Capital · acquirer
Paramount Skydance
Media conglomerate, Viacom successor · New York
- Founded
- 2019
- Entered
- 2019
- Status 2026
- Active
- Metro
- New York
- Embeddedness
- 3 connections
- Confidence
- verified · strongest source trade or financial press
Method
Viacom buys VidCon in February 2018 for an undisclosed sum and AwesomenessTV in July 2018 for about 50 million dollars, a 92 percent drop from Awesomeness's 650 million dollar valuation two years earlier. Viacom and CBS merge in December 2019 to form ViacomCBS, renamed Paramount Global in 2022. Paramount hires a bank to sell VidCon in 2024 and closes the sale to Informa in August 2024 with no price disclosed. The Skydance merger, valued at about 8 billion dollars, closes in August 2025 and the company becomes Paramount Skydance. Awesomeness is absorbed into Paramount Television Studios in October 2025, ending it as a standalone label.
People: Bob Bakish, David Ellison
Open on the map Directory Suggest a correction
The path: money and goods moving
- acquiredAwesomenessTVViacom buys AwesomenessTV in July 2018 for about 50 million dollars and Paramount folds it into Paramount Television Studios in October 2025.2018
- came out ofAwesomenessTVFounder Brian Robbins goes on to run Nickelodeon and later Paramount Pictures after leaving Awesomeness in 2017. (partly verified)2018
- acquiredVidConViacom buys VidCon in February 2018 for an undisclosed sum and Paramount sells it to Informa in August 2024.2018 to 2024