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  3. Media & Entertainment
  4. Paramount+
Paramount+ logo
Media & Entertainment

Who Owns Paramount+?

Paramount+ is owned by Paramount Skydance Corporation (NASDAQ: PSKY), a global media and entertainment company led by CEO David Ellison. The Skydance merger completed on August 7, 2025. Paramount+ had 81.6 million subscribers as of Q2 2026 and generated $2.47 billion in direct-to-consumer revenue. The service offers content from Paramount Pictures, CBS, MTV, Nickelodeon, and Skydance.

Parent Company

Paramount Skydance Corporation

Founded

2021

Status

Publicly Traded

Headquarters

New York City, New York, USA

Paramount+ Timeline

2019
Paramount Skydance Corporation

Parent company established in Los Angeles, California, USA

Company Founded
2021

Paramount+

Founded by Paramount Global (internal development)

Founded
mid rangemass marketGlobalall-agesOfficial Website

Who Owns Paramount+?

  • Parent Company: Paramount Skydance Corporation
  • Ownership Type: Subsidiary
  • Company Type: Publicly Traded
  • Stock Ticker: NASDAQ: PSKY
BrandParent CompanyOwnership Type
Paramount+Paramount Skydance CorporationSubsidiary

Where to Buy

Disclosure: We may earn commission from purchases
AmazonParamount+ on Amazon

History of Paramount+

  • Founded: 2021
  • Founders: Paramount Global (internal development)

Paramount+ was launched on March 4, 2021, by ViacomCBS (later rebranded as Paramount Global in February 2022) as a rebranding and expansion of the existing CBS All Access streaming service. CBS All Access had launched in 2014 as the first streaming service from a broadcast network, primarily offering CBS programming. The rebrand to Paramount+ expanded the content library to include programming from across the company's portfolio, including Paramount Pictures films, MTV, Nickelodeon, Comedy Central, BET, and Showtime.

The launch of Paramount+ coincided with the intensifying streaming wars, as major media companies raced to launch direct-to-consumer platforms. Paramount+ positioned itself as a service combining live sports (NFL on CBS, UEFA Champions League), premium television (Star Trek franchise, Yellowstone prequels like 1883 and 1923), films from Paramount Pictures, and children's content from Nickelodeon.

In 2023, Showtime content was integrated into Paramount+, consolidating the company's premium streaming offering. The service also expanded internationally, launching in multiple markets across Europe, Latin America, and Asia-Pacific. By 2024, Paramount+ reported 77.5 million global subscribers.

The Skydance merger, announced in 2024 and completed on August 7, 2025, brought significant changes to Paramount+. David Ellison outlined plans to rebuild the Paramount+ technology platform, expand streaming globally, and prioritize cash flow. Ellison identified $2 billion in cost savings from the merger, later increased to over $3 billion. The company reorganized into three segments, with Paramount+ placed in the Direct-to-Consumer segment alongside Pluto TV and BET+.

In Q1 2026, Paramount+ added 700,000 subscribers to reach nearly 80 million, despite price hikes implemented in January 2026. In Q2 2026, the service added 2 million subscribers to reach 81.6 million globally, driven by content including the Dutton Ranch franchise, UFC, and FIFA World Cup coverage in Latin America. Paramount+ ad revenue jumped 30% year-over-year in Q2 2026, and the service reported its lowest quarterly churn in its history.

The proposed acquisition of Warner Bros. Discovery, announced in February 2026, would potentially combine Paramount+ with WBD's Max streaming service. The deal faces regulatory challenges and is not expected to close before March 2027 at the earliest.

About Paramount Skydance Corporation

What does Paramount Skydance Corporation own?
Paramount Skydance Corporation owns and operates Paramount Pictures, CBS, Paramount+, Pluto TV, MTV, Nickelodeon, Comedy Central, BET, Showtime, and Skydance's Animation, Film, Television, Interactive/Games, and Sports divisions. The company also holds extensive content libraries and production facilities. If the Warner Bros. Discovery acquisition closes, the portfolio will expand to include HBO, CNN, TNT, Warner Bros. Pictures, and HBO Max.

