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On December 31, 2005, American mass media company Viacom split into two companies: the second CBS Corporation, its successor (the first being a short lived rename of Westinghouse Electric) which held the namesake flagship channel CBS, CBS News, CBS Sports, Showtime Networks, UPN (merged with The WB to form the CW, co-owned by Time Warner), Smithsonian Channel, Simon and Schuster, Infinity ...
In February 2011, Viacom set up Viacom International Media Networks Italia to purchase a 30% ownership stake of the Rainbow S.p.A. animation studio for 62 million euros (US$83 million). [2] The purchase was called "the most significant transaction [in Italian entertainment]" of the year by the Fondazione Ente dello Spettacolo . [ 6 ]
Paramount Television Studios, formerly the second incarnation of Paramount Television, was the television arm of American film studio Paramount Pictures, a division of Paramount Global, founded on March 4, 2013, by its predecessor, Viacom, following an emerging vigorous business with the technological expansion of television via streaming services. [3]
On August 27, 1985, Warner sold 31% of MTV Networks to Viacom, with Warner also selling 19% of its Showtime/The Movie Channel, Inc. joint to Viacom as well. [5] [6] In November 1985, Viacom announced that it had plans to buy the remaining 69% of MTV Networks from Warner for $326 million, [7] and the acquisition was completed on May 20, 1986. [8]
CBS Home Entertainment (formerly CBS Video Enterprises, Inc., MGM/CBS Home Video, CBS/Fox Video and CBS Video, currently branded as CBS DVD for DVD releases and CBS Blu-ray for Blu-ray releases) is an American home video company that distributes films and television shows produced by the CBS Entertainment Group and is a division label of Paramount Home Entertainment that releases content from ...
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Logo and toys from when the company was known as Nickelodeon & Viacom Consumer Products. Nickelodeon & Viacom Consumer Products (NVCP) was founded in 1991. [1] At first, it was a subdivision of Nickelodeon Enterprises, [8] a business unit set up to license Nickelodeon's properties to other companies.
Viacom described this as a "temporary slimdown" until a new carriage deal with DirecTV was reached. [34] Viacom and DirecTV reached an agreement on July 20 to return the interrupted programming. [35] In 2012 CEO Phillip Dauman began to report Viacom's intentions to bundle past programming and make it available on-demand via services like Hulu. [36]
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