## Overview Paramount Skydance Corporation (operating as Paramount) is a leading American multinational media and entertainment conglomerate formed by the merger of Paramount Global and Skydance Media, completed in August 2025[2][3]. The newly combined entity aims to redefine the future of entertainment by leveraging Paramount’s extensive content library and global distribution network alongside Skydance’s production expertise and technological innovation[2]. This strategic move positions Paramount Skydance as a next-generation powerhouse in film, television, animation, streaming, gaming, and consumer products[3]. ## History and Merger Skydance Media was founded in 2010 by David Ellison with a vision to create high-quality, multi-platform entertainment[1]. The company quickly distinguished itself through partnerships, most notably with Paramount Pictures, producing blockbuster franchises like *Mission: Impossible* and critically acclaimed films such as the Coen Brothers’ *True Grit*[1]. Skydance’s early successes were rooted in its versatility, independence, and ambition to push creative and technological boundaries. Paramount Global, historically one of Hollywood’s “Big Five” studios, brought to the merger a century-old legacy, a vast content library, and a robust global distribution network[4]. The merger, supported by the Ellison family and RedBird Capital, was announced to revitalize Paramount’s storied brand, combining it with Skydance’s agility and innovation to navigate the rapidly evolving media landscape[2]. ## Business Operations and Key Divisions Paramount Skydance operates across several core areas: - **Film and Television Production:** Through Paramount Skydance Studios and Paramount Motion Picture Group, the company produces and distributes theatrical films under labels such as Paramount Pictures, Paramount Animation, and Nickelodeon Movies, as well as television content via Paramount Television Studios[3]. - **Animation:** Skydance Animation and its Madrid studio are integral to the company’s push into family and