What if Walmart merged with Hasbro?

Walmart is an American multinational retail corporation that operates a chain of hypermarkets (also called supercenters), discount department stores, and grocery stores from the United States. It also owns and operates Sam's Club retail warehouses. Hasbro, on the other hand, is an American multinational conglomerate holding company that owns the trademarks and products of Kenner, Milton Bradley, Parker Brothers, and Wizards of the Coast, among others & its products are Transformers, G.I. Joe, Power Rangers, Rom the Space Knight, Micronauts, M.A.S.K., Monopoly, Furby, Nerf, Twister, and My Little Pony, and with the Entertainment One acquisition in 2019, franchises like Peppa Pig and PJ Masks. The Hasbro brand also spawned TV shows to promote its products, such as Family Game Night on the Discovery Family network, a joint venture with Warner Bros. Discovery. It is the parent of mass media and entertainment company Entertainment One. but What if Walmart merged with Hasbro for $25 billion.
== History ==
In early-2023, CNBC reported that Walmart was in negotiations to merge with Hasbro for $25 billion. The proposed merger was officially announced the next day, subject to regulatory approval; The combined company would be known as Walmart Hasbro, with combined operations in retail, technology, consumer products, film, television and streaming, would be led by Hasbro CEO Chris Cocks, with Walmart chairman Greg Penner serving as executive chairman and Walmart president and CEO Doug McMillon serving as president, while Walmart and Hasbro would retain their separate brands. As a result, Walmart would acquire Paramount Global for $20 billion & Lionsgate for $5 billion. In addition, all films and television programs based on Hasbro properties would be made exclusively available on the Paramount+ library.
== Assets ==
=== Walmart ===
* North America
** Walmart U.S.
** Walmart Labs
** Amigo Supermarkets
** Sam's Club
** Walmart Canada
** Jet.com 
*** Bare Necessities
*** Bonobos
*** Hayneedle
*** Moosejaw
*** Shoes.com
** Global eCommerce
* International
** Bodega Aurrerá
** Bompreço
** Flipkart
** Massmart
** Seiyu
** Líder
** Walmart de México y Centroamérica
=== Hasbro ===
==== Consumer products ====
* Funskool (40%)
* Hasbro Gaming
** Avalon Hill (brand)
* HasLab (defunct in 2012, reestablished in 2018)
* Hasbro Pulse
* Playskool
* Tonka
==== Entertainment ====
* Left Foot Blue
==== Wizards & Digital ====
* Wizards of the Coast
** Archetype Entertainment
** Atomic Arcade
** D&D Beyond
** Mirrorstone Books
** Tuque Games
=== Paramount Global ===
==== Paramount Pictures Corporation (Film) ====
* Paramount Pictures
** Lionsgate Films (Lionsgate Motion Picture Group)
*** Lionsgate Premiere
** Summit Entertainment
*** Summit Premiere
*** Summit Entertainment Records
*** International Distribution Company, LLC (joint venture with Pedro Rodriguez)
** Spyglass Media Group (20%)
** Pantelion Films (50% with TelevisaUnivision)
** Roadside Attractions (45%)
** Grindstone Entertainment Group
** Studio L
** Globalgate Entertainment (joint venture with Televisa Cine (Mexico), Tobis Film (Germany), Nordisk Film (Denmark), TME Films (Turkey), TF1 Studio (France), Lotte Entertainment (South Korea), Belga Films (Belgium), PKDN Films (Japan), Paris Filmes (Brazil), Viva Films (Philippines), Falcon Pictures (Indonesia), Cine Colombia (Colombia) and Rai Cinema (Italy))
** Good Universe
** Entertainment One
*** Boulder Media
*** Secret Location
*** The Mark Gordon Company
*** AutoMatik
*** eOne Films
**** Amblin Partners (minority)
***** Amblin Entertainment
***** Amblin Television
****Makeready
**** Momentum Pictures
**** Les Films Séville
**** Séville International
**** Sierra/Affinity
**** International distribution (fully owned branches in the United Kingdom, the Republic of Ireland and Spain and joint ventures with WW Entertainment in the Benelux, Paramount Pictures in Germany and Universal Pictures in Australia and New Zealand)
