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ViacomCBS will change its corporate name to Paramount as of Feb. 16, calling the move an effort to adopt “an iconic global name” to reflect the conglomerate’s increasingly worldwide focus.
In 1985, CBS sold a small percent of TriStar to Columbia and HBO. USA Networks – Viacom sold its stake in the company to Universal Pictures in 1997; Viacom Cable – sold to TCI in 1995; Ohio systems resold to Time Warner Cable in 1998; Viacom Radio; Viacom18 (13.01%) – sold its stake to Reliance Industries in 2024 Viacom18 US; Viacom18 ...
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 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 ...
Several channels owned by Paramount Global, including CBS, Comedy Central and MTV, will soon disappear from YouTube TV on Thursday if the two companies don’t reach a contract renewal.
Paramount Pictures CEO Brian Robbins got cheeky about the sales talks surrounding his corporate parent Paramount Global. In a presentation to worldwide theater owners at the annual Las Vegas ...
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.
From the day Nicole Clemens took the reins of Paramount Television Studios in 2018, she fielded calls about whether “The Godfather” was available for development as a TV series. The answer was ...