
Work Here?
Work Here?
Work Here?
Preparing a concise company summary based on the provided description.
Industries
VR & AR
Entertainment
Gaming
Company Size
10,001+
Company Stage
IPO
Headquarters
Los Angeles, California
Founded
1912
See people who can refer or advise you
Help us improve and share your feedback! Did you find this helpful?
Total Funding
$79.8M
Above
Industry Average
Funded Over
1 Rounds
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
401(k) Retirement Plan
401(k) Company Match
Tuition Reimbursement
Paid Vacation
Paramount reported second-quarter results showing continued growth in streaming and studio segments. Revenue reached $6.91 billion, slightly beating analyst estimates, whilst adjusted EBITDA of $1.10 billion exceeded expectations by 20.3%. CEO David Ellison attributed improved profitability to an expanded theatrical slate and double-digit subscriber growth for Paramount+. The company reaffirmed its full-year revenue guidance of $30 billion. During the earnings call, analysts focused on the pending Warner Bros. Discovery merger. Ellison expressed confidence in closing the transaction despite ongoing litigation risks. Questions also addressed streaming revenue sustainability and live sports strategy. CFO Dennis Cinelli highlighted the company's positive free cash flow outlook and sufficient liquidity to manage potential merger delays.
Paramount keeping CNN sale 'on the table' in attempt to resolve lawsuit over Warner Bros. deal. Published Aug. 12, 2026, 7:55 p.m. ET See more of our coverage in your search results. Paramount Skydance is keeping all options, including a possible sale of CNN, "on the table" to resolve California's antitrust suit challenging its $110 billion acquisition of Warner Bros Discovery, the company's chief legal officer said. Speaking at Politico's California Agenda conference on Tuesday, Makan Delrahim also became the first Paramount executive to publicly acknowledge the Los Angeles-based company may leave California, after recent media reports cited unnamed sources about a potential relocation. Here are some more details: * Asked whether Paramount might quit the state, Delrahim said there is "a point at which where you have a duty, a fiduciary duty to your shareholders, and those are the factors you consider." * Referring to California's likely next governor, former U.S. health secretary Xavier Becerra, he said, "If I was governor, I wouldn't want to lose Hollywood from the state. I wouldn't want to lose a major company like Paramount to another state." * The exchange came days after Britain cleared the takeover, extracting five-year guarantees on programming and editorial independence for Channel 5 news from CNN International and CBS News. * That UK approval left the California-led litigation as the deal's last major regulatory obstacle, following clearances from U.S. federal regulators, China and other jurisdictions. * California Attorney General Rob Bonta and 11 other state attorneys general are seeking to block the merger, arguing it would create a "media behemoth" able to raise prices and reduce competition in film and television markets. * The states have dismissed Paramount's pledge to release 30 films a year as unenforceable and said the company would still be in a position to raise prices and decrease quality after the merger even if it stuck to that promise. This is a developing story. Please check back for updates.
Paramount Plus streaming upgrades laid out in leaked internal presentation. Paramount Plus streaming upgrades across short-form video, interactive sports and a new free-access tier are the company's chief product priorities for the current quarter, according to an internal presentation viewed by Business Insider and unveiled at a streaming town hall this week. The presentation, titled 'Product Priority Highlights,' details plans ranging from micro dramas designed to build daily viewing habits to a customisable multiview sports experience, and comes as Paramount Skydance Corporation pushes to close the subscriber gap with Netflix, Amazon Prime Video and Disney. Upgrades aimed at habit-building and ad revenue. The centrepiece of the platform push is a 'free front porch' feature that lets anyone browse the Paramount Plus app and sample content before subscribing, requiring only a free account. The dual aim is to attract new users who form habits and eventually pay, while also generating ad revenue from those who never do. Paramount Plus is also testing micro dramas, short episodes designed to build 'mobile daily habits at scale' and encourage viewers to open the app during brief windows in the day. A short-form video feed was added this spring, following similar moves by Netflix, Disney Plus, and Peacock. Vertical podcast clips are being added as part of the same short-form strategy. Streaming product EVP Dan Reich told staffers in May that the company is trying to 'get more of the video podcasts' and 'slice those up into segments for us to surface' in its short-form feed. Reich said podcast clips can boost 'long-form discovery' and 'viewing itself,' and described the volume of CBS News and CBS Sports content as 'a competitive advantage for NewsAnyway against companies like Netflix that don't have that volume of content.' On the sports side, Paramount Plus is strengthening its multiview feature with a customisable 'start card' for its quad-box layout, letting users choose which game's audio plays. Interactive elements, including real-time stats and in-stream highlights, have come online in recent weeks, with UFC, for which Paramount holds exclusive US rights, the first sport to receive the treatment. The presentation says these elements 'will expand to more sports.' The company is also expanding personalised artwork, meaning thumbnails for shows and movies, which it has long tested in A/B experiments. A person familiar with the initiative described it to Business Insider as an 'incremental' enhancement. Interactive ad formats, including thumbs-up and thumbs-down feedback buttons, are also in development, with the goal of 'intelligent ad selection' and 'lean-in formats' that generate richer audience signals. The case for Paramount Plus streaming upgrades, by the numbers. The urgency behind the Paramount Plus streaming upgrades is visible in the subscriber trajectory. Paramount Plus ended Q1 2026 with 79.6 million paying subscribers, adding 700,000 in the quarter, which fell short of analysts' target of 1 million new additions, according to Deadline. The same filing shows direct-to-consumer revenue rose 11% year-over-year to $2.4 billion in Q1 2026, as reported in Paramount's Q1 2026 SEC earnings exhibit. Q2 2026 showed a sharper recovery. Paramount Plus added 2 million subscribers in the quarter, ahead of expectations, and recorded its lowest churn quarter since launch, according to Variety. Streaming revenue rose 9% to $2.5 billion, with Paramount Plus revenue specifically up 16%. Overall company revenue rose 1% to $6.91 billion, though TV operations revenue fell 9% to $3.12 billion and ad revenue fell 14%. Paramount Skydance Corporation, the combined entity that emerged when the Ellison family completed their acquisition of Paramount Global on August 7, 2025, has said a merger with Warner Bros. Discovery would push its combined streaming base past 200 million customers. That deal, described by CEO David Ellison as a path to rapid scale for the 114-year-old media company, is currently on hold. Twelve state attorneys general filed suit in the Northern District of California to block what the California Attorney General describes as a $110 billion acquisition. The complaint argues the deal would leave four major film distributors controlling more than 85% of all wide-release films and combines two of Hollywood's five major studios. A Harvard Law School analysis of the case cites the deal value as $111 billion; the California AG complaint is the primary government document and puts the figure at $110 billion. Following the lawsuit, Paramount voluntarily agreed to postpone the merger until June 2027, or until the court rules, whichever comes first. With that timeline extended, the product roadmap unveiled this week is effectively Paramount's answer to the wait: grow the base, deepen engagement, and arrive at any eventual combination from a stronger position. Whether the Q2 subscriber rebound holds through the second half of 2026 will be the first real test of that strategy.
