Paramount TV Media, a privately owned US-based company founded in 2019, is a segment of Paramount Global. Its operations encompass broadcast television and radio, generating over $1 billion in revenue by 2024. The division includes domestic and international free-to-air networks (such as CBS Television Network, Network 10, Channel 5, Telefe, and Chilevisión), premium and basic cable networks (including Nickelodeon, MTV, Comedy Central, and BET), and television studio operations (CBS Studios, Paramount Television Studios, and SHOWTIME/MTV Entertainment Studios). Notable subsidiaries include CBS Sports, MTV, CBS Stations, Showtime Networks, CBS News, Pop TV, BET Networks, Viacom18, Smithsonian Channel, and Comedy Central. The segment functions as a core component of Paramount's traditional media business, while also contributing to its streaming initiatives.