*** eOne Television
**** Daisybeck Studios (United Kingdom)
**** Whizz Kid Entertainment (United Kingdom)
**** Blackfin (United States)
**** Renegade83 (United States)
**** Round Room Entertainment
*** Saban Brands Entertainment Group
**** SCG Characters LLC
**** SCG Power Rangers LLC
**** SCG Luna Petunia LLC
**** Treehouse Detectives LLC
**** Saban Brands Voyagers LLC
** Mirage Studios
***Mirage Licensing, Inc.
***Mirage Publishing, Inc.
***Mirage Management, Inc.
**Paramount Home Entertainment
*** Lionsgate Home Entertainment
** Paramount Television Studios
*** Lionsgate Television
**** Debmar-Mercury
**** Sea to Sky Entertainment (joint venture with Thunderbird Entertainment)
*** Pilgrim Studios
**** 1620 Media
*** 3 Arts Entertainment (majority stake)
** Paramount Pictures International
*** Lionsgate UK
**** Elevation Sales (joint venture with StudioCanal UK)
**** Primal Media
**** Potboiler Television (joint venture with Potboiler Productions)
*** Lionsgate India
** Paramount Studio Group – physical studio and post production
*** The Studios at Paramount – production facilities & lot
*** Paramount on Location – production support facilities throughout North America including New York, Vancouver, and Atlanta
*** Worldwide Technical Operations – archives, restoration and preservation programs, the mastering and distribution fulfillment services, on-lot post production facilities management
** Paramount Licensing, Inc.
** Paramount Parks & Resorts – licensing and design for parks and resorts
** Paramount Themed Entertainment
** Paramount Animation
** Paramount Players
*** BET Films
*** Nickelodeon Movies
** Paramount Music
** Miramax
*** Miramax Television
*** Miramax Family
*** Miramax Animation
** Dimension Films
***Dimension Extreme
***Dimension Television
** United International Pictures (50%, co-owned with NBCUniversal via Universal Pictures)
==== Sega Sammy Holdings Inc. ====
===== Pachislot and Pachinko machine business =====
These are the companies and subsidiaries affiliated with Sega Sammy Group's pachislot and pachinko machine business.
* Sammy Corporation
* Sammy NetWorks Co., Ltd.
* Ginza Corporation
* RODEO Co., Ltd.
* Taiyo Elec Co., Ltd.
===== Entertainment contents business =====
The entertainment contents business provides a diverse range of entertainment from digital content to toys. These are the companies and subsidiaries affiliated with Sega Sammy Group's entertainment contents business.
* Sega Group Corporation
** Atlus
*** Atlus USA
** Sega Corporation
*** Sega of America, Inc.
**** Ignited Artists
*** Sega Europe Ltd.
**** Amplitude Studios
**** Creative Assembly
***** Creative Assembly Sofia
**** Hardlight
**** Relic Entertainment
**** Sports Interactive
**** Two Point Studios
*** Sega Korea Co., Ltd.
*** Sega Shanghai Co., Ltd.
** Play Heart, Inc.
** Sega Logistics Service Co., Ltd.
*** Sega Amusements Europe Ltd.
*** Sega Amusements Taiwan Ltd.
** Dartslive Co., Ltd.
*** DARTSLIVE INTERNATIONAL Ltd
*** iDarts Group Ltd.
*** DARTSLIVE ASIA Ltd.
*** DARTSLIVE USA, INC
*** DARTSLIVE EUROPE LTD.
** TMS Entertainment Co., Ltd.
*** Jinni's Inc.
*** Marza Animation Planet, Inc.
*** Liverpool Co., Ltd.
*** Telecom Animation Film Co., Ltd.
*** TMS Entertainment USA, Inc.
*** TMS Music Co., Ltd.
**** TMS Music (HK) Ltd.
**** TMS Music (UK) Ltd.
*** TMS Photo Co., Ltd.
*** TOCSIS INC.
** Sega Toys
*** Sega Toys (Hk) Co., Ltd.
===== Resort business =====
These are companies charged with operating the Sega Sammy Group's resorts, hotels, golf courses, entertainment and commercial facilities, and casinos.
* PHOENIX RESORT CO., LTD.
* PARADISE SEGASAMMY Co., Ltd.
* Sega Sammy Golf Entertainment Inc.
