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However, on August 7, 2019, both CBS and Viacom delayed their merger announcement as the two companies reported the quarterly earnings, though the talks about the re-merger continues. [80] [81] On August 13, 2019, CBS and Viacom officially announced their merger; CBS would purchase Viacom and change its name to ViacomCBS (now Paramount Global ...
CBS Corporation was an American media company that owned CBS, The CW, Showtime, and other properties. It was formed in 2005 from the spin-off of the second incarnation of Viacom, and merged with Viacom in 2019 to form ViacomCBS.
Learn how CBS Corporation and Viacom re-merged in 2019 after their separation in 2005, and how they became Paramount Global in 2022. The merger was initiated and owned by National Amusements, a theater company.
Paramount Global is an American media and entertainment conglomerate formed in 2019 by the merger of CBS Corporation and Viacom. It owns and operates various networks, studios, streaming services, and international assets, and is expected to merge with Skydance Media in 2025.
Paramount Media Networks is an American media division of Paramount Global that oversees many of its television channels and online brands. It was formerly known as MTV Networks, Viacom Media Networks and ViacomCBS Domestic Media Networks.
On August 13, 2019, CBS and Viacom officially announced their merger; the combined company was to be named ViacomCBS, with Shari Redstone serving as chair. [11] [12] [13] Upon the merger agreement, Viacom and CBS jointly announced that the transaction is expected to close by the end of 2019, pending regulatory and shareholder approvals. [13]
Logo of the spun-off Viacom (2005–2019), introduced on December 31, 2005. The existing Viacom would become the second CBS Corporation as it was headed by Moonves and kept CBS, Simon & Schuster, [45] and Paramount Network Television (now known as CBS Studios), among other assets; while MTV Networks, BET Networks, and Paramount Pictures would ...
Paramount Television Studios was the television arm of Paramount Pictures, a division of Paramount Global, from 2013 to 2024. It produced and distributed various shows for streaming services and networks, and was the revival of the original Paramount Television.