Paramount (Paramount Skydance) is a diversified media company operating across film studios, television networks, and multi-tier streaming platforms. Its strategy emphasizes a layered DTC approach (Paramount+ premium and Pluto TV AVOD), broad distribution via traditional and digital channels, strengthened news and sports capabilities, adherence to corporate governance and compliance, and active M&A to acquire audience-aligned properties (notably The Free Press in 2025) while preserving editorial independence.