Paramount is the oldest surviving film studio in Hollywood and the only major one still on its original lot. Its catalogue includes The Godfather, Titanic and the Mission: Impossible and Top Gun pictures. Its mountain logo has appeared in some form since 1914, making it one of the oldest continuously used trademarks in the film business.
Skydance Media, controlled by the Ellison family, combined with Paramount Global to form Paramount Skydance Corporation, ending the control National Amusements and the Redstone family had held over CBS and Paramount Pictures. Paramount Class A holders could take $23.00 in cash a share and Class B holders $15.00, and because the deal transferred control of CBS's television station licences it needed the consent of the Federal Communications Commission, which granted it over one commissioner's dissent.
The FCC granted the transfer of control of Paramount Global, including its CBS owned-and-operated television stations, from the Redstone-controlled National Amusements to Skydance and the Ellison family, with Commissioner Gomez dissenting. The order found no material public interest harm and granted the applications on the strength of commitments from Skydance that it described as firm and definite, although they were not written into the licences as formal conditions.
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Frequently asked questions
Who is the parent company of Paramount Pictures?
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The parent company of Paramount Pictures is Paramount Skydance, a publicly listed company headquartered in the United States.
Is Paramount Pictures American?
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Yes. Paramount Pictures originated in the United States in 1912 and its owner, Paramount Skydance, is also headquartered in the United States.
Is Paramount Pictures still owned by Paramount Skydance?
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Yes. As of 16 September 2026, Paramount Pictures is still owned by Paramount Skydance. The ownership record was last checked against primary sources on that date.
Sources (4) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.