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Paramount Skydance Corporation operates as a media, streaming, and entertainment company worldwide.
It operates through TV Media, Direct-to-Consumer, and Filmed Entertainment segments. The TV Media segment operates CBS Television Network, a domestic broadcast television network; CBS Stations, a television station; and international free-to-air networks comprising Network 10, Channel 5, Telefe, and Chilevisión; and domestic premium and basic cable networks, such as Nickelodeon, MTV, CMT, Comedy Central, BET, Paramount+ with SHOWTIME, Paramount Network, The Smithsonian Channel, BET Media Group, CBS Sports Network, and international extensions of these brands. This segment also provides domestic and international television studio operations, including CBS Studios, Paramount Television Studios, and Showtime/MTV Entertainment Studios; CBS Media Ventures, which produces and distributes first run syndicated programming; and digital properties consist of CBS News Streaming and CBS Sports HQ. The Direct-to-Consumer segment offers a portfolio of domestic and international pay and free streaming services, including Paramount+, Pluto TV, and BET+. The Filmed Entertainment segment produces and acquires films, series, and short-form content for release and licensing around the world, including in theaters, on streaming services, on television, through digital home entertainment, and DVDs/Blu-rays; and operates a portfolio consist of Paramount Pictures, Paramount Players, Paramount Animation, Nickelodeon Studio, Awesomeness, and Miramax. It provides production, distribution, and advertising solutions. The company was formerly known as ViacomCBS Inc. and changed its name to Paramount Global in February 2022. The company was founded in 1914 and is headquartered in New York, New York.
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Independent proxy advisory firm Glass Lewis recommended Warner Bros Discovery shareholders to vote in favor of the company's $110 billion deal to combine with Paramount Skydance.
Ceasefire headlines triggered a relief rally in chip and AI stocks, with Intel up 22%, Micron up 13%, and Broadcom up 20% over five days. Oil stocks like ExxonMobil and Chevron declined on peace hopes, but remain significantly up year-to-date; crude oil prices are still elevated versus start-of-year levels.
Paramount Skydance has syndicated its bridge loan facility and secured permanent financing from a group of banks for its planned $111 billion acquisition of Warner Bros Discovery.
Paramount said today it's successfully completed the syndication of a previously disclosed bridge facility and entered into permanent financing transactions with a group of 18 lenders to support its planned merger with Warner Bros. Discovery The transactions include a two-tranche senior secured term loan facility and a senior secured revolving credit facility.
Jeff Shell is unlikely to be directly replaced as president of Paramount, numerous insiders and people who do business with the company tell Deadline.
Paramount says its board of directors followed “standard practice” in evaluating the conduct of President Jeff Shell before his exit from the company. In a statement Wednesday, Paramount said Shell has been a “valued advisor” to the company, having joined Skydance in 2024 before the company's eventual merger with Paramount.
Paramount President Jeff Shell is leaving his position after a lawsuit accused him of violating SEC rules. The company said in a statement that the claims were "baseless.
Jeff Shell, Paramount's president, is splitting from the company. The departure comes weeks after a strange lawsuit from professional gambler RJ Cipriani.
NEW YORK, April 8, 2026 /PRNewswire/ -- Paramount, a Skydance Corporation (NASDAQ: PSKY), today announced the launch of its own publishing imprint, Paramount Global Publishing, marking a strategic expansion in how fans engage with the company's revered content while also creating new opportunities to develop original IP. Building on Paramount's legacy as one of the world's leading storytellers, the imprint – operating under the company's Products & Experiences division – will develop complementary publishing content inspired by its iconic portfolio of brands and franchises as well as generate new IP through the creation of original stories.
LOS ANGELES and NEW YORK, April 8, 2026 /PRNewswire/ -- Below is a statement regarding Jeff Shell: "PSKY's Board of Directors followed standard practice and, with the assistance of independent counsel, conducted a complete and thorough review of the allegations raised in a recently filed civil complaint that Mr. Shell, PSKY's President, had violated certain SEC disclosure rules.
The company launched an investigation into allegations that Shell disclosed confidential information related to deals.
Jeff Shell is out as the president of Paramount Skydance , Deadline reported on Wednesday.
EXCLUSIVE: For the second time in three years,Jeff Shell has been ousted from a top corporate perch. Back in April 2023, the exec lost his job as NBCUniversal CEO amidst allegations of inappropriate conduct with a female CNBC reporter.
Paramount Skydance (PSKY) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Exchange Traded Concepts LLC lessened its holdings in Paramount Skydance Corporation (NASDAQ: PSKY) by 93.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 15,342 shares of the company's stock after selling 227,546 shares during the quarter. Exchange Traded
