief Financial Officer following the merger, Andrew Warren oversees financial strategy and operations for the combined entity.

Dana Goldberg

Co-Chair, Paramount Pictures & Nickelodeon Films

Former Skydance Chief Content Officer, Dana Goldberg leads the theatrical film business alongside Josh Greenstein, bringing extensive production expertise from Skydance's successful franchises.

Josh Greenstein

Co-Chair, Paramount Pictures & Nickelodeon Films

Former Sony Pictures executive, Josh Greenstein co-leads the film division with deep experience in theatrical distribution and marketing.

Cindy Holland

President, Direct-to-Consumer

Former Netflix scripted TV chief, Cindy Holland leads Paramount's streaming businesses including Paramount+ and Pluto TV, bringing proven expertise in streaming content strategy.

George Cheeks

Chair, TV Media

Leading the broadcast and cable business, George Cheeks oversees CBS and the company's extensive cable network portfolio including MTV, Nickelodeon, BET, and Comedy Central.

Don Granger

President, Motion Picture Group

Leading production strategy for Paramount's theatrical slate with extensive experience in blockbuster film development.

Matt Thunell

President, Paramount Television Studios

Overseeing television production across broadcast, cable, and streaming platforms with a focus on premium scripted content.

Stephanie Kyoko McKinnon

General Counsel

Leading legal affairs for the merged company, handling complex regulatory, M&A, and intellectual property matters.

Key Differentiators

Market Leader

Paramount Skydance Corporation is recognized as a market leader in the Communications sector, demonstrating strong industry presence and customer trust.

Frequently Asked Questions

Estimated Visibility Trend (Beta)

Simulated 8-week rolling score

78
→ Stable

Based on estimated brand signals. Historical tracking coming soon.

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