Paramount Skydance Corporation

Paramount Television Studios, formerly the second incarnation of Paramount Television, is a television production and distribution company of Skydance Television Group a division of Skydance, founded on March 4, 2013, by its predecessor, Viacom, following an emerging vigorous business with the technological expansion of television via streaming services. Paramount also recognized that television could give them little to fall back on when films fail, except for studio stage rentals.

It was the revival and successor to Paramount's first television division, which rebranded as CBS Paramount Television and was kept by CBS Corporation, the new name for the original Viacom, on December 31, 2005 – on that same day, the second Viacom took ownership of Paramount Pictures. After the expiration of a 3-year licensing agreement between the split companies for the "Paramount" trademarks, CBS Paramount Television was rebranded to CBS Television Studios on May 17, 2009 and then currently CBS Studios on October 8, 2020. On January 14, 2020, following the merger of the second Viacom and CBS Corporation, the revived Paramount Television was rebranded as Paramount Television Studios.

On August 13, 2024, following layoffs of much of its staff in a series of cutbacks at Paramount, it was announced that the division would shut down by the end of that week, with any ongoing and development projects shifting to sister company CBS Studios. However, on August 4, 2025, it was announced that Paramount Television Studios would relaunch following the merger of Paramount Global and Skydance Media and the formation of Paramount Skydance Corporation, which completed three days later.