Paramount is currently owned by Paramount Skydance Corporation, a company formed in 2025 through a merger between Paramount Global and Skydance Media. This merger created a new standalone global media and entertainment company, with ownership involving the Ellison family and RedBird Capital Partners. David Ellison, from the Ellison family, serves as chairman and CEO of Paramount. Before this merger, Paramount Global was originally controlled by National Amusements but was acquired by the Ellison family and RedBird Capital in 2025, marking significant ownership and structural changes in the company.