===== Other Group Companies =====
* Music Publishing Label
** Wave Master Inc.
* Casino machines
** Sega Sammy Creation Inc.
===== Current affiliates =====
* ENGI (Sammy owns 40% of the company, with Kadokawa Corporation owning 53% while making it a direct subsidiary and Ultra Super Pictures having 5%)
* Sanrio Co., Ltd. (formerly held 13.9%, now hold 10.6% of the company)
* Sega Entertainment Co., Ltd. (Majority stake sold in 2020; Still owns 14.9%)
** Oasis Park Co., Ltd.
* CA Sega Joypolis (14.9% minority ownership, the rest of the company is owned and operated by China Animations Character Co.)
==== CBS Entertainment Group (Broadcast television) ====
* CBS Television Network
* CBS Studios
** Big Ticket Television
** CBS Media Ventures
*** CBS Media Ventures Media Sales
*** Dabl
** CBS Eye Animation Productions
*** Late Night Cartoons, Inc.
* CBS News and Stations
** CBS News
*** CBS News Streaming Network
*** CBS News Radio
*** CBS MoneyWatch
** CBS Television Stations Group
*** KCBS-TV 2 / KCAL-TV 9 Los Angeles
*** KOVR 13 / KMAX-TV 31 Sacramento – Stockton – Modesto, California
*** KPIX-TV 5 / KBCW 44 San Francisco – Oakland – San Jose, California
*** KCNC-TV 4 Denver, Colorado
*** WFOR-TV 4 / WBFS-TV 33 Miami–Fort Lauderdale, Florida
*** WTOG 44 St. Petersburg – Tampa, Florida
*** WUPA 69 Atlanta
*** WBBM-TV 2 Chicago
*** WBXI-CD 47 Indianapolis
*** WJZ-TV 13 Baltimore
*** WBZ-TV 4 / WSBK-TV 38 Boston
*** WWJ-TV 62 / WKBD-TV 50 Detroit / Windsor, Ontario
*** WCCO-TV 4 / KCCW-TV 12 Minneapolis–Saint Paul — Walker, Minnesota
*** WCBS-TV 2 / WLNY-TV 55 Riverhead – New York City
*** KYW-TV 3 / WPSG 57 Philadelphia
*** KDKA-TV 2 / WPCW 19 Jeannette – Pittsburgh, Pennsylvania
*** KTVT 11 / KTXA 21 Fort Worth – Dallas
*** KSTW 11 Tacoma – Seattle
*** Start TV (50% JV with Weigel Broadcasting)
*** Fave TV
** CBS Local Digital Media
*** CBS Local
**** CBS News New York
**** CBS News Los Angeles
**** CBS News Boston
**** CBS News Bay Area
**** CBS News Minnesota
**** CBS News Philly
**** CBS News Denver
**** CBS News Pittsburgh
**** CBS News Chicago
**** CBS News Dallas–Ft. Worth
**** CBS News Sacramento
**** CBS News Baltimore
**** CBS News Miami
*** CBS Local Sports
* CBS Sports
** CBS Sports Network
** CBS Sports HQ
** CBS Sports Radio
** CBS Sports Digital
* The CW (50% each with Warner Bros. Discovery; sale of 75% pending to Nexstar Media Group)
** The CW Plus
** The CW Daytime
** CW Seed
* CBS Home Entertainment
* Watch! Magazine
* CBS Vision
==== Paramount Media Networks (Pay television networks) ====
===== MTV Entertainment Group =====
* MTV Entertainment Studios
** Comedy Partners
** MTV Animation
** MTV Documentary Films
** Pop Media Group
** South Park Digital Studios (joint venture with Trey Parker and Matt Stone)
** Smithsonian Networks Inc.
* MTV
** MTV2
** MTV Classic
** MTV Live
** MTVU
** Tr3s
* Comedy Central
** Comedy Central Now
** Comedy Central Records
* CMT
** CMT Music
* Logo
** SnowGlobe Music Festival
* Paramount Network
* Pop TV
* Smithsonian Channel
* TV Land
* VH1
===== Kids & Family Entertainment =====
* Nickelodeon
** Nick at Nite
* Nick Jr.
* Nicktoons
* TeenNick
* NickMusic
* Nick.com
* NickOnBoard - a cruise-line-only television channel launched in April 14, 2019.
* Nickelodeon Productions
* Nickelodeon Animation Studio
** Avatar Studios
** Nickelodeon Digital
* Nickelodeon Movies
* Nickelodeon Velocity
* Paws, Inc.
