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In August 2019, Viacom announced that it would merge with CBS Corporation, reuniting the two entities under the ViacomCBS name. [25] [26] The merger closed on December 4, 2019. [27] [28] Announced on November 11, 2019, as part of the re–merger, the Media Networks division was renamed ViacomCBS Domestic Media Networks, and reorganized.
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.
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 ...
The second phase of Viacom Inc. (/ ˈ v aɪ ə k ɒ m / ⓘ VY-ə-kom or / ˈ v iː ə k ɒ m / ⓘ 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.
On August 16, 2021, ViacomCBS announced that they had agreed to sell the CBS Building to the real estate investment and management firm Harbor Group International for $760 million, leasing the space back under a short-term lease. [60] On September 28, 2021, ViacomCBS announced that they had agreed to partner with software and data firm VideoAmp ...
The second incarnation of CBS Corporation (the first being a short-lived rename of the Westinghouse Electric Corporation) was an American multinational media company with interests primarily in commercial broadcasting, publishing, and television production.
Paramount Networks Americas, formerly MTV Networks Latin America, Viacom International Media Networks The Americas and ViacomCBS Networks Americas, is a regional subsidiary of Paramount International Networks. Its operational headquarters is located in Miami, Florida, with offices in Mexico, Brazil, Argentina, Chile and Colombia.
Paramount Streaming (formerly CBS Digital Media, CBS Interactive, and ViacomCBS Streaming) is a division of Paramount Global that oversees the company's video streaming technology and direct-to-consumer services; including Pluto TV and Paramount+.