Is Paramount Skydance Corporation publicly traded?
Yes, Paramount Skydance Corporation is publicly traded on NASDAQ under the ticker symbol PSKY. The company became the successor issuer to Paramount Global on August 7, 2025. As of February 20, 2026, there were 31.5 million Class A shares and 1.08 billion Class B shares outstanding.

Who is the CEO of Paramount Skydance Corporation?
David Ellison is the Chairman and Chief Executive Officer of Paramount Skydance Corporation. He founded Skydance Media in 2010 and led the merger with Paramount Global, which closed on August 7, 2025. Ellison is the son of Oracle co-founder Larry Ellison. The Ellison family and RedBird Capital Partners are the primary strategic investors backing the company.

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 exit approximately 4-5 million hard bundle subscribers with unattractive economics in 2026, which will result in only modestly higher total paid subscribers compared to 2025, but with stronger underlying growth and ARPU.

What is 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 is backed by $47 billion in equity from the Ellison family and RedBird Capital Partners and $54 billion in debt commitments. The deal is expected to close in Q3 2026, subject to regulatory clearances and WBD shareholder approval. The UK CMA cleared the acquisition on August 6, 2026.

What is Paramount Skydance Corporation's revenue?
For full year 2025, total revenue was 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. For 2026, the company guides to total revenue of $30 billion, representing approximately 4% year-over-year growth, and adjusted EBITDA of $3.8 billion.

Where is Paramount Skydance Corporation headquartered?
Paramount 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, London, and other global entertainment hubs.

  • Founded: 2019
  • Headquarters: Los Angeles, California, USA
  • Company Type: Publicly Traded
  • Stock: NASDAQ: PSKY
  • Revenue: ~$28.9 billion (FY2025)
  • Employees: ~22,000

Visit Paramount Skydance Corporation website

View full company profile for Paramount Skydance Corporation

Where Is Paramount+ Made / Based?

  • Headquarters: New York City, New York, USA

Paramount+ Categories & Tags

StreamingVideo On DemandEntertainmentParamountCbsSkydance

Paramount+ Sustainability & Ethics

Paramount+ does not hold independent sustainability certifications. As a streaming service, the environmental frameworks that apply to consumer goods brands do not directly apply. The primary environmental impact of streaming services is energy consumption from data centers and network infrastructure.

Paramount Skydance Corporation maintains environmental, social, and governance (ESG) initiatives across its operations. The company has published annual ESG reports covering on-screen content and social impact, workforce and culture, and sustainable production and operations. Paramount+ benefits from these corporate-level initiatives, particularly in sustainable production practices for original content.

The energy consumption of streaming video is a growing environmental concern. Data centers serving Paramount+ content require significant electricity for computing and cooling. Paramount Skydance has invested in renewable energy procurement for its operations, though specific energy consumption data for Paramount+ is not separately disclosed.

In the area of content responsibility, Paramount+ participates in Paramount's Content for Change initiative, which aims to counteract bias and stereotypes in media content. The streaming service features programming from diverse creators and has implemented content guidelines for original productions. The integration of CBS News content on Paramount+ raises questions about editorial independence within a commercial streaming platform, though no specific controversies have emerged.

Data privacy is a relevant ethical consideration for streaming services. Paramount+ collects subscriber data including viewing habits, payment information, and device data. The service operates under privacy regulations including GDPR in Europe and CCPA in California.

Paramount+ Recalls & Controversies

Skydance Merger Uncertainty (2024-2025): The year-long merger process between Skydance Media and Paramount Global, announced in 2024 and completed in August 2025, created uncertainty about Paramount+'s future direction. Questions arose about potential changes to content strategy, pricing, and technology under David Ellison's leadership. Ellison has since outlined plans to rebuild the Paramount+ platform and expand streaming globally.

Content Strategy Shift (2025): Internal documents revealed in 2025 showed Paramount planning a shift toward short-form videos and user-generated content, moving away from the platform's traditional focus on premium television and film. The proposed shift was criticized as potentially undermining Paramount+'s value proposition as a premium streaming service. It is unclear whether this strategy has been implemented under Ellison's leadership.

