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- In 2005, Viacom split itself into two separate companies and re-established CBS Corporation through the spin-off of its broadcast television, radio and select cable television and non-broadcasting assets, with the CBS network at its core. CBS Corporation was controlled by Sumner Redstone through National Amusements, which also controlled the second incarnation of Viacom until December 4, 2019, when the two separated companies agreed to re-merge to become ViacomCBS (now known as Paramount Global)...
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CBS was formed in 1927, which Paramount Pictures held a 49 percent ownership stake in from 1929 to 1932. [12][13] In 1952, CBS formed CBS Television Film Sales, a division which handled syndication rights for CBS's library of network-owned television series.
Jul 8, 2024 · Paramount Global—the sprawling media empire behind CBS, MTV, and one of Hollywood’s most storied movie studios—has agreed to merge with technology scion David Ellison’s Skydance Media, ending...
Jul 8, 2024 · Paramount, owner of Paramount Pictures movie and television studios, the CBS television network and CBS News, announced in a news release late Sunday that it is combining with Skydance, an...
- alain.sherter@paramount.com
- 1 min
Feb 2, 2024 · It was renamed Paramount Global and launched streaming service Paramount+, replacing CBS All Access. The Redstone family owns about 10% of the equity in Paramount Global.
4 days ago · It was formed in 2019 through the merger of Viacom and CBS and is a subsidiary of National Amusements, Inc. Originally known as ViacomCBS, the company was renamed Paramount Global in 2022. Its primary holdings are in film and television (including streaming services).
- The Editors of Encyclopaedia Britannica
Jun 11, 2024 · The horse race for Paramount (whose components include its historic movie studio, CBS, the Paramount+ streaming service, and a raft of cable networks like MTV and Comedy Central) has been long,...
The 2019 merger of CBS Corporation and Viacom was announced on August 13, 2019, and was completed on December 4, 2019. The merger of equals reunited CBS Corporation and Viacom into a single company known as ViacomCBS (today known as Paramount Global) after their separation from the first incarnation of Viacom on December 31, 2005.