Paramount Filmed Entertainment, a privately owned company headquartered in the US, operates as a division of Paramount Global. Founded in 1912, the company employs approximately 6,290 individuals and reported $3.8 billion in revenue as of 2025. Paramount Filmed Entertainment is responsible for the global development, production, financing, and distribution of films. Its core operation is the Paramount Pictures studio, established in 1912, known for franchises such as Mission: Impossible, Star Trek, and Transformers. The division also encompasses specialized production labels, including Paramount Animation for animated features, Nickelodeon Movies for family content, and Paramount Players for contemporary and genre-specific films. Beyond theatrical releases, the group manages the global distribution of its content through Paramount Home Entertainment and other licensing arrangements.