Paramount Global, often referred to simply as Paramount, was an American multinational mass media and entertainment conglomerate headquartered in New York City, New York. Formed on December 4, 2019, through the merger of Viacom and CBS Corporation, the company rebranded from ViacomCBS to Paramount Global in February 2022. It was publicly traded on Nasdaq under ticker symbols PARAA (Class A) and PARA (Class B) and was controlled by National Amusements, Inc. As of December 31, 2024, Paramount Global reported approximately 18,600 employees and generated $29.2 billion in revenue in 2024. The company merged with Skydance Media on August 7, 2025, to form Paramount Skydance Corporation.
Paramount Global's operations spanned three primary segments: TV Media, Direct-to-Consumer, and Filmed Entertainment. The company produced and distributed content across a vast portfolio of brands, including broadcast networks like CBS, cable channels such as MTV, Nickelodeon, Comedy Central, BET, and Showtime, and its namesake film studio, Paramount Pictures. Its direct-to-consumer offerings included streaming services like Paramount+ and Pluto TV. Additionally, Paramount Global engaged in content licensing, merchandising, and live events through its Consumer Products & Experiences division, managing franchises such as SpongeBob SquarePants and PAW Patrol.
In terms of patent litigation, Paramount Global (now Paramount Skydance Corporation) appears to operate as a defendant operating company. The company has no record as a plaintiff in tracked patent cases but has been named as a defendant in one tracked suit. This posture suggests it primarily defends against assertions of intellectual property rights by other entities.
The sole tracked patent litigation case involving the company is Nokia Tech Oy v. Paramount Skydance Corp et al., filed in the District of Delaware on August 21, 2025. This case follows the company's merger with Skydance Media earlier that month, which created Paramount Skydance Corporation.