Paramount Filmed Entertainment, a privately owned company headquartered in the US, is a subsidiary of Paramount Global. Founded in 1912 and employing approximately 6290 individuals, the company reported $3.0B in revenue as of 2024. The company specializes in the global development, production, financing, and distribution of films. Its operations are centered around the Paramount Pictures studio, known for major franchises such as Mission: Impossible, Star Trek, and Transformers. The division also includes specialized production labels like Paramount Animation for animated features, Nickelodeon Movies for family content, and Paramount Players for contemporary and genre-specific films. In addition to theatrical releases, the group manages the global distribution of its content through Paramount Home Entertainment and other licensing arrangements.