Company Description
Paramount Skydance Corporation (NASDAQ: PSKY), referred to in its own communications as Paramount, a Skydance Corporation, is a global media and entertainment company in the Communication Services sector. According to the company’s public statements, Paramount is described as a next‑generation media and entertainment business organized around three primary segments: Filmed Entertainment, Direct‑to‑Consumer, and TV Media.
In its Filmed Entertainment segment, Paramount highlights well‑known production and distribution assets such as Paramount Pictures and Paramount Television. These operations are associated with the creation and distribution of movies and television content. The company states that its portfolio unites a group of long‑standing entertainment brands, and that much of the content used across the organization is developed within these studio operations.
The Direct‑to‑Consumer segment, as described in company materials, centers on streaming and related services. Paramount identifies Paramount+ and Pluto TV as part of this segment, and in some descriptions also refers to BET+. The company notes that Paramount+ is a premium streaming subscription service that delivers live sports, breaking news, and a broad range of entertainment programming. Pluto TV is referenced as a platform where viewers can access channels such as the MTV Jersey Shore Channel, which carries library content from the broader portfolio.
Within TV Media, Paramount points to a collection of broadcast and cable properties. The firm’s own descriptions reference CBS – which it calls America’s most‑watched broadcast network – as well as CBS News and CBS Sports. In addition, the company lists well‑known cable brands including Nickelodeon, MTV, BET, Comedy Central, and Showtime. These linear and network brands are part of the broader TV Media and content ecosystem that supports both traditional distribution and streaming.
Paramount also states that its portfolio includes the Skydance group of businesses, covering Skydance Animation, Skydance Film, Skydance Television, Skydance Interactive/Games, and Skydance Sports. These operations are described as divisions within the overall Paramount structure and are positioned alongside the legacy Paramount brands in company communications.
In addition to its core entertainment activities, Paramount Skydance has been active in corporate and capital markets developments. Public releases describe a tender offer made by Paramount, through a wholly owned subsidiary, to acquire all outstanding shares of Warner Bros. Discovery, Inc. (WBD) in an all‑cash transaction. The company characterizes this as a $30 per share fully financed cash offer and has discussed related financing commitments and regulatory considerations in its communications. Warner Bros. Discovery, in its own statements, has responded to these proposals and compared them to a separate merger agreement with Netflix.
Paramount’s filings with the U.S. Securities and Exchange Commission (SEC) confirm that the company is a reporting issuer. For example, a Form 8‑K dated November 10, 2025 notes that Paramount Skydance Corporation issued a shareholder letter announcing financial results for the quarter ended September 30, 2025. Another Form 8‑K dated September 16, 2025 reports the appointment of Dennis Cinelli to the company’s Board of Directors and to the Audit Committee, and identifies the company’s principal executive offices as being located in New York, New York.
Paramount has also announced changes in its leadership and governance. In a January 2026 news release, the company stated that Dennis K. Cinelli would join its executive leadership team as Chief Financial Officer, succeeding an interim CFO, and that he would oversee global financial functions including accounting, tax, and investor relations. The same announcement noted that Andrew Campion would join the Board of Directors as an independent director, with the company highlighting his prior experience in senior roles at Nike and The Walt Disney Company.
Beyond corporate actions, Paramount’s portfolio brands are active in content development and international programming. Paramount+ in Canada, which the company describes as part of its Direct‑to‑Consumer division, has announced CANADA SHORE as its first Canadian original series and a new entry in the global “Shore” franchise. Press releases explain that CANADA SHORE is produced by Insight Productions and is positioned as a Canadian edition of the MTV Shore format, with distribution on Paramount+ and sampling on Pluto TV.
Across its disclosures and news releases, Paramount Skydance presents itself as a media and entertainment company whose operations span studio production, broadcast and cable networks, and streaming platforms. The company’s communications emphasize the integration of its legacy Paramount properties with Skydance divisions and its focus on both traditional TV media and direct‑to‑consumer streaming.
