The company acquires a diverse slate of first-run Hollywood films—including holiday favorites, action hits, and genre titles—enhancing its content portfolio beyond factual programming for international buyers.
According to New America’s “The Power and Reach of Stories About Work, Family, and Care,” 92% of Americans consume entertainment content weekly, yet only 27% recall seeing storylines about these everyday realities, underscoring a significant gap between lived experiences and media representation.
The newly merged Paramount, backed by Skydance Media and RedBird Capital, aims to modernize content creation, expand global reach, and drive long-term shareholder value through innovation, scale, and a 113-year legacy.
In Q1 2025, only 24 of 87 U.S. scripted projects filmed partly in Los Angeles, while U.S.-produced series premieres fell 27% year over year and 42% versus 2022, according to Luminate.
The increase in local television production can be attributed to gains for TV Dramas (up 9.5 percent) and TV Reality (up 29.5 percent). In fact, TV Dramas with 782 SD posted their highest observed levels since pre-strike period Q4 2022 (with 1,155 SD).