Vanguard Intermediate-Term Bond Index Fund ETF Shares (BIV)

Skydance operates in three global business segments: TV media, studios, and direct to consumer. The TV media business includes television production studios and various broadcast and cable networks, including CBS, 15 owned CBS affiliates, CNN, TBS, TNT, Nickelodeon, MTV, BET, and VH1. Filmed entertainment consists of multiple film studios, most importantly Warner Bros., HBO, and Paramount Pictures. The film studios produce and distribute movies that they license to movie theaters and other media outlets. Direct to consumer includes the HBO Max, Paramount+, Pluto TV, and BET+ streaming services. Much of the content on Paramount’s streaming platforms is created by the production studios housed within the firm’s other two business segments.

Skydance operates in three global business segments: TV media, studios, and direct to consumer. The TV media business includes television production studios and various broadcast and cable networks, including CBS, 15 owned CBS affiliates, CNN, TBS, TNT, Nickelodeon, MTV, BET, and VH1. Filmed entertainment consists of multiple film studios, most importantly Warner Bros., HBO, and Paramount Pictures. The film studios produce and distribute movies that they license to movie theaters and other media outlets. Direct to consumer includes the HBO Max, Paramount+, Pluto TV, and BET+ streaming services. Much of the content on Paramount’s streaming platforms is created by the production studios housed within the firm’s other two business segments.

Skydance Corp. is a worldwide media entertainment company. Paramount Global merged into Skydance Media on August 7, 2025 and Warner Bros. Discovery merged into Skydance on October 6, 2026. The publicly held Class B shares trade under the ticker symbol SKYD and have no voting rights. An investor consortium led by the Ellison family and private-equity firm RedBird Capital Partners holds 100% of the voting rights in the company. Skydance produces and distributes television and cable programming over its direct-to-consumer streaming services, cable, and free-to-air networks, including the flagship CBS broadcast network; and feature films through theatrical distribution. The company's businesses and trademarks include Paramount, Warner Bros., HBO, studio operations, and television distribution assets.

Paramount Skydance operates in three global business segments: TV media, filmed entertainment, and direct to consumer. The TV media business includes television production studios and various broadcast and cable networks, including CBS, 15 owned CBS affiliates, Paramount, Nickelodeon, MTV, BET, and VH1. Filmed entertainment consists of multiple film studios, most importantly Paramount Pictures. The film studios produce and distribute movies that they license to movie theaters and other media outlets. Direct to consumer includes the Paramount+, Pluto TV, and BET+ streaming services. Much of the content on Paramount’s streaming platforms is created by the production studios housed within the firm’s other two business segments.