WildBrain CPLG opens first office in Japan and welcomes Koichi Yamamoto as Commercial Director. by Billy Langsworthy Published 11.08.26 "By combining local market insight with WildBrain CPLG's global capabilities, we have a unique opportunity to drive impactful collaborations across multiple categories and deliver long-term value for partners," said Yamamoto. WildBrain CPLG has opened its first-ever office in Japan. As part of the move, Koichi Yamamoto has joined WildBrain CPLG as Commercial Director for Japan. Yamamoto joins from Paramount Global Japan K.K., where he served as Head of Consumer Products for more than four years, and brings further experience from Hasbro, Mattel and United Media. Yamamoto reports to Soojin Ahn, Regional Director, South Korea and Japan, WildBrain CPLG, who is spearheading the agency's expansion across the APAC territories, under the leadership of Marie Kopp, VP APAC. "Japan represents a highly strategic market for WildBrain CPLG, with significant opportunities to grow our brand portfolio and deepen partnerships," said Maarten Weck, Chief Commercial Officer and Managing Director at WildBrain CPLG. "Opening a dedicated office in Tokyo marks an important step in our Asia-Pacific expansion, enabling us to build a strong, locally rooted presence and deliver tailored, market-specific strategies for our partners. With Koichi and Soojin's leadership and expertise, we are well positioned to unlock new opportunities and accelerate growth across the region." Marie Kopp, VP, APAC at WildBrain CPLG added: "Japan is one of the world's most influential and unique licensing markets, offering exceptional opportunities for brand and retail partnerships. Brands Untapped is committed to building a strong local presence that combines deep market expertise with the strength of its global network. "I'm delighted to welcome Koichi to the team and look forward to working closely with him and Soojin to build our presence in Japan, strengthen local partnerships and drive the next phase of growth in this exciting market." Koichi Yamamoto, Commercial Director, Japan at WildBrain CPLG said: "WildBrain CPLG has an outstanding portfolio of globally recognised brands and a strong track record of building meaningful partnerships. I'm pleased to join the team at such a pivotal moment and to lead the business in Japan. "By combining local market insight with WildBrain CPLG's global capabilities, we have a unique opportunity to drive impactful collaborations across multiple categories and deliver long-term value for partners." WildBrain CPLG will continue to work closely with its longstanding sub-agent in the market for Teletubbies, Tohoku Shinsha Co., Ltd.
KDKA is next CBS-owned station to debut augmented-virtual reality studio. [email protected] August 11, 2026 Key points. * Key Point 1 * Key Point 2 * Key Point 3 The CBS-owned station in Pittsburgh has become the latest in Paramount's portfolio to launch a new augmented-virtual reality television studio to futurize its local news broadcasts, the company announced on Tuesday. KDKA (Channel 2) station debuted the AR/VR studio during its 4 p.m. newscast with anchor Kristine Sorensen and meteorologists Mary Ours and Ray Petelin. The station said the studio is the first of its kind in the Pittsburgh region. The technology is intended to help the station present complex stories with more visual context, including severe weather coverage, breaking news developments and major community events. "Our new AR/VR technology helps us bring complex stories to life in ways that are more engaging and easier for viewers to understand," Julie Eisenman, the President and General Manager of CBS Pittsburgh, said. "Whether we're tracking severe weather, explaining breaking news developments or covering major community events, these advanced visual tools help us tell stories with greater clarity and context." Eisenman said the new studio represents an investment in innovation and strengthens the station's ability to serve viewers across the Pittsburgh region. For now, the station will use the new AR/VR studio to augment its weather forecasts, but there are plans to deploy it more-broadly across KDKA's news operations. With the launch, CBS Pittsburgh becomes the 13th CBS station to integrate AR/VR technology into its news operations. Other CBS-owned stations in San Francisco, Los Angeles, New York City, Philadelphia, Sacramento, Miami, Chicago and Detroit are among the outlets that have similar AR/VR studios.
Find jobs on Simplify and start your career today
Industries
VR & AR
Entertainment
Gaming
Company Size
10,001+
Company Stage
IPO
Headquarters
Los Angeles, California
Founded
1912
Find jobs on Simplify and start your career today