Paramount Global no longer exists as an independent company; it was effectively taken over in 2025 and folded into a new parent entity controlled by the Ellison family and RedBird Capital Partners.

Who “owns” Paramount now?

  • In August 2025, Skydance Media and Paramount Global completed a merger in a deal valued at around 8 billion dollars.
  • The combined company is now called Paramount Skydance Corporation (often branded simply as “Paramount, a Skydance Corporation”).
  • Roughly 70% of the equity in the new company is held by the Ellison family and RedBird Capital Partners, with about 30% freely traded on the stock market.

In practice, this means David Ellison , through Skydance and related Ellison family interests, together with RedBird Capital Partners , are the controlling owners of the successor to Paramount Global.

What happened to the Redstone control?

  • Before the merger, Paramount Global was controlled via National Amusements , the Redstone family holding company, which had majority voting power even though the firm was publicly traded.
  • As part of the Skydance–Paramount deal, National Amusements’ stake and the Redstone family’s control were bought out, ending their decades-long role as Paramount’s ultimate owners.

Who holds the rest of the shares?

Even after the takeover, a sizeable minority of shares remains in public hands:

  • Around 30% of Paramount Skydance is publicly traded, largely owned by institutions like Vanguard, State Street, and BlackRock, plus individual investors.
  • Insiders (Ellison/RedBird and key executives) collectively hold close to 38% of the shares and control the company’s strategic direction.

Simple takeaway

If you’re asking “who owns Paramount Global” in 2026, the answer is: it has been merged into Paramount Skydance Corporation , which is controlled by the Ellison family (via Skydance) and RedBird Capital Partners , with the rest held by public shareholders and large investment institutions.

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