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Paramount Global
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Joint venture producing film, television content
Paramount Global
Work Here?
Joint venture producing film, television content
Overview
Preparing a concise company summary based on the provided description.
About Paramount Global
Industries
VR & AR
Entertainment
Gaming
Company Size
10,001+
Company Stage
IPO
Headquarters
Los Angeles, California
Founded
1912
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Simplify's Take
What believers are saying
- September 2026 settlement cleared the Warner Bros. acquisition and removed the antitrust blockade.
- Paramount+ reached 81 million subscribers in Q2 2026, driven by sports and Landman.
- The company expects 2026 revenue of $30 billion and DTC profitability growth.
What critics are saying
- Taylor Sheridan left for NBCUniversal; Paramount loses a franchise engine through 2028.
- The Warner Bros. deal adds $13.6 billion debt and requires $6 billion synergies.
- A failed integration or debt shock triggers layoffs, asset sales, and subscriber attrition.
What makes Paramount Global unique
- Paramount controls CBS, Nickelodeon, MTV, Pluto TV, and Paramount Pictures.
- David Ellison is merging studios, broadcast, and streaming into one IP machine.
- Paramount+ and Pluto TV share a unified technology stack, cutting costs and improving retention.
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Funding
Total Funding
$79.8M
Above
Industry Average
Funded Over
1 Rounds
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
401(k) Retirement Plan
401(k) Company Match
Tuition Reimbursement
Paid Vacation
Stock Price
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↓ -1%2 year growth
↓ -1%A federal judge approved Paramount Skydance's settlement with 12 US states on Wednesday, clearing the way for its $111 billion takeover of Warner Bros Discovery to close on 6 October. The settlement requires the combined company to release at least 30 films annually for five years. For each film it falls short, it must pay $30 million. If it fails to meet quotas, it must also sell its minority stake in Miramax. The merged entity must spend $300 million more yearly on US production than Paramount and Warner Bros spent in 2025. At least 20 films must open on 2,000-plus screens in years one and two, rising to 21 in years three to five. The commitment period begins in 2027. Industry groups including Free Press and the Future Film Coalition had urged the court to reject the settlement as insufficiently protective.
A US federal judge has approved Paramount Skydance Corporation's antitrust settlement with 12 state attorneys general, clearing its acquisition of Warner Bros Discovery. The merger is expected to close on 6 October. The states, led by California's attorney general, had argued the combination would create excessive market concentration in theatrical films and television channels. Under the settlement, the merged company must release at least 30 films annually in the first two years, increasing to 32 in subsequent years. Each film requires a minimum 45-day theatrical window. The company faces a $30 million penalty per missed film, plus mandatory divestiture of its Miramax stake. It must also increase domestic production spending by $300 million annually and establish a five-member editorial independence board for CBS News and CNN.
David Ellison announced Ynon Kreiz as co-CEO of Paramount ahead of its $110 billion merger with Warner Bros. Discovery. Kreiz, former CEO of Mattel since 2018, will join Paramount on Monday as the deal finalises. In a memo to employees, Ellison said their skills complement each other and they share a vision for the company. Ellison will lead creative and tech strategy, whilst Kreiz will oversee day-to-day operations and deal integration. Kreiz previously led Mattel's transformation and brand-centric strategy. Before that, he served as chairman and CEO of Maker Studios and Endemol Group. Ellison told staff there's "nobody I'd rather have standing next to me" as they build what he called "one of the most ambitious next-generation media companies in the industry's history.
Paramount Skydance has appointed outgoing Mattel chief executive Ynon Kreiz as co-CEO of the combined Paramount Warner Brothers Discovery entity. The announcement comes as Kreiz steps down from Mattel, effective 2 October, with the merger expected to close next week. Kreiz will assume his new role on 5 October, overseeing day-to-day operations and joining the company's board. David Ellison will remain chairman and CEO, focusing on strategy, creative technology, and capital allocation. Since joining Mattel in 2018, Kreiz has revived the Barbie brand and expanded the company's presence in film and entertainment, notably with the blockbuster Barbie movie.
David Ellison has appointed Ynon Kreiz as co-CEO of the combined Paramount and Warner Bros. Discovery entity, effective at closing. The merger is expected to generate more than $6 billion in run-rate synergies. Kreiz joins from Mattel, where he has served as chairman and CEO since 2018. He brings over 30 years of experience in international media and entertainment, having previously led Maker Studios, Endemol Group, and Fox Kids Europe. As chairman and CEO, Ellison will oversee strategy, creative direction and technology. Kreiz will manage day-to-day operations and integration of the combined businesses. Under Ellison's leadership, Paramount has doubled its theatrical slate and is projected to grow 2026 revenue and EBITDA by 16-19%. The merged company's streaming platform is expected to reach over 200 million global subscribers.
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About Paramount Global
Industries
VR & AR
Entertainment
Gaming
Company Size
10,001+
Company Stage
IPO
Headquarters
Los Angeles, California
Founded
1912
Paramount Global is Hiring for 251 Jobs on Simplify!
Find jobs on Simplify and start your career today