The latest news and top stories on Paramount Global. A leading entity in the media and entertainment sector, New York City based Paramount Global specialises in producing and distributing films, television programmes and streaming content. They primarily serve a worldwide audience, from families to premium content viewers, and are known for owning iconic brands like CBS, Nickelodeon and MTV. Their overall business strategy appears focused on expanding their global reach, strengthening their direct-to-consumer streaming services like Paramount+, and leveraging their extensive content library.