* Awesomeness
** Awesomeness Ink
** Awesomeness Films
** Awesomeness News
* VidCon
===== Premium Network Group =====
====== Showtime Networks ======
* Showtime
** Showtime 2
** Showcase
** SHO×BET
** Showtime Extreme
** Showtime Family Zone
** Showtime Next
** Showtime Women
* The Movie Channel
** The Movie Channel Xtra
* Flix
* Showtime Documentary Films
* Showtime PPV
* Showtime Digital, Inc.
====== BET Networks ======
* BET
** BET Gospel
** BET Her
** BET Hip-Hop
** BET Jams
** BET Soul
** BET Studios
===== Paramount International Networks =====
====== United Kingdom & Australia ======
* Channel 5
** 5Action
** 5Select
** 5Star
** 5USA
** My5 (VOD)
* Ten Network Holdings
** Network 10
*** ATV Melbourne
*** TEN Sydney
*** TVQ Brisbane
*** ADS Adelaide
*** NEW Perth
** 10 Peach
** 10 Bold
** 10 Shake
** 10 HD
** 10 Play
** Gecko TV on channel 17
====== The Americas ======
* Chilevisión
* Telefe
** Telefe Internacional
** Telefe Rosario
** Telefe Neuquén
** Telefe Córdoba
** Telefe Mar del Plata
** Telefe Tucumán
** Telefe Bahía Blanca
** Telefe Salta
** Telefe Santa Fe
* Porta dos Fundos (51%)
* TeleColombia (majority stake)
** Estudios TeleMéxico
====== EMEAA ======
* Ananey Communications
** Ego
** The Food Channel
** The Travel Channel
** The Good Life Channel
** Health Channel
** Nutz Productions
** Shamaim Productions
** Mars Interactive
** Post Office Post Production & Creative
* Paramount Network (international channels)
** Paramount Comedy (Russia and Ukraine)
* Rainbow S.p.A. (30%)
** Gruppo Iven S.p.A.
*** Colorado Film
** Bardel Entertainment
** Rainbow CGI
** Moviement Talent Agency
** Witty Toys
** Tridimensional S.r.l.
====== Joint ventures ======
* RealityXtra (with AMC Networks International UK)
* CBS Europa (Poland; with AMC Networks International)
* CBS Justice (with AMC Networks International UK)
* CBS Reality (with AMC Networks International)
* Celestial Tiger Entertainment (joint venture with Celestial Pictures and Saban Capital Group)
** Celestial Movies
*** Celestial Movies HD
*** Celestial Classic Movies
*** Celestial Movies Pinoy
** cHK
** KIX
** Thrill
** Miao Mi
*Horror Channel (with AMC Networks International UK)
*Laugh Out Loud (joint venture with HartBeat Digital)
*Tribeca Shortlist (joint venture with Tribeca Enterprises)
==== Paramount Streaming ====
* BET+
* CBS Sports HQ
* CBS News Streaming Network
* ET Live (broadcast syndicator)
* Noggin
* Paramount+
** SkyShowtime (joint venture with Comcast's Sky Group)
* Showtime (OTT) (pending merger)
* Pluto TV
** Pluto TV Europe
==== Simon & Schuster ====
A sale of Simon & Schuster to Penguin Random House is pending as of 2022.
