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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]
Most pre-1976 series produced by CBS or distributed by CBS Films were later distributed by Viacom and Paramount Television, then eventually came back full-circle to CBS in 2006. Alternatively known as CBS Entertainment Productions from 1978 to 1995.
Paramount Television Studios, formerly the second iteration 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]
Orion Pictures - other stake acquired by Viacom in 1986, subsequently it sold to Metromedia in 1987; currently owned by Amazon (through Amazon MGM Studios). Rainbow S.p.A. – 30% stake purchased by Viacom in 2011 re-acquired by Iginio Straffi in 2023 Gruppo Iven S.p.A. Colorado Film; Bardel Entertainment; Rainbow CGI; Moviement Talent Agency ...
In their last outings as leaders of ViacomCBS, the executive team led by Shari Redstone and Bob Bakish finally started to sound like they have a solid plan to compete in streaming. On the day ...
[48] [49] As part of the re-merger deal, CBS acquired Viacom for up to $15.4 billion. [50] On August 13, 2019, CBS and Viacom agreed to merge into a new entity known as ViacomCBS (now Paramount Global), with Viacom CEO Bob Bakish as president and CEO of the new company and CBS CEO Ianniello as chairman and CEO of CBS and oversee CBS-branded ...
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 ...
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