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:

On September 18, 2026, the US Federal Communications Commission (FCC) approved a request from Paramount and Skydance to allow foreign investors to participate in their $110 billion acquisition of Warner Bros. Discovery. The FCC waived the 25% cap on foreign ownership but prohibited foreign investors from holding voting stock in the merged entity. Earlier on the same day, Channel 4 and Paramount struck a long-term commercial deal for an ad-sales partnership effective from 2027. This agreement mandates Channel 4 Sales to manage advertising across a broad UK portfolio, including Channel 5, marking the first time ad sales for both public service broadcasters have been consolidated to provide greater scale for advertisers and support continued investment in British programming.
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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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