Paramount Global functions as a worldwide leader in media and entertainment, segmenting its extensive operations into Television Entertainment, Cable Networks, and Filmed Entertainment. The Television Entertainment division is responsible for disseminating a diverse schedule of news, public affairs, sports, and general entertainment broadcasts. It also handles the acquisition, development, and scheduling of content for the CBS Television Network, which includes a broad spectrum of programming such as primetime comedies and dramas, reality series, special events, children's shows, daytime dramas, game shows, and late-night programs. This segment additionally produces and distributes talk shows, court shows, game shows, and newsmagazines. Its assets include the ownership and operation of 29 broadcast television stations, the 24/7 CBS Sports Network focused on college sports and related content, and various streaming and cable subscription services. The Cable Networks segment concentrates on creating and acquiring programming for its wide array of media platforms, ensuring distribution and viewing across subscription cable networks, subscription streaming services, and basic cable networks. Lastly, the Filmed Entertainment segment manages the full lifecycle of motion pictures, from their initial development and production to financing, acquisition, and eventual distribution. Historically, the company operated as CBS Corporation before rebranding as ViacomCBS Inc. in December 2019. Established in 1986, Paramount Global maintains its corporate headquarters in New York, New York.
