Paramount moves HQ to Los Angeles

Paramount Global will base its headquarters in Los Angeles after finalizing its $8.4 billion merger with Skydance Media, marking a major shift from New York roots.

Paramount shifts HQ to Los Angeles after Skydance merger

After closing the merger, Paramount will set its official base on the Melrose lot in Los Angeles, while Skydance keeps a Santa Monica base. Several corporate functions, including advertising sales and investor relations, will remain in New York. The Times Square site at 1515 Broadway could see changes as the post merger map takes shape, and there is talk of using CBS News facilities on West 57th Street as a potential nexus.

The company says the move makes Paramount the largest Los Angeles based media company outside Disney. Leadership indicated that many operations can be handled remotely, even as branding and senior management settle on a post merger footprint. The plan preserves a multi campus approach, with some teams already split between coasts and sites around the city, and a future focus on how best to integrate sports, animation and other divisions across campuses.

The relocation is a strategic signal about where media power is centered today. Los Angeles offers closer proximity to studios, talent and distribution partners, while New York remains essential for certain corporate functions and legacy crews. The split setup could pressure management to balance coast to coast needs while chasing cost savings.

For investors and employees, the test will be how quickly the merger yields real synergies and how smoothly the cross city integration proceeds. The move also reshapes the city map for the media industry, with real estate implications and potential ripple effects on local labor markets as leadership sets a new identity for a global player.

Highlights

The next steps will show how much a corporate address can influence a company’s trajectory.