Paramount Global

Paramount Global (doing business as Paramount) is an American multinational mass media and entertainment conglomerate controlled by National Amusements and headquartered at One Astor Plaza in Midtown Manhattan in New York City. The company was formed on December 4, 2019, as ViacomCBS Inc. through the merger of the second incarnations of CBS Corporation and Viacom (which were split from the original Viacom on December 31, 2005). The company changed its name to Paramount Global on February 16, 2022, the day after its Q4 earnings presentation.

Paramount Global

Logo used since 2022
Paramount Global headquarters at One Astor Plaza in New York City
Trade name	Paramount
Formerly	ViacomCBS Inc. (2019–2022)
Company type	Public
Traded as	NASDAQ: PARAA (Class A) NASDAQ: PARA (Class B) S&P 500 component (PARA)
ISIN	US92556H2067
Industry	Mass media
Predecessors	CBS Line Westinghouse Electric Corporation CBS Corporation (1997–2000, 2006–2019) Viacom Line Viacom (1952–2006, 2005–2019) ViacomCBS (2019-2022) Paramount Line Gulf and Western Industries Paramount Communications
Founded	December 4, 2019 (2019-12-04)
Founder	Shari Redstone
Headquarters	One Astor Plaza, Midtown Manhattan, New York City, New York , United States Culver City, California
Area served	Worldwide
Key people	Shari Redstone (Chairwoman) Bob Bakish (President and CEO)
Revenue	US$25.29 billion (2020)
Operating income	US$4.14 billion (2020)
Net income	US$2.42 billion (2020)
Total assets	US$52.66 billion (2020)
Total equity	US$15.37 billion (2020)
Owner	National Amusements
Number of employees	22,109
Divisions	Paramount Pictures CBS Entertainment Group Paramount Domestic Media Networks Paramount Networks International Paramount Streaming Paramount Global Content Distribution
Subsidiaries	List of assets owned by Paramount Global
Website	www.paramount.com