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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.
The Paramount Skydance Corporation Story
Founders
Recent Activity
View all →Following A Record-Breaking Season, ‘NFL ON CBS’ Returns with Showstopping 2026 Schedule May 15, 2026 Content Strategy Following A Record-Breaking Season, ‘NFL ON CBS’ Returns with Showstopping 2026 Schedule CBS Sports, the most-watched NFL package on television, unveils an epic lineup for its 67th year of NFL coverage After a historic 2025 season that shattered viewership records across the board, the NFL ON CBS is back, and the 2026 schedule is built to be just as action-packed with more than 100 regular-season games, a loaded national game schedule, and some of the biggest matchups in football. With the AFC's most dominant teams and television's most-watched program, CBS Sports continues to demonstrate the unmatched power and reach of its multiplatform approach across broadcast television and streaming on Paramount+. A Record-Breaking Foundation Last year, the NFL ON CBS delivered its best regular season ever. It was the NFL's top overall package, drawing 21.252 million
'Dutton Ranch': Beth and Rip's Latest Chapter May 14, 2026 Content Strategy 'Dutton Ranch': Beth and Rip's Latest Chapter The cast of 'Dutton Ranch' on fresh starts, a fearless new matriarch, and why peace will have to wait. Beth Dutton and Rip Wheeler are taking on Texas. In Dutton Ranch , premiering globally May 15 on Paramount+ and Paramount Network with two episodes, Kelly Reilly and Cole Hauser return as the indomitable Beth and Rip. As they fight to build a future together from their patch of land in Rio Paloma, they collide with brutal new realities and a ruthless rival ranch that will stop at nothing to protect its empire. In South Texas, blood runs deeper, forgiveness is fleeting, and the cost of survival might just be your soul. Reilly and Hauser are joined in the new series by Oscar® nominees Annette Bening and Ed Harris. Dutton Ranch also stars Finn Little, Juan Pablo Raba, Jai Courtney, J.R. Villarreal, Marc Menchaca, and Natalie Alyn Lind. Ahead of the series premiere, we
‘Top Gun’ at 40: The Need for Speed Never Fades May 13, 2026 ‘Top Gun’ at 40: The Need for Speed Never Fades As Paramount celebrates this milestone anniversary, the franchise returns to theaters and looks ahead to its next chapter, underscoring its lasting global impact. Forty years after it first took audiences to the edge of the danger zone, Top Gun continues to soar, fueling a legacy that has spanned generations and redefined blockbuster filmmaking. As Paramount celebrates this milestone anniversary, the franchise returns to theaters and looks ahead to its next chapter, underscoring its lasting global impact. This May marks the 40th anniversary of Top Gun , the thrilling, landmark film that defined the essential ‘80s blockbuster. Since its debut on May 16, 1986, the aviation-fueled classic has continued to make audiences feel the need for speed. Powered by Tom Cruise’s iconic performance, it became the highest-grossing film of 1986 and a global phenomenon, earning more than $357 mil
Material Event filed 2026-05-13
Inside the ‘Top Gun’ Archive with Charlotte Barker and Chuck Woodfill May 12, 2026 Content Success Inside the ‘Top Gun’ Archive with Charlotte Barker and Chuck Woodfill Forty years on, the high-flying blockbuster remains a defining film in Paramount’s legacy. Archivists Charlotte Barker and Chuck Woodfill pull back the curtain on how the film is maintained for future generations. Few films have embedded themselves in popular culture quite like Top Gun . Four decades after its release, the high-flying blockbuster continues to resonate as a model for how Hollywood crafts spectacle, star power, and cinematic identity. Behind the scenes, however, its longevity is no accident. The preservation of Top Gun is an ongoing effort, shaped by archivists who treat the film as a living piece of history that must be carefully maintained and restored. Paramount Pictures archivists Charlotte Barker and Chuck Woodfill offer a rare look inside that process. From safeguarding original film negatives and r
PARAMOUNT CHIEF FINANCIAL OFFICER DENNIS CINELLI TO PARTICIPATE IN MOFFETTNATHANSON'S MEDIA, INTERNET & COMMUNICATIONS CONFERENCE Anonymous (not verified) Thu, 05/07/2026 - 09:15 LOS ANGELES and NEW YORK , May 7, 2026 /PRNewswire/ -- Paramount Skydance Corporation (Nasdaq: PSKY) today announced that Chief Financial Officer Dennis Cinelli will participate in the MoffettNathanson Media, Internet and Communications Conference on Wednesday, May 13, 2026, at 1:30 p.m. ET / 10:30 a.m. PT. A live audio webcast will be available on Paramount's Investors homepage at ir.paramount.com . A replay of the audio webcast will be available in the Events and Webcasts section of the site shortly after the presentation. About Paramount, a Skydance Corporation Paramount, a Skydance Corporation (Nasdaq: PSKY) is a leading, next‑generation global media and entertainment company, comprised of three business segments: Studios, Direct-to-Consumer, and TV Media. The Company's portfolio unites legendary brand
