Skydance SKYD

Paramount Skydance Corporation is a global media and entertainment company that creates and distributes content across television, film, and streaming platforms. The company operates broadcast and cable networks, produces original programming, and manages a portfolio of streaming services including Paramount+ and Pluto TV. It also develops and releases theatrical films through its filmed entertainment division and licenses content to third parties in domestic and international markets.

Paramount Skydance Corporation generates revenue primarily from advertising sales across its linear and digital platforms, affiliate and subscription fees from distributors and streaming services, and licensing and other revenues from content distribution and home entertainment. Advertising revenue is derived from commercial sales on its broadcast and cable networks as well as its streaming services. Affiliate and subscription revenue includes fees paid by television providers for carrying its networks and subscription fees from its direct-to-consumer streaming platforms. Licensing and other revenue comes from the sale of content to third parties, home entertainment distribution, consumer products, live events, and interactive content such as games.

The company operates through the following segments: TV Media, Direct-to-Consumer, and Filmed Entertainment.

• The TV Media segment consists of broadcast operations including the CBS Television Network and owned television stations, international free-to-air networks such as Network 10, Channel 5, and Chilevisión, domestic premium and basic cable networks including Paramount+ with Showtime, MTV, Comedy Central, Paramount Network, The Smithsonian Channel, Nickelodeon, BET Media Group, CBS Sports Network, and their international extensions, as well as domestic and international television studio operations such as CBS Studios and Paramount Television Studios, and digital properties like CBS News Streaming and CBS Sports HQ.
• The Direct-to-Consumer segment includes the company's portfolio of domestic and international pay and free streaming services, specifically Paramount+, Pluto TV, and BET+.
• The Filmed Entertainment segment consists of Paramount Pictures, Skydance’s Animation, Film, Television, Interactive/Games, and Sports divisions, Paramount Players, Paramount Animation, Nickelodeon Studio, Awesomeness, and Miramax, encompassing theatrical film production, content production for television and interactive media, and related distribution activities.

Paramount Skydance Corporation holds a leading position in the global media and entertainment industry, competing with major diversified content companies such as The Walt Disney Company, Warner Bros. Discovery, and Netflix. Its competitive advantages stem from its extensive library of intellectual property, broad distribution across multiple platforms including broadcast, cable, and streaming, and its ability to produce and deliver content across news, sports, entertainment, and premium genres to a wide audience.

The company serves a diverse customer base including individual consumers who subscribe to its streaming platforms, advertisers seeking to reach audiences across its television and digital properties, television distributors and multichannel video programming distributors that carry its networks, and third-party content licensees that acquire rights to exhibit its programming on various platforms.