Paramount is currently controlled through a merger structure in which Skydance Media is acquiring Paramount Global in an approximately 8 billion dollar deal, shifting effective control toward the Ellison family and their investor group, while legacy control historically sat with the Redstone family via National Amusements.

Who actually “owns” Paramount?

  • The operating studio most people mean by “Paramount” is Paramount Pictures , which is part of the broader media company Paramount Global.
  • Until the Skydance deal, Paramount Global was controlled by National Amusements Inc., the Redstone family holding company, which owned about 77% of the voting Class A shares.

The Skydance takeover and new control

  • In 2025 regulators approved an about 8 billion dollar acquisition/merger in which Skydance Media is taking control of Paramount Global (including CBS, Paramount Pictures, Nickelodeon and more).
  • Under this structure, an Ellison‑led group acquires National Amusements and thereby the controlling voting stake in the newly combined “Paramount–Skydance” entity, giving the Ellison family effective control going forward.

Big shareholders behind the scenes

  • Before the Skydance transaction closes, major institutional shareholders in Paramount Global include The Vanguard Group, State Street, Lingotto Investment Management and BlackRock, which each hold significant percentages of the publicly traded stock but not overall control.
  • Post‑merger, these institutions are expected to remain important minority investors, but strategic power concentrates with the Ellison‑controlled holding structure that replaces the Redstone family’s historical dominance.

So, short version for forums and SEO

  • Who owns Paramount?
    • Historically: National Amusements (Redstone family) controlled Paramount Global.
* Now/going forward: Skydance Media and Ellison‑family entities are taking over control via the Paramount–Skydance merger, in a deal approved by U.S. regulators and valued at about 8 billion dollars.

In simple forum terms: Old guard Redstone is out, new guard Ellison/Skydance is in, with institutions like Vanguard and BlackRock still holding big chunks of stock on the side.

Information gathered from public forums or data available on the internet and portrayed here.