Warner Bros. Discovery Acquisition (2026): Paramount Skydance's proposed $110 billion acquisition of Warner Bros. Discovery, announced in February 2026, faces an antitrust lawsuit from state attorneys general. Critics argue the acquisition could reduce competition in the streaming market and concentrate too much media ownership. A trial is set for March 2027, with the closing delayed to as late as June 2027. Paramount faces a ticking fee of 25 cents per WBD share per quarter starting October 1, 2026, if the transaction is not closed.

60 Minutes Lawsuit and Merger Approval: The Skydance merger was nearly delayed by President Donald Trump's legal battle with CBS over 60 Minutes. Paramount agreed to pay a settlement to resolve the dispute, allowing the merger to proceed. The case raised concerns about political interference in media mergers and editorial independence at CBS News.

Technical Performance Issues: Paramount+ has faced criticism for technical problems during high-traffic events, including buffering and crashes during live sports streaming. The platform's technical infrastructure has been a focus of David Ellison's turnaround plan, with investments planned in the streaming technology platform.

Regional Content Gaps: Paramount+ faces criticism for varying content availability across international markets. Subscribers outside the US often cannot access the full content library, creating frustration and competitive disadvantage compared to global services like Netflix.

Brands Owned by Paramount Skydance Corporation

BETMedia Entertainment

BET

Owned by Paramount Skydance Corporation

American cable television network focused on African American culture, entertainment, music, and programming for Black audiences.

african-american-culturemusicentertainment
CBSMedia Entertainment

CBS

Owned by Paramount Skydance Corporation

American commercial broadcast television network and flagship property of Paramount Skydance Corporation, America's most-watched broadcast network.

televisionbroadcastingnetwork
Comedy CentralMedia Entertainment

Comedy Central

Owned by Paramount Skydance Corporation

American cable and streaming comedy network owned by Paramount Skydance Corporation, featuring original comedy series, stand-up specials, and satirical news programming.

comedystand-upsatire
MTVMedia Entertainment

MTV

Owned by Paramount Skydance Corporation

American cable television network focused on music, youth culture, and reality programming. Owned by Paramount, a Skydance Corporation, since August 2025.

musicyouth-culturereality-television
NickelodeonMedia Entertainment

Nickelodeon

Owned by Paramount Skydance Corporation

American cable television network and children's entertainment brand owned by Paramount Skydance Corporation (NASDAQ: PSKY). Launched in 1979, known for SpongeBob SquarePants, Rugrats, and the Kids' Choice Awards.

children-programminganimationfamily-entertainment
ParamountMedia Entertainment

Paramount

Owned by Paramount Skydance Corporation

American film and television studio founded in 1912. Flagship brand of Paramount Skydance Corporation (NASDAQ: PSKY).

film-studiotelevisionentertainment
View all brands owned by Paramount Skydance Corporation

Frequently Asked Questions About Paramount+

Sources & Further Reading

  • Paramount Skydance Merger Completion Press Release
  • Paramount Q2 2026 Financial Results
  • Paramount Q1 2026 Financial Results
  • CNBC: Paramount Skydance Q2 2026 Earnings
  • CNBC: Paramount Skydance Q1 2026 Earnings
  • Reuters: Paramount Closes Skydance Merger
  • Deadline: Paramount Q2 Earnings and WBD Merger
  • Paramount Investor Relations

Competitors to Paramount+

These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.

BrandParent CompanyCountryFoundedMarket PositionPrimary MarketGender Target
ParamountParamountSister Brand
Paramount Global
USA (studio)
1912
Mass marketGlobalAll-ages
BritBoxBritBox
Bbc
United Kingdom
2017
Mass marketGlobalAll-ages
Disney+Disney+
Disney
USA
2019
Mass marketGlobalAll-ages
HBO MaxHBO Max
Warner Bros Discovery
USA
2020
PremiumGlobalAll Genders
HBO MaxHBO Max
Warner Bros Discovery
USA
2020
PremiumGlobalAll-ages
HuluHulu
Walt Disney Company
USA
2007
Mass marketGlobalAll Genders

Learn More About Competitors

ParamountMedia Entertainment

Paramount

Owned by Paramount Skydance Corporation

American film and television studio founded in 1912. Flagship brand of Paramount Skydance Corporation (NASDAQ: PSKY).