* Simon & Schuster
** Simon & Schuster Adult Publishing
*** Adams Media located in Avon, Massachusetts
*** Atria Publishing Group
**** 37 INK
**** Atria Books
**** Atria Español
**** Atria Unbound
**** Beyond Words Publishing
**** Emily Bestler Books
**** Enliven Books
**** Howard Books
**** Keywords Press
**** One Signal Publishers
**** Strebor Books International
**** Washington Square Press
*** Avid Reader Press
*** Gallery Books Group
**** Gallery Books
**** Jeter Publishing
**** Karen Hunter Publishing
**** Pocket Books
**** Pocket Star
**** Scout Press
**** Threshold Editions
*** Scribner
**** Scribner
**** Touchstone
*** Simon & Schuster (the flagship imprint)
**** Folger Shakespeare Library
**** Free Press
** Simon & Schuster Children's Publishing
*** Aladdin
*** Atheneum
*** Beach Lane Books
*** Little Simon
*** Margaret K. McElderry Books
*** Paula Wiseman Books
*** Saga Press 
*** Salaam Reads
*** Simon & Schuster Books for Young Readers
*** Simon Pulse
*** Simon Spotlight
** Simon & Schuster Audio Publishing
*** Simon & Schuster Audio
**** Pimsleur Language Programs
** Simon & Schuster International
*** Simon & Schuster Australia
*** Simon & Schuster Canada
*** Simon & Schuster India
*** Simon & Schuster UK
==== Miscellaneous holdings ====
* 247Sports
* Bellator MMA
** Bellator Kickboxing
* MaxPreps
* Scout.com
* Last.fm
* CBS Broadcast Center
* CBS Experiences
* CBS Sporting Club
* CBS Stages Canada
* CBS VFX
* Ed Sullivan Theater
* FuboTV (undisclosed stake)
* Philo (joint venture with A+E Networks, AMC Networks, and Warner Bros. Discovery)
* Pop Culture Media
** ComicBook.com
** PopCulture.com
* Viacom18 (49%; co-owned with TV18)
** Viacom18 US
** Viacom18 Media
*** Colors
*** Viacom18 Studios
*** The Indian Film Company
*** Voot
* Velocity
* WhoSay
* Paramount Consumer Products
* Paramount Global Distribution Group
** VIS
*** VIS UK
*** VIS Social Impact
** Paramount Worldwide Television Licensing & Distribution
==== Former assets ====
===== Divested =====
*AXS TV (20%) – sold to Anthem Sports & Entertainment in 2019
** HDNet Movies
* Blockbuster LLC – spun off in 2004
** DEJ Productions
** Discovery Zone
** GameRush
** Gamestation
** KPS Video Express
** Xtra-vision
* CBS Building sold to Harbor group in 2021
* CBS/Columbia Records – sold to Sony in 1987, renamed Sony Music Entertainment in 1991
** CBS Records International
** Columbia House
** CBS Music Publishing – sold to SBK Entertainment World in 1986
* CBS Educational and Professional Publishing – sold to Harcourt Brace Jovanovich in 1986
** Praeger Publishers – sold to Greenwood Press, Inc.
* CBS Eye on People – acquired by Discovery Communications in 1998/1999
* CBS/Fox Video
* CBS Musical Instruments
* CBS Operations Inc.
* CBS Outdoor (now Outfront Media) – spun off into an independent real estate investment trust in 2014
** CBS Outdoor International – sold to Platinum Equity in 2013
** CBS Outernet – renamed Outfront Media Outernet
* CBS Radio – merged with Entercom (former CBS Corporation shareholders received a 72% stake in Entercom)
** List of broadcast stations owned by CBS Radio
** Boston Bruins Radio
** CBS Altitude Group
** Eventful
** New York Yankees Radio
** New York Yankees
** Play.it
** Radio.com
* CBS Productions – (produces The Thanksgiving Day Parade on CBS) folded into CBS Studios
* CBS Records
* CBS Studio Center – sold to Hackman Capital Partners and Square Mile Capital Management in 2021
* CBS Telenoticias
* CBS Television City – sold to Hackman Capital Partners in 2018
* CNET Media Group – sold to Red Ventures in 2020
** CNET
*** CNET Video
*** Download.com
*** CNET Content Solutions
** Chowhound
** GameSpot
*** Comic Vine
*** GameFAQs
*** Giant Bomb
** Metacritic
** MetroLyrics
** TV Guide
** ZDNet
*** TechRepublic
* Decades (50%, with Weigel Broadcasting) – Since fall 2019, Decades is carried on Fox-owned stations in 12 markets as part of a multi-year agreement between Weigel Broadcasting and Fox Television Stations, after switching from CBS-owned stations.
* Defy Media (19%)
* Discovery Family (40%) - sold it's stake to Warner Bros. Discovery
*DreamWorks Pictures – spun off in 2008, a label of Amblin Partners in 2015, and acquired by NBCUniversal. However Paramount retains the rights to some of the studio's pre-2010 back-catalog.