Business Segments
According to Paramount’s own descriptions, the company is organized into three main business segments:
- Filmed Entertainment – Includes Paramount Pictures and Paramount Television, along with Skydance’s film and television divisions.
- Direct‑to‑Consumer – Encompasses Paramount+, Pluto TV, and, in some descriptions, BET+, and is described as a cornerstone of the company’s streaming strategy.
- TV Media – Covers CBS, CBS News, CBS Sports, and cable networks such as Nickelodeon, MTV, BET, Comedy Central, and Showtime.
Stock and Regulatory Profile
Paramount Skydance Corporation’s Class B common stock is listed on the NASDAQ under the ticker symbol PSKY, as referenced in multiple press releases and SEC filings. The company files periodic and current reports with the SEC, including Form 10‑K, Form 10‑Q, and Form 8‑K, which provide additional detail on its financial condition, risk factors, and corporate governance.
FAQs
- What does Paramount Skydance Corporation do?
Paramount Skydance Corporation describes itself as a global media and entertainment company with three segments: Filmed Entertainment, Direct‑to‑Consumer, and TV Media. Its portfolio includes brands such as Paramount Pictures, Paramount Television, CBS, Nickelodeon, MTV, BET, Comedy Central, Showtime, Paramount+, Pluto TV, and Skydance’s Animation, Film, Television, Interactive/Games, and Sports divisions. - How is Paramount Skydance’s business organized?
The company states that it is organized into Filmed Entertainment, Direct‑to‑Consumer, and TV Media segments. Filmed Entertainment focuses on film and television production, Direct‑to‑Consumer includes streaming services like Paramount+ and Pluto TV, and TV Media includes broadcast and cable networks such as CBS and various cable channels. - What is Paramount+ in relation to Paramount Skydance?
Paramount+ is described in company materials as a premium streaming subscription service and a cornerstone of the Direct‑to‑Consumer division of Paramount, a Skydance Corporation. It offers live sports, breaking news, and entertainment content drawn from the company’s portfolio of brands. - Which major brands are associated with Paramount Skydance?
In its public communications, Paramount lists Paramount Pictures, Paramount Television, CBS, CBS News, CBS Sports, Nickelodeon, MTV, BET, Comedy Central, Showtime, Paramount+, Pluto TV, and Skydance’s Animation, Film, Television, Interactive/Games, and Sports divisions as part of its portfolio. - What is PSKY’s stock exchange and ticker symbol?
Paramount Skydance Corporation’s stock is traded on the NASDAQ under the ticker symbol PSKY, as indicated in company press releases and SEC filings. - Has Paramount Skydance reported recent financial results?
A Form 8‑K dated November 10, 2025 states that Paramount Skydance Corporation issued a shareholder letter announcing financial results for the quarter ended September 30, 2025. The shareholder letter was furnished as an exhibit to that filing. - What corporate governance changes has Paramount Skydance disclosed?
In a Form 8‑K dated September 16, 2025, the company reported that Dennis Cinelli was appointed to its Board of Directors and to the Audit Committee. A January 2026 press release further stated that Dennis K. Cinelli would become Chief Financial Officer and that Andrew Campion would join the Board as an independent director. - What is Paramount Skydance’s involvement with Warner Bros. Discovery?
Paramount has publicly announced a fully financed all‑cash tender offer to acquire all outstanding shares of Warner Bros. Discovery, Inc. at $30 per share. Warner Bros. Discovery’s own releases describe this as an unsolicited offer and compare it to a separate merger agreement with Netflix. - How does Pluto TV relate to Paramount Skydance?
Pluto TV is mentioned in company and Paramount+ Canada releases as part of the Paramount portfolio and as a platform where viewers can access channels such as the MTV Jersey Shore Channel and sample episodes of series like CANADA SHORE. - What is CANADA SHORE and how is Paramount involved?
CANADA SHORE is described in Paramount+ Canada press releases as the first Canadian edition of the MTV Shore franchise and the first Canadian original series for Paramount+ in Canada. It is produced by Insight Productions and distributed on Paramount+, with promotional sampling on Pluto TV.