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The second phase of Viacom Inc. ( / ˈvaɪəkɒm / VY-ə-kom or / ˈviːəkɒm / VEE-ə-kom; a portmanteau of Video & Audio Communications), was an American multinational mass media and entertainment conglomerate with interests primarily in film and television.
Paramount Global (also known simply as Paramount) is an American diversified multinational mass media and entertainment conglomerate controlled by National Amusements and headquartered at One Astor Plaza in Times Square, Midtown Manhattan.
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.
Dec 4, 2019 · The combined company, which is renamed ViacomCBS, creates a premium content powerhouse with global scale, including leadership positions in markets across the U.S., Europe, Latin America and Asia.
Feb 15, 2022 · NEW YORK, Feb. 15, 2022 /PRNewswire/ -- ViacomCBS today announced that the global media company will become Paramount Global (referred to as " Paramount "), effective February 16, bringing together its leading portfolio of premium entertainment properties under a new parent company name.
Aug 14, 2019 · The two companies, once part of the same conglomerate, plan to rejoin forces in an all-stock deal that values Viacom at $12 billion. The new company, ViacomCBS, will have more than $28 billion in revenue and the largest U.S. TV audience share.
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Nov 26, 2019 · The all-stock deal is structured as an acquisition of Viacom by CBS. After closing, CBS shareholders will own approximately 61 percent of the new company, and owners of Viacom will hold about...
