Paramount TV Media, a privately owned entity headquartered in the US and a segment of Paramount Global, was founded in 2019 and reported $17.1B in revenue as of 2025. The company serves as the backbone of Paramount's legacy media business while supporting its growing streaming segment. Its TV Media division consists of broadcast operations (CBS Television Network, CBS Stations, and international free-to-air networks including Network 10, Channel 5, Telefe, and Chilevisión), domestic premium and basic cable networks (including Nickelodeon, MTV, Comedy Central, BET, and Paramount+ with SHOWTIME, along with international extensions of certain of these brands), and domestic and international television studio operations (including CBS Studios, Paramount Television Studios, SHOWTIME/MTV Entertainment Studios, and CBS Media Ventures). Its subsidiaries include BET Media Group, Bellator MMA, CBS, CBS Sports Network, Channel 5, Network Ten, Paramount Media Networks, Pop TV, Showtime Networks, Telefe, and Viacom18.

2025 Revenue

Founded

2019

Headcount

-

Headquarters

United States

Primary Segment

Other

Ownership

Privately Owned

News Summary:

A federal judge on July 24, 2026, ruled to pause Paramount Skydance's $110 billion acquisition of Warner Bros. Discovery through August 17, granting Paramount Skydance more time to argue against a potential months-long halt to the transaction. This decision by U.S. District Judge Araceli Martínez-Olguín in California extended a temporary restraining order by two weeks, delaying the merger's finalization. This extension followed a bombshell lawsuit filed by 12 state attorneys general, including California, seeking to block the proposed mega-merger, which had already put the deal on hold.
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Examples of Paramount TV Media's suppliers include Arqiva, Perion Network and Encompass Digital Media.

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Paramount TV Media currently holds 2 broadcasting rights for sports competitions including soccer | association football.

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