PARAMOUNT REPORTS FIRST QUARTER 2026 FINANCIAL RESULTS Anonymous (not verified) Mon, 05/04/2026 - 16:01 LOS ANGELES and NEW YORK , May 4, 2026 /PRNewswire/ -- Paramount Skydance Corporation (Nasdaq: PSKY) today announced financial results for the first quarter ending March 31, 2026. The company will conduct a conference call with a live audio webcast available on Paramount's Investors homepage at ir.paramount.com beginning at 1:45 p.m. (PT) / 4:45 p.m. (ET) on May 4. Please visit the Paramount Investors homepage to view a letter to shareholders . The conference call can also be accessed by dialing 800-715-9871 (U.S. domestic) or 646-307-1963 (international) using conference ID 69697. Please call five minutes in advance to ensure that you are connected prior to the call. An audio replay of the call will be available on May 4 in the Events and Webcasts section of Paramount's Investors homepage. The earnings release and any other information related to the call will be acce
Jennifer Mitchell on Innovation in Local Journalism May 4, 2026 Company News Jennifer Mitchell on Innovation in Local Journalism From producing a statewide California gubernatorial debate to expanding AR/VR studios across the country, CBS Stations are rethinking how journalism reaches and engages audiences. As President of Stations and Digital for CBS News and Stations, Jennifer Mitchell is leading a nationwide network of local newsrooms through a period of rapid transformation, defined by shifting audience habits, evolving technology, and a renewed focus on community connection. Under her leadership, CBS Stations are not only expanding how and where audiences access news, but also reimagining what local journalism can look like at scale, from statewide political debates to immersive storytelling powered by AR and VR. In this conversation, Mitchell outlines a strategy rooted in both innovation and fundamentals. She discusses how major initiatives reflect a broader vision for the future
Material Event filed 2026-05-04
Quarterly Report filed 2026-05-04
"Powered by Story. Accelerated by Technology." A Look at Paramount Advertising’s 2026 Upfront Events Apr 29, 2026 Company News "Powered by Story. Accelerated by Technology." A Look at Paramount Advertising’s 2026 Upfront Events At Paramount, great storytelling has always been the focus. But the way stories reach audiences, and how brands connect with them, continues to evolve. This year’s series of Upfront events reflects that evolution, bringing together creative ambition, cutting-edge technology, and meaningful conversations with advertising partners in an environment designed for connection. These gatherings, hosted by Paramount Advertising in Chicago, Los Angeles, and New York, are the first under the leadership of Chief Revenue Officer Jay Askinasi and showcase a unified Paramount portfolio built for the future of advertising. While many media companies traditionally host large-scale events, Paramount has found success with more intimate, tailored Upfront presentatio
How Pluto TV Is Turning Cult Classics into Immersive Fan Experiences for a New Generation Apr 29, 2026 Company News How Pluto TV Is Turning Cult Classics into Immersive Fan Experiences for a New Generation What does it look like when fandom moves beyond the screen? For one superfan of 'The X-Files,' it meant going off-grid in the California desert for the ultimate truth-seeking streaming experience. This April, Pluto TV brought its belief in cult television to life with “The Fan Is Out There,” an immersive, nine-day marathon experience celebrating all 11 seasons of The X-Files . The winner and a guest watched every episode from an off-grid facility in Joshua Tree, complete with a living case board, themed provisions, and daily confessionals. The result? A beloved supernatural classic transformed into a fan experience rooted in comfort, conspiracy, and a heavy dose of nostalgia. As the winner of the “The Fan Is Out There” experience, Molly Hottle was named the ultima
Company Timeline
Major milestones in Paramount Skydance Corporation's journey
Leadership Team
Meet the leaders behind Paramount Skydance Corporation
David Ellison
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
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
Continuing as interim Chief Financial Officer following the merger, Andrew Warren oversees financial strategy and operations for the combined entity.
Dana Goldberg
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
Former Sony Pictures executive, Josh Greenstein co-leads the film division with deep experience in theatrical distribution and marketing.
Cindy Holland
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
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
Leading production strategy for Paramount's theatrical slate with extensive experience in blockbuster film development.
Matt Thunell
Overseeing television production across broadcast, cable, and streaming platforms with a focus on premium scripted content.
Stephanie Kyoko McKinnon
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
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