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The CBS Corporation name was later reused for one of the two companies resulting from the split of Viacom in 2005. One of the few remaining original lines of business to survive this process was the nuclear power division, which was sold to BNFL in 1999 and re-formed as Westinghouse Electric Company .
CBS Corporation was an American multinational media company with interests primarily in commercial broadcasting, publishing, and television production.It was split from Viacom on December 31, 2005, alongside an entirely new Viacom; both CBS Corporation and the second Viacom were controlled by National Amusements, a theater company owned by billionaire Sumner Redstone.
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 ...
However, in 1999, entertainment conglomerate Viacom, which had been created by CBS in 1952 as CBS Television Film Sales to syndicate old CBS series and was eventually spun off under the Viacom name in 1971, announced it was taking over its former parent in a deal valued at $37 billion. Completed on April 26, 2000, upon which Viacom became the ...
Westinghouse Electrique France is located in Orsay and Manosque near Marseille (engineering development). As of 2014, about 400 employees are part of Westinghouse in France. Westinghouse owns a nuclear fuel fabrication plant at Västerås, Sweden which has provided nuclear fuel for Russian VVER-1000 nuclear reactors.
CBS and Viacom are finally, really, back to together. Less than four months after announcing their intentions to rejoin as one company, the companies closed their merger on Wednesday, beginning ...
Viacom Inc. [a] (derived from "Video & Audio Communications") was an American mass media and entertainment conglomerate based in New York City.It began as CBS Television Film Sales, the broadcast syndication division of the CBS television network in 1952; it was renamed CBS Films in 1958, renamed CBS Enterprises in 1968, renamed Viacom in 1970, and spun off into its own company in 1971.
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.