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.