** DreamWorks Television – television production division of DreamWorks.
** Go Fish Pictures – indie film label, shut down in 2007.
* eOne Music (sold to The Blackstone Group, renamed MNRK Music Group)
*Epix – Metro-Goldwyn-Mayer acquired Viacom's stake in the network in 2017, and later acquired by Sony Pictures
* Famous Music – in-house music publishing arm of Paramount Pictures, sold to Sony/ATV Music Publishing in 2007
* Famous Players – sold to Cineplex Galaxy in 2005
** Paramount Theater
** SilverCity
** Colossus
** Coliseum
* Fearnet - NBCUniversal acquired Lionsgate's stake in the network in 2013
* Film Roman - acquired by Waterman Entertainment in 2015; pre-2015 library retained by Starz, and later Universal Television
* Fox-Paramount Home Entertainment (Nordic countries, joint venture with Walt Disney Studios Home Entertainment)
* GameTrailers – sold to Defy Media; later shut down and sold to IGN
* Home Team Sports – sold to Comcast in 2000/2001 and renamed Comcast SportsNet Mid-Atlantic
* Harmonix
* Ideal Toy Company– sold to View-Master in 1986
** Creative Playthings – sold to Swing Design
* KVMM-CD – sold to HC2 Holdings in 2019
* Lifetime – Viacom sold its stake to co-owners Hearst Communications and Capital Cities/ABC Inc. in 1994
* The Mark Gordon Company
*Midwest Sports Channel – acquired by News Corporation in 2000 and renamed Fox Sports Net North
* Multi Channel Network – 24.99% stake held by Ten Network Holdings sold to Foxtel on January 1, 2019
* MTV Networks on Campus – acquired by Cheddar in May 2018 and used to launch CheddarU
* Neopets – acquired by JumpStart Games in 2014
* Pantaya (stake sold in 2021)
*Paramount Parks
* Paramount International Inc. – folded into Paramount Global Distribution Group
* Prentice Hall – sold to Pearson in 1998
* RateMyProfessors.com – acquired by Cheddar in October 2018
* RTL CBS Entertainment – joint venture with RTL Group; acquired by Blue Ant Media and renamed Blue Ant Entertainment
** RTL CBS Extreme – renamed Blue Ant Extreme
* Orion Pictures - other stake acquired by Viacom in 1986, subsequently it sold to Metromedia in 1987; currently owned by Amazon (through MGM Holdings).
* Rysher Entertainment – assets sold to 2929 Entertainment in 2001; library currently owned by Vine Alternative Investments and distributed by Paramount Global Distribution Group
* Showtime Arabia – 21%; co-owned with KIPCO; merged with Orbit Communications Company to form Orbit Showtime Network
* Starz Networks - sold to NBCUniversal
** Starz
*** Starz
*** Starz Cinema
*** Starz Comedy
*** Starz Edge
*** Starz in Black
*** Starz Kids & Family
** Starz Encore
*** Starz Encore
*** Starz Encore Action
*** Starz Encore Black
*** Starz Encore Classic
*** Starz Encore Español
*** Starz Encore Family
*** Starz Encore Suspense
*** Starz Encore Westerns
** MoviePlex
*** IndiePlex
*** RetroPlex
* Sundance Channel (now Sundance TV) – sold to Rainbow Media (now AMC Networks) in 2008
* Telemeter — spun off in 1966 after Gulf+Western bought Paramount; shut down in 1969
* Tempo – sold to Frederick Morton Jr. in 2007
* TriStar Pictures – joint venture with Time Inc.'s HBO and Columbia Pictures. In 1985, CBS sold a small percent of TriStar to Columbia and HBO.
* USA Networks – Viacom sold its stake in the company to Universal Pictures in 1997
* Viacom Cable – sold to TCI in 1995; Ohio systems resold to Time Warner Cable in 1998
* Viacom Radio
* Virgin Interactive Entertainment – US branch sold to Electronic Arts in 1998 and UK branch sold to Interplay Entertainment and Titus Interactive in 1998/1999
* Westwood One – sold to The Gores Group in 2008
* Westinghouse Licensing Corporation - sold to Toshiba in 2007
* Xfire
===== Dormant or shuttered =====
Walmart
* Asda 
** Asda Mobile
* Hypermart USA
* Marketside
* Más Club
* ModCloth
* Vudu
* Yihaodian
Hasbro
* Alliance Films 
** Aurum Producciones
** Maple Pictures
*Allspark (formerly Hasbro Studios, LLC)
** Allspark Pictures (formerly Hasbro Films/Hasbro Film Group)
* Backflip Studios (70%)
* Claster Television
* Cranium, Inc.
