Who Owns BET Press?
Updated onExplore the ownership hierarchy of BET Press. See parent companies, holding structures, and ultimate controllers.
Ownership Chain
BET Press
BET Press is the official online pressroom of BET Media Group, providing journalists and media partners with program information, press releases, media assets and contact details for Black Entertainment Television and its portfolio of brands.
Paramount Skydance Corporation
A global media and entertainment company combining Paramount’s film, television, and streaming assets with Skydance’s production and technology capabilities.
BET Press
BET Press is the official online pressroom of BET Media Group, providing journalists and media partners with program information, press releases, media assets and contact details for Black Entertainment Television and its portfolio of brands.
Paramount Skydance Corporation
A global media and entertainment company combining Paramount’s film, television, and streaming assets with Skydance’s production and technology capabilities.
Major Shareholders
Paramount Skydance Corporation
Major Shareholders
| Name | Type | Ownership | As of |
|---|---|---|---|
Skydance Investor Group (Ellison family & RedBird Capital Partners) Consortium of entities controlled by the Ellison family (including Pinnacle Media Ventures and Skydance-related vehicles) and RedBird Capital Partners that funded the Paramount–Skydance merger and PIPE. The definitive transaction agreement and Paramount’s July 7, 2024 press release state that, upon closing, this group would own 100% of New Paramount’s Class A shares and about 69% of its Class B shares, or roughly 70% of the pro forma shares outstanding; the merger closed on August 7, 2025 on substantially those terms. | Other | 70.0% | Aug 2025 |
RedBird Capital Partners (via RB Tentpole Holdings LP and affiliated funds) Private investment firm led by founder Gerry Cardinale and a core member of the Skydance Investor Group. Ownership data compiled from equity-screening services indicates that entities attributed to Cardinale/RedBird beneficially hold about 188.5 million PSKY shares, or roughly 17.6% of shares outstanding, making RedBird the largest single disclosed shareholder; Fortune also reports RedBird with about 22.5% of internal voting rights in the new Paramount structure. These holdings sit inside the larger ~70% Skydance Investor Group stake above. | Institutional | 17.6% | — |
David Ferris Ellison (via Skydance Entertainment Group LLC and related vehicles) Founder of Skydance Media and Chairman & CEO of Paramount Skydance Corporation. Ownership databases based on SEC filings show Ellison and his Skydance-related entities (including Skydance Entertainment Group LLC) holding roughly 76 million PSKY shares, or about 7.0–7.1% of the company. As co-lead of the Skydance Investor Group and a key NAI Equity Investor, Ellison holds a much larger effective voting stake than his direct shareholding alone implies. | Founder | 7.1% | — |
Lingotto Investment Management LLP London-based asset manager (backed by Exor) that is one of Paramount Skydance’s largest public float investors. Third‑party ownership summaries from Investing.com and WallStreetZen show Lingotto holding about 47.1 million PSKY shares, equating to roughly 4.3–4.4% of shares outstanding. | Institutional | 4.4% | — |
The Vanguard Group, Inc. Large index-fund manager and one of the biggest passive shareholders in PSKY. Public ownership data indicates Vanguard funds own approximately 35.9 million shares, or about 3.3% of Paramount Skydance’s outstanding stock. | Institutional | 3.4% | — |
State Street Global Advisors (State Street Corp) State Street’s index and ETF complexes collectively represent a significant passive stake. Aggregated 13F-based data shows State Street entities holding roughly 27.7 million PSKY shares, or about 2.5–2.6% of the company. | Institutional | 2.6% | — |
BlackRock, Inc. Through its iShares ETFs and active funds, BlackRock is a notable institutional owner of Paramount Skydance. Ownership services that aggregate SEC filings report BlackRock with about 16.6 million PSKY shares, or roughly 1.5% of shares outstanding. | Institutional | 1.6% | — |
KKR Credit Advisors (US) LLC (Kohlberg Kravis Roberts & Co.) KKR, a global private equity and credit investor and part of the broader Skydance financing consortium, also appears as a public shareholder via its credit arm. Ownership summaries show KKR Credit Advisors holding about 15.6 million PSKY shares, or approximately 1.4–1.5% of the company. | Institutional | 1.5% | — |
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