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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, Channel 10, PopTV, Simon and ...
Westinghouse renamed to CBS Corporation: 2000: Viacom acquires UPN and CBS Corporation: 2005: Viacom splits into second CBS Corporation and Viacom: 2006: CBS Corporation shuts down UPN and replaces it with The CW: 2017: CBS Corporation sells CBS Radio to Entercom (now Audacy) 2019: CBS Corporation and Viacom re-merge as ViacomCBS: 2022 ...
CBS Cable Networks – folded into Viacom Media Networks, later renamed to ViacomCBS Domestic Media Networks (later Paramount Media Networks) CBS EcoMedia; CBS Experiences Inc. CBS EYE Productions; CBS Films – Dormant and absorbed into CBS Studios with the theatrical distribution moved to Paramount Pictures in 2019. CBS Innertube
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 ...
The company’s shares will trade on the NASDAQ index under the ticker symbol PARA (for Class B common shares), PARAA (for Class A common), and PARAP (for Class A preferred).
[12] [13] In 1952, CBS formed CBS Television Film Sales, a division which handled syndication rights for CBS's library of network-owned television series. This division was renamed CBS Films in 1958, again renamed CBS Enterprises in January 1968, and finally renamed Viacom (an acronym of Video and Audio Communications) in 1970.
Shares of the company formerly known as ViacomCBS sank more than 20 percent on Wednesday morning, after reporting earnings on Tuesday that missed Wall Street forecasts.The media conglomerate ...
CBS is swapping the stations and US$170 million in cash for 7.59 million shares of CBS common stock held by Liberty Media. On February 26, 2007, CBS began investing in Electric Sheep, which is a virtual world content developer.