* Empire Pencil
* Galoob
* Hasbro Interactive
* Kenner Products
* Larami (name is now retired and part of the Nerf brand)
*
* Parker Brothers
* Selchow and Righter
* Tiger Electronics
* Wrebbit
Paramount Pictures
* DreamWorks Distribution, LLC – theatrical distribution arm of DreamWorks Pictures and DreamWorks Animation
* DreamWorks Home Entertainment – folded into Paramount Home Entertainment, and later revived by Universal Pictures Home Entertainment
* DW Funding LLC – library holder of live-action DreamWorks films
* Famous Studios (later Paramount Cartoon Studios) – closed after Gulf+Western's acquisition of Paramount Pictures in 1967
* Fleischer Studios – acquired by Paramount Pictures and reorganized as Famous Studios in 1942
* Insurge Pictures
* Liberty Films
* Lions Gate Entertainment Corporation - folded into Paramount Global
** Anchor Bay Entertainment - folded into Lionsgate Home Entertainment, then revived by Universal Pictures Home Entertainment
*** Anchor Bay Films
*** Video Treasures
**** HGV Video Productions
*** Starmaker Entertainment
**** Media Home Entertainment
***** Fox Hills Video
***** The Nostalgia Merchant
***** Hi-Tops Video
*** Burbank Video
*** Prism Entertainment/Prism Pictures
*** Wizard Video
*** MNTEX Entertainment
*** Regal Video
*** Strand Home Video
** Artisan Entertainment
*** LIVE Entertainment/International Video Entertainment
**** U.S.A. Home Video
**** Family Home Entertainment - Renamed Lionsgate Family Entertainment
**** The Video Late Show
**** Magnum Entertainment
**** Vestron Video
***** Vestron Pictures
***** Lightning Video
***** Lightning Pictures
***** Children's Video Library
**** Avid Home Entertainment
**** VCL (Germany)
**** Thiller Video
**** King Bee Video
** Avalanche Home Entertainment
** Codeblack Films
** Comic-Con HQ
** Fearnet - NBCUniversal acquired Lionsgate's stake in the network in 2013
** Film Roman - acquired by Waterman Entertainment in 2015; pre-2015 library retained by Starz/NBCUniversal
** Mandalay Pictures (1997–2002)
** Mandate Pictures
** Manga Entertainment (US branch)
** Maple Pictures
** Modern Entertainment-acquired from Modern Times Group in 2005.
*** Crown International Pictures library
*** New Visions Pictures library
**** New Century Entertainment library
*** Continental Film Group library
** Overture Films
** Pacific International Enterprises
** Redbus Film Distribution
*** Redbus Home Entertainment
** Starz Distribution
** Studio Home Entertainment
*** Sterling Home Entertainment
** Termite Art Productions
** Trimark Pictures
*** Vidmark Entertainment
* Melange Pictures, LLC – library holder of Republic Pictures films
** Budd Rogers Releasing Corporation
** Commonwealth United Entertainment
*** The Landau-Unger Company
**** Astor Pictures
*** United Pictures Corporation
** The Enterprise Studios
** Spelling Films
*** Taft International Pictures
**** Sunn Classic Pictures
* Paramount Comics – partnership with Marvel Comics for comics based on Paramount's film library
* Paramount Digital Entertainment
* Paramount Famous Productions
* Paramount Vantage/Paramount Classics
* Screenlife Games
* Wilshire Court Productions – made-for-TV movie division; library sold to CBS Corporation in 2006
* Paramount DVD
* Paramount High Definition
TV Entertainment (CBS Group)
* CBS Cable
* CBS Cable Networks - folded into Viacom Media Networks and renamed ViacomCBS Domestic Media Networks
* CBS Connections
* CBS Consumer Products — founded in 2009; folded into Nickelodeon & Viacom Consumer Products forming ViacomCBS Consumer Products
* CBS EcoMedia
* CBS EYE Productions
* CBS Films – Dormant and absorbed into CBS Studios with the theatrical distribution moved to Paramount Pictures in 2019.
* CBS Innertube
* CBS Records
* CBS Technology Center
* CBS Theatrical Films
* Cinema Center Films
* FindArticles
* GameRankings – Shut down on December 9, 2019, with its staff and older reviews being merged with Metacritic.
