Paramount Skydance in the context of "Los Angeles, California"

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⭐ Core Definition: Paramount Skydance

Paramount Skydance Corporation (doing business as Paramount) is an American multinational mass media and entertainment conglomerate. It is headquartered at the Paramount Pictures lot in the Hollywood neighborhood of Los Angeles, California, with offices at the previous Skydance Media headquarters in Santa Monica, California and the previous Paramount Global headquarters at One Astor Plaza in New York City.

The company was formed on August 7, 2025 by David Ellison, through the merger of Paramount Global, National Amusements, and Skydance Media. The company trades under the ticker symbol "PSKY" on the Nasdaq.

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In this Dossier

Paramount Skydance in the context of MTV

MTV (originally an initialism of Music Television) is an American cable television channel and the flagship property of the MTV Entertainment Group, a sub-division of the Paramount Media Networks division of Paramount Skydance. Launched on August 1, 1981, the channel originally aired music videos and related music entertainment programming guided by television personalities known as video jockeys (VJs). MTV soon began establishing its presence overseas, eventually gaining an unprecedented cult following and becoming one of the major factors in cable programming's rise to fame, leading American corporations to dominate the television economy in the 1990s.

In the years since its inception, the channel significantly toned down its focus on music in favor of original reality programming for teenagers and young adults. As of November 2023, MTV is available to approximately 67 million pay television households in the United States, down from its 2011 peak of 99 million households.

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Paramount Skydance in the context of Paramount Pictures

Paramount Pictures Corporation (corporation name since 1950), commonly known as Paramount Pictures or simply Paramount, is an American film production and distribution company and the flagship namesake subsidiary of Paramount Skydance. Founded on May 8, 1912, it is the sixth-oldest global film studio and the second-oldest in the United States behind Universal Pictures, and it is one of the "Big Five" film studios located within the city limits of Los Angeles.

In 1916, film producer Adolph Zukor put 24 actors and actresses under contract and honored each with a star on the logo. In 1967, the number of stars was reduced to 22 and their hidden meaning was dropped. In 2014, Paramount Pictures became the first major Hollywood studio to distribute all of its films in digital form only. The company's headquarters and studios are located at 5555 Melrose Avenue, Hollywood, California.

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Paramount Skydance in the context of Paramount Media Networks

Paramount Media Networks is the division of Paramount Skydance Corporation that oversees the operations of its television channels and online brands. The division was originally founded as MTV Networks in 1984, named after MTV. It would be known under this name until 2011; when it would be thereafter known as Viacom Media Networks until 2019; and ViacomCBS Domestic Media Networks until 2022.

The division's television assets are managed through four units: MTV Entertainment Group, Showtime Networks, BET Media Group, and Nickelodeon Group. Paramount's international/foreign assets are overseen by Paramount International Networks.

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Paramount Skydance in the context of Skydance Media

Skydance Media, LLC (formerly known as Skydance Productions from 2006 to 2016) was an American film production and finance company based in Santa Monica, California. Founded by David Ellison on April 4, 2006, the company specialized in films, animation, television, video games, and sports.

In 2009, the company entered a five-year partnership to co-produce and co-finance films with Paramount Pictures. This agreement was renewed twice, extending to 2021. On July 7, 2024, Skydance announced its intent to merge with Paramount Global in an $8 billion transaction, under an agreement in which Skydance would acquire Paramount's controlling shareholder National Amusements, and then perform an all-stock merger with the company. On July 24, 2025, the merger was approved by the FCC, and the merger was closed on August 7, 2025, forming Paramount Skydance (which the Skydance Media library transferred to Paramount Pictures).

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Paramount Skydance in the context of Channel 5 (UK)

5 (formerly known as Channel 5 and Five) is a British free-to-air public broadcast television channel owned and operated by Channel 5 Broadcasting Limited, a wholly owned subsidiary of Paramount Skydance's UK and Australia division. It was launched on 30 March 1997 to provide a fifth national terrestrial channel in the United Kingdom.

Channel 5 was renamed Five, from 16 September 2002 until 13 February 2011. Most of this was under the RTL Group's ownership with Richard Desmond purchasing the channel on 23 July 2010 and reverting the name change. On 1 May 2014, the channel was acquired by Viacom (now Paramount Global) for £450 million (US$759 million). Channel 5 was rebranded as 5 on 12 March 2025 along with its streaming service.

