Who Owns CBS Sports?

What does Skydance Corporation own?
Skydance Corporation owns Paramount Pictures, Warner Bros. studios, CBS, CNN, Paramount+, HBO Max, HBO, Pluto TV, MTV, Nickelodeon, Comedy Central, BET, Showtime, Discovery Channel, HGTV, Food Network, TLC, DC Comics, and Skydance's Animation, Film, Television, Interactive/Games, and Sports divisions. The company acquired the Warner Bros. Discovery portfolio on October 6, 2026.

Is Skydance Corporation publicly traded?
Yes, Skydance Corporation is publicly traded on the New York Stock Exchange under the ticker symbol SKYD. The listing moved from Nasdaq, where it previously traded as PSKY, on October 6, 2026, the day the WBD acquisition closed.

Who runs Skydance Corporation?
David Ellison and Ynon Kreiz serve as co-CEOs. Ellison founded Skydance Media in 2010, led the 2025 merger with Paramount Global, and drove the WBD acquisition. Kreiz joined from Mattel, where he was credited with the toymaker's turnaround and its expansion into entertainment, including the 2023 Barbie film. Bari Weiss oversees CBS News and Mark Thompson oversees CNN within the new structure.

What happened to the Redstone family's control of Paramount?
The Redstone family, which controlled Paramount Global for decades through National Amusements' holdings of super-voting Class B shares, sold its stake as part of the Skydance merger transaction that closed on August 7, 2025. National Amusements no longer holds a controlling position in the company. Shari Redstone received cash for her National Amusements stake.

How many subscribers does Paramount+ have?
Paramount+ ended 2025 with 79 million paid subscribers. In Q4 2025, Paramount+ revenue grew 17% year over year to $1.837 billion, with ARPU increasing 10%. The company plans to combine Paramount+ and HBO Max into a single streaming platform following the WBD acquisition.

What was the Warner Bros. Discovery acquisition?
On February 27, 2026, Paramount announced a definitive agreement to acquire Warner Bros. Discovery for $31 per share in cash, valuing WBD at $81 billion in equity value and $110 billion in enterprise value. The transaction was backed by $47 billion in equity from the Ellison family and RedBird Capital Partners and $54 billion in debt commitments. After UK CMA clearance and a state attorneys general settlement, the deal closed on October 6, 2026, and the combined company was renamed Skydance.

What is Skydance Corporation's revenue?
For full year 2025, the predecessor company reported total revenue of approximately $28.9 billion, combining the predecessor period (January 1 to August 6) revenue of $16.6 billion and the successor period (August 7 to December 31) revenue of $12.3 billion. Warner Bros. Discovery reported FY2025 revenue of approximately $37.3 billion on a standalone basis.

Where is Skydance Corporation headquartered?
Skydance Corporation maintains its primary corporate offices in Los Angeles, California, and New York, New York. The company has production facilities and operations in multiple locations including Hollywood, Burbank, Atlanta, London, and other global entertainment hubs.