Short answers, pulled from the story.
Paramount Global traces its origins to the 1912 founding of Famous Players Film Company, which evolved into Paramount Pictures. The entity officially adopted the name Paramount Global on the 16th of February 2022 following a merger between CBS Corporation and Viacom.
National Amusements holds controlling interest in Paramount Global through Shari Redstone as chair. Brian Robbins, George Cheeks, and Chris McCarthy lead the executive office after Bob Bakish stepped down from his role as president and CEO on the 29th of April 2024.
The company operates seven business segments that include Paramount Pictures, Nickelodeon, CBS Entertainment Group, and international networks. Its Direct-to-Consumer division manages global over-the-top streaming services such as Paramount+, Pluto TV, SkyShowtime, CBS News 24/7, CBS Sports HQ, and BET+.
July 2025 marked a significant legal resolution when the company agreed to pay a $16 million bribe to settle a lawsuit filed by President Donald Trump. The suit alleged deceptive editing of an October 2024 60 Minutes interview featuring his Democratic rival Kamala Harris.
The 13th of August 2019 saw CBS and Viacom officially announce their merger under the name ViacomCBS with Shari Redstone serving as chair. The combined entity began trading on NASDAQ under symbols VIAC and VIACA after CBS Corporation delisted shares from the New York Stock Exchange.