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Paramount Skydance in the context of Bravo (American TV network)

Bravo is an American basic cable television network, launched on December 8, 1980. It is owned by the NBCUniversal Media Group division of Comcast's NBCUniversal. The channel originally focused on programming related to fine arts and film. Since the 2000s, it has focused heavily on reality series targeted at 25-54 year-old women and the LGBTQ community at large. Its former sister channels are Nickelodeon and IFC, which are currently owned by Paramount Skydance Corporation and AMC Networks, respectively. As of November 2023, Bravo is available to approximately 70 million pay television households in the United States, down from its 2013 peak of 95 million households.

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Paramount Skydance in the context of Nickelodeon Animation Studio

Nickelodeon Animation Studio Inc. (also known as Nickelodeon Animation Studios and Nick Animation) is an American animation studio owned by Paramount Skydance Corporation through the Nickelodeon Group. It has created many original animated television programs for Nickelodeon, Nicktoons, and Nick Jr., such as SpongeBob SquarePants, The Fairly OddParents, Rugrats, Avatar: The Last Airbender, and The Loud House, among various others. Since the 2010s, the studio has also produced its own series based on preexisting IP purchased by Paramount Skydance Corporation, such as Teenage Mutant Ninja Turtles and Winx Club. In November 2019, Nickelodeon Animation Studio signed a multiple-year output deal for Netflix, which will include producing content, in both new and preexisting IP, for the streaming platform, while also doing so for Paramount+.

The studio was founded in 1992 under the name Games Animation Inc. as a subsidiary of a pre-existing company named Games Productions (now known as Nickelodeon Productions). It oversaw the production of three animated programs for Nickelodeon: Doug, Rugrats and The Ren & Stimpy Show. In 1992, Nickelodeon began work on Games Animation's first fully in-house series, Rocko's Modern Life. Games Animation produced much of the network's mid-1990s output in partnership with other animation companies like Klasky Csupo. In 1998, the studio moved from Studio City, California to Burbank with the construction of a new facility. It was renamed Nickelodeon Animation Studio and later Nickelodeon Studios Burbank. In 1999, a second facility in New York City was opened, named Nickelodeon Animation Studio New York.

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Paramount Skydance in the context of The CW

The CW Network, LLC (commonly referred to as the CW or simply CW) is an American commercial broadcast television network which is controlled by Nexstar Media Group through a 75% ownership interest. The network's name is derived from the first letters of the names of its two founding co-owners CBS Corporation and Warner Bros. Nexstar acquired a 75% controlling stake in the network on October 3, 2022, with Paramount Skydance and Warner Bros. Discovery (CBS Corporation and Warner Bros.'s respective successor companies) each retaining a 12.5% ownership stake.

The CW debuted on September 18, 2006 as the successor to UPN and the WB, which had both shut down that month. Its first two nights of programming—on September 18, 2006 and September 19, 2006—consisted of reruns and launch-related specials. The CW marked its formal launch date on September 20, 2006, with the two-hour premiere of the seventh cycle of America's Next Top Model. The network's programming lineup is intended to appeal mainly to viewers between the ages of 18 and 34, although from 2008 to 2011 the network shifted its programming to appeal to women in that demographic. As of August 2017, the network's audience was evenly split between men and women.

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Paramount Skydance in the context of CBS

CBS Broadcasting Inc., commonly shortened to CBS (an abbreviation of its original name, the Columbia Broadcasting System), is an American commercial broadcast television and radio network and the flagship property of the CBS Entertainment Group division of Paramount Skydance. It is one of Paramount Skydance's three flagship subsidiaries, along with partial namesake Paramount Pictures and MTV.

Founded in 1927, headquartered at the CBS Building in New York City and being part of the "Big Three" television networks, CBS has major production facilities and operations at the CBS Broadcast Center and One Astor Plaza (both also in that city) and Television City and the CBS Studio Center in Los Angeles. It is sometimes referred to as the Eye Network, after the company's trademark symbol of an eye (which has been in use since October 20, 1951), and also the Tiffany Network, which alludes to the perceived high quality of its programming during the tenure of William S. Paley (and can also refer to some of CBS's first demonstrations of color television, which were held in the former Tiffany and Company Building in New York City in 1950).

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