* King World Productions
** Camelot Entertainment Sales
** Eyemark Entertainment
*** Group W Productions
*** MaXam Entertainment
** King World Direct Inc.
** King World Merchandising, Inc.
* Paramount Stations Group
* Paramount Television
** Desilu Productions
** Viacom Enterprises
*** Terrytoons (theatrical library transferred into Paramount Animation)
** Viacom Productions
*** Viacom Pictures
* Spelling Television
** Thomas-Spelling Productions
** Laurel Entertainment
** Worldvision Enterprises
*** ABC Films
*** Taft Entertainment Television
**** QM Productions
**** Schick Sunn Classic Productions
**** Titus Productions
**** Jensen Farley Pictures
*** Evergreen Programs, Inc.
*** Worldvision Home Video LLC
** Charter Company
** Republic Pictures
*** National Telefilm Associates
**** Hollywood Television Service
***** Studio City TV Productions
**** NBC Films
***** California National Productions
**** U.M. & M. TV Corporation
** Spelling Daytime Television
* UPN
* Westinghouse Electric Corporation
** Westinghouse Broadcasting Company (Group W)
*** InterStar Releasing (51% controlling stake)
Cable Networks
* All News Channel (50% joint venture with Hubbard Broadcasting)
* Atom.com – absorbed into Comedy Central
** AddictingClips.com
* The Box
* CMT Films
* Comedy Central Films - folded into MTV Entertainment Studios
** Comedy Central Productions
* Defy Media (26%)
** AddictingGames
** Shockwave
* GoCityKids.com
* MTV Urge
* MTV Chi
* MTV Desi
* MTV K
* Nick Games and Sports for Kids (Nick GaS) – TV Network
* Nickelodeon Magazine
* Nickelodeon on Sunset
* Nickelodeon Studios (theme park & productions)
* NickMom
* Nick Radio
* Nickelodeon Records
* NickRewind – TV block on TeenNick
* Quizilla
* VH1 Uno
* Viacom Music – music publisher affiliated with BMI
* Viacom NEXT
* World Sports Enterprises
International Networks
* CBS Studios International
** Big CBS Prime (joint venture with Reliance Broadcast Network)
** Big CBS Love (joint venture with Reliance Broadcast Network)
** BIG CBS Spark (joint venture with Reliance Broadcast Network)
** CBS Action (joint venture with AMC Networks International)
* Simon & Schuster
** Cash Money Content – a co-venture with Cash Money Records
** Marble Arch Press – co-publishing agreement with the United Kingdom publisher Short Books
** Mercury Ink – co-publishing deal with Glenn Beck and Mercury Radio Arts
** MTV Books – young adult and pop-culture imprint of Gallery Books Group
** North Star Way Books – inspirational non-fiction imprint with additional services for authors
** Simon451 – speculative fiction and fantasy imprint
* Sega Sammy Holdings
** Sammy Studios (now High Moon Studios)
** SI Electronics Ltd.
** SIMS Co., Ltd.
** Index Corporation
*** Index Asia Co, Ltd.
** Technosoft
** Visual Concepts (Sold to Take-Two Interactive)
** Dimps Corporation (Sega and Sammy were major shareholders at one point, along with Bandai Namco Entertainment and Sony Interactive Entertainment)
** Japan Multimedia Services Corporation
** HONEST Co., LTD.
** InfiniTalk Co., Ltd.
** patina Co., Ltd.
** D×L CREATION Co., Ltd.
** Butterfly Corporation
** f4samurai, Inc.
** Sega Sammy BUSAN INC.
* Other assets
** 5Spike – succeeded by Paramount Network in 2020
** Kindernet
** TMF
** VIVA
** Spree TV (50%)
== Changes ==
* Lions Gate Entertainment Group will be folded into Paramount Global
** Starz will be sold to NBCUniversal. As a result, the rights to The Evil Dead, Evil Dead 2: Dead by Dawn, and Ash vs. Evil Dead will be sold to Universal Pictures and Universal Television
* Entertainment One will be transferred to Paramount Global
** Amblin Partners will sell DreamWorks Pictures to NBCUniversal via Universal Pictures
* Walmart Hasbro via Paramount Global will acquire a 100% stake in Miramax from beIN Media Group and Dimension Films from Lantern Entertainment.
* Walmart Hasbro via Paramount Global will acquire Mirage Studios
* Walmart Hasbro will sell it's 40% stake in Discovery Family to Warner Bros. Discovery, thus making all Hasbro content become exclusive to Nickelodeon and Paramount+.
* Any co-productions between Hasbro and Netflix will be moved to Paramount+. By extension, all films and television programs based upon Hasbro properties (Transformers, My Little Pony, Power Rangers, etc.) will be available exclusively on Nickelodeon and Paramount+.
* Walmart Hasbro via Paramount Global will acquire Sega Sammy Holdings.