Paramount+ is owned by Skydance , through its control of the newly combined Paramount company (often referred to as the “new Paramount” or Paramount Skydance) that includes CBS, Paramount Pictures, and the streaming service itself.

Who Owns Paramount Plus?

Quick Scoop

  • Paramount+ is part of the broader Paramount business that was acquired by Skydance in an approximately 8 billion dollar deal approved in 2025.
  • After the deal, Skydance combined its operations with Paramount’s assets (CBS, Paramount Pictures, Nickelodeon, streaming) into a single company often described as the “new Paramount” or “Paramount Skydance.”
  • That means the ultimate corporate owner of Paramount+ is now Skydance (via the merged Paramount entity), not the old standalone Paramount Global.

So, if someone asks “who owns Paramount Plus?” in 2026, the short, up‑to‑date answer is:

It’s owned by Skydance, through its merged media company that now controls Paramount’s TV networks, film studio, and streaming services, including Paramount+.

A Bit of Recent Backstory

In 2024, Skydance and Paramount struck a merger agreement that would fold Paramount Global into a larger Skydance‑backed structure.

That process moved forward, and by 2025 regulators had approved an acquisition of Paramount by Skydance valued at around 8 billion dollars, covering CBS, Paramount Pictures, Nickelodeon, and the rest of the group.

Following the closing, Skydance’s investors effectively took control of Paramount’s parent, and leadership under David Ellison laid out a strategy centered on streaming and premium content.

Paramount+ sits at the heart of that strategy, alongside Pluto TV, which Skydance has signaled it will unify with Paramount+ into a single platform starting in 2026.

Where Paramount+ Fits Now

Today, Paramount+ is one piece of a larger ecosystem that includes:

  • CBS broadcast and CBS Studios content.
  • Paramount Pictures films feeding into the streaming pipeline.
  • Nickelodeon and other TV brands whose shows can show up on the service.
  • Planned integration with Pluto TV into a combined streaming platform under the new Paramount banner.

Skydance’s control has also shaped new deals for live sports and big‑name content on Paramount+, such as a major UFC rights agreement starting in 2026.

Quick HTML FAQ Block

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<div class="faq-block">
  <h2>Who owns Paramount Plus?</h2>
  <p>Paramount+ is owned by Skydance, via the merged Paramount company (often called the “new Paramount” or Paramount Skydance).</p>

  <h3>Was Paramount+ always owned by Skydance?</h3>
  <p>No. It used to sit under Paramount Global, but an ~$8 billion acquisition and merger shifted control to Skydance in 2025.</p>

  <h3>What else does this owner control?</h3>
  <p>Skydance’s Paramount group includes CBS, Paramount Pictures, Nickelodeon, and other TV and film assets that help supply content to Paramount+.</p>

  <h3>Any big changes coming?</h3>
  <p>The company has announced plans to merge Paramount+ with Pluto TV into a single streaming platform starting in 2026, with a strong focus on streaming and live sports.</p>
</div>

TL;DR:
Paramount+ is now owned by Skydance through the merged “new Paramount” media company, which controls CBS, Paramount Pictures, Nickelodeon, and the streaming platforms built around them.

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