About Paramount
Paramount is a company based in Los Angeles (United States) founded in 1912 was acquired by Skydance in July 2024. It operates as a Subscription Services, Advertising Model, and Direct-to-Consumer (D2C). Paramount has raised $2.7 billion across 2 funding rounds from investors including Skydance Media, Berkshire Hathaway and Paramount. The company has 22,100 employees as of December 31, 2024. Paramount has completed 2 acquisitions, including ScreenLife and Skydance Media. Paramount offers products and services including Paramount+, Paramount Pictures, Pluto TV, MTV, and Nickelodeon.
- Headquarter Los Angeles, United States
- Employees 22100 as on 31 Dec, 2024
- Stage Public
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Sectors
Media & Entertainment
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Phone
*********
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Website
*********
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Social
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- Legal Name Paramount Skydance Corporation
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Annual Revenue
$29.21 B-1.48as on Dec 31, 2024
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Net Profit
$-6.19 B-492.34as on Dec 31, 2024
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EBITDA
$2 B10426.32as on Dec 31, 2024
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Total Equity Funding
$2.7 B (USD)
in 2 rounds
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Latest Funding Round
$100 M (USD), Series D
Jul 13, 2023
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Investors
Skydance Media
& 3 more
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Employee Count
22100
as on Dec 31, 2024
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Investments & Acquisitions
ScreenLife
& 1 more
- Acquired by
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IPO & Listings of Paramount
Paramount is a publicly listed company on the NASDAQ with ticker symbol PSKY in USA, operating in the Consumer services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Paramount
Paramount offers a comprehensive portfolio of products and services, including Paramount+, Paramount Pictures, Pluto TV, MTV, and Nickelodeon. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
A subscription-based video on-demand streaming service offered.
Filmed entertainment is produced and distributed globally.
Free streaming television service with numerous channels.
Youth entertainment programming is created and broadcasted.
Entertainment content for children is developed globally.
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Leadership Team
185 people
Software Development Team
143 people
Sales and Marketing
139 people
Product Management Team
86 people
Human Resources and Administration
44 people
Finance and Accounting
38 people
Operations Team
34 people
Creative and Marketing Team
31 people
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Funding Insights of Paramount
Paramount has successfully raised a total of $2.7B across 2 strategic funding rounds. The most recent funding activity was a Series D round of $100 million completed in July 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series D — $100.0M
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First Round
First Round
(16 May 2022)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2023 | Amount | Series D - Paramount | Valuation |
investors |
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| May, 2022 | Amount | Series D - Paramount | Valuation | Berkshire Hathaway |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Paramount
Paramount has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include Skydance Media, Berkshire Hathaway and Paramount. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Provider of multinational conglomerate services
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Founded Year | Domain | Location | |
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Multiple TV brands are managed as a network by ViacomCBS.
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Founded Year | Domain | Location | |
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Film, television, animation, and interactive entertainment are developed.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Paramount
Paramount has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include ScreenLife and Skydance Media. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Film, television, animation, and interactive entertainment are developed.
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2010 | ||||
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PC and console games are developed, including film trivia quizzes.
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2002 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Paramount
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Paramount Comparisons
Competitors of Paramount
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Paramount
Frequently Asked Questions about Paramount
When was Paramount founded?
Paramount was founded in 1912 and raised its 1st funding round 110 years after it was founded.
Where is Paramount located?
Paramount is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Who is the current CEO of Paramount?
George Cheeks is the current CEO of Paramount.
Is Paramount a funded company?
Paramount is a funded company, having raised a total of $2.7B across 2 funding rounds to date. The company's 1st funding round was a Series D of $2.6B, raised on May 16, 2022.
How many employees does Paramount have?
As of Dec 31, 2024, the latest employee count at Paramount is 22,100.
What is the annual revenue of Paramount?
Annual revenue of Paramount is $29.21B as on Dec 31, 2024.
What does Paramount do?
A diverse portfolio of multimedia entertainment and news brands is operated by Paramount. Operations span across streaming services, film production, television broadcasting, and youth and kids entertainment. Key services include Paramount, a direct-to-consumer digital subscription video on-demand platform, and Pluto TV, a leading free streaming television service. Film production is handled through Paramount Pictures, with a library of over 1,000 titles since 1912. Additional brands like MTV, Nickelodeon, CBS Entertainment, and BET Media Group cater to varied demographics and cultural segments globally.
What products or services does Paramount offer?
Paramount offers Paramount+, Paramount Pictures, Pluto TV, MTV, and Nickelodeon.
Is Paramount publicly traded?
Yes, Paramount is publicly traded on NASDAQ under the ticker symbol PSKY.
How many acquisitions has Paramount made?
Paramount has made 2 acquisitions, including ScreenLife, and Skydance Media.
Who are Paramount's investors?
Paramount has 4 investors. Key investors include Skydance Media, Berkshire Hathaway, Paramount, and Creative Wealth Management.
What is Paramount's ticker symbol?
The ticker symbol of Paramount is PSKY on NASDAQ.