Paramount Home Media DistributionParamount Home Media Distribution (PHMD); formerly Paramount Home Entertainment, Paramount Home Video and Paramount Video; is the home video distribution arm of Paramount Pictures, a subsidiary of Viacom and was founded in 1976.
PHMD distributes most of the programming assets owned by Viacom's parent National Amusements. This not only includes films by Paramount Pictures themselves, but also the back catalog of DreamWorks, shows from Viacom Media Networks, and the new Paramount Television. And, also through CBS Home Entertainment, most of the holdings of Viacom's sister company CBS Corporation – this includes the libraries of CBS Television Studios, CBS Theatrical Films, and Showtime Entertainment. Provided by Wikipedia