Paramount Global is re-establishing its presence in the publishing sector with the introduction of a new imprint, Paramount Global Publishing. This strategic initiative aims to capitalize on the company's vast library of intellectual property, including beloved characters and narratives, while also fostering the creation of fresh, original content. This development signals Paramount's renewed focus on the literary world, nearly three years after the divestiture of its former publishing arm, Simon & Schuster.

Paramount Global Establishes New Publishing Division in Strategic IP Expansion

On April 8, 2026, Paramount Global officially announced its intention to launch a dedicated publishing imprint, Paramount Global Publishing, later this year. This venture marks a significant return to the literary landscape for the entertainment giant, following its 2023 sale of Simon & Schuster for approximately $1.6 billion. The new imprint, operating under the company's products and experiences division, will be spearheaded by Amy Jarashow, head of global publishing, who will report directly to Josh Silverman, president of products and experiences.

The primary objective of Paramount Global Publishing is twofold: first, to strategically utilize Paramount's rich catalog of existing characters and stories, expanding their reach across various media; and second, to cultivate and develop new original narratives that possess the potential for future adaptation and world-building within cinematic universes. The imprint plans to engage with print, digital, and audio formats, targeting diverse age groups and demographics. While specific initial titles and a distribution partner are yet to be disclosed, these details are anticipated to be revealed in the near future. Paramount also intends to maintain its established licensing strategy, collaborating with other publishers and distributors on various projects.

Josh Silverman emphasized the profound impact of stories originating in books, stating, "Stories that originate on the page have a unique power to build immersive worlds, create compelling characters and forge deeper connections with fans. With the launch of Paramount Global Publishing, we're expanding the reach of our most beloved franchises while also introducing original stories to audiences around the world." This move underscores a broader industry trend where media companies are increasingly recognizing the value of books as a fertile ground for intellectual property development, providing established fanbases and rich narrative foundations that can combat "franchise fatigue" and enrich multi-platform storytelling.

This initiative echoes similar strategies within the industry, notably Fox's recent establishment of its own imprint through HarperCollins. Both companies are adopting a bidirectional approach, adapting existing intellectual property into literary forms while simultaneously developing original literary works that hold potential for screen adaptations. This strategic pivot highlights a growing recognition of the symbiotic relationship between publishing and visual media, where books serve as a vital conduit for cultivating narratives and engaging audiences across a spectrum of entertainment offerings.

Paramount's re-entry into publishing is a savvy move in today's content-driven landscape. By embracing books, they can organically nurture intellectual property, fostering deeper connections with audiences and potentially creating the next big hit for their film and television divisions. It's a testament to the enduring power of storytelling, regardless of its initial medium.