film-studiotelevisionentertainment
BritBoxMedia Entertainment

BritBox

Owned by British Broadcasting Corporation (BBC)

British television streaming brand split between BBC Studios' international service and ITV's integrated UK offering.

streamingbritish-televisionentertainment
Disney+Media Entertainment

Disney+

Owned by The Walt Disney Company

American subscription streaming service owned by The Walt Disney Company, providing access to Disney, Pixar, Marvel, Star Wars, and National Geographic content.

streamingvideo-on-demandentertainment
HBO MaxMedia Entertainment

HBO Max

Owned by Warner Bros. Discovery

American subscription streaming service owned by Warner Bros Discovery, offering content from HBO, Warner Bros, DC, and Discovery. Rebranded from Max back to HBO Max on July 9, 2025.

streamingvideo-on-demandentertainment
HBO MaxMedia Entertainment

HBO Max

Owned by Warner Bros. Discovery

American subscription video on-demand streaming service offering content from HBO, Discovery, Warner Bros., and other Warner Bros. Discovery properties. Rebranded from Max back to HBO Max in summer 2025. Reached 140M+ subscribers in Q1 2026, targeting 150M by year-end.

streamingvideo-on-demandentertainment
HuluMedia Entertainment

Hulu

Owned by The Walt Disney Company

American subscription streaming service offering on-demand video and live TV, owned by The Walt Disney Company through its Disney Streaming subsidiary.

streamingvideo-on-demandentertainment

Competitive Analysis

Market Positioning: Paramount+ competes with 6 brands in the same categories, ranging from mass market to luxury positioning.

Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.

Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.

Independent Alternatives to Paramount+

Looking for brands with different ownership structures? These similar brands are not owned by Paramount Skydance Corporation, giving you alternative choices that support different corporate structures.

Discovery ZoneMedia Entertainment

Discovery Zone

Owned by Discovery Zone, Inc.

American indoor entertainment center chain featuring arcade games, climbing walls, and family attractions.

arcadeentertainmentfamily-entertainment
Privately Owned

Discovery Zone is privately owned, unlike Paramount+ which is under a publicly traded parent company.

ReelShortMedia Entertainment

ReelShort

Owned by Crazy Maple Studio

Short-form mobile drama app developed and controlled by Crazy Maple Studio, in which COL Digital Publishing holds a large minority stake.

streamingshort-dramamobile-entertainment
Privately Owned

ReelShort is privately owned, unlike Paramount+ which is under a publicly traded parent company.

Among UsMedia Entertainment

Among Us

Owned by InnerSloth

Multiplayer social deduction game developed by InnerSloth, released in 2018, in which players work together to complete tasks while identifying impostors.

social-deductionmultiplayer-gameindie-game
Privately Owned

Among Us is privately owned, unlike Paramount+ which is under a publicly traded parent company.

FortniteMedia Entertainment

Fortnite

Owned by Epic Games

Free-to-play battle royale, creative sandbox, and live-service video game developed and published by Epic Games, with over 650 million registered accounts globally.

battle-royalevideo-gameepic-games
Privately Owned

Fortnite is privately owned, unlike Paramount+ which is under a publicly traded parent company.

India TodayMedia Entertainment

India Today

Owned by India Today Group

Indian English-language news magazine and multimedia brand published weekly since 1975, owned by the India Today Group and covering politics, current affairs, business, and culture.

newsmediajournalism
Privately Owned

India Today is privately owned, unlike Paramount+ which is under a publicly traded parent company.

Legacy RecordingsMedia Entertainment

Legacy Recordings

Owned by Sony Music Entertainment

American catalog and reissue label owned by Sony Music Entertainment, specializing in remastering and reissuing classic recordings from Sony's extensive catalog.

record-labelmusiccatalog
Privately Owned

Legacy Recordings is privately owned, unlike Paramount+ which is under a publicly traded parent company.

Paramount Skydance Corporation Stock Information

Jobs at Paramount Skydance Corporation

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Last reviewed: August 1, 2026 · Reviewed by